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UK CPI likely eased to 2.7% in June on falling fuel prices, but relief is temporary as July's energy price cap rises 13% and Middle East tensions push oil prices back up, with inflation seen peaking …
Sterling steadied near 1.3478 but faces downside risk as markets price a GBP risk premium ahead of the UK Autumn Budget, amid weak hiring intentions and persistent inflation concerns that complicate …
GBPUSD climbed above 1.363 as markets priced a BoE hold and awaited UK inflation and jobs, while expected Fed rate cuts pressured the dollar, supporting sterling.
Sterling held near 1.3513 after a strong rally driven by weak US jobs, increasing Fed rate-cut odds. BoE likely to cut less, creating a rate-divergence advantage for the pound ahead of next week's ce…
GBPUSD trades rangebound between 1.3368 support and 1.3590 resistance as traders await US jobs and PCE data; UK inflation remains sticky, complicating central bank outlooks for both currencies.
BOE policymaker Mann flagged greater inflation persistence and a tighter-than-expected policy path, endorsing a restrictive Bank Rate while keeping cuts conditional if demand weakens, leaning hawkish…