The UK should brace for higher inflation and higher-for-longer interest rates for the rest of the year, according to a leading independent financial advisory. Data earlier in the week showed that UK
The euro-pound currency pair trades around 0.8680 on Friday, with EURGBP losing 0.10% as investors assess contrasting economic outlooks in the Eurozone and the United Kingdom. In the Eurozone, the latest data
The Pound Sterling rallied during the North American session on Thursday against the dollar after new jobs data in the US contradicts a stellar nonfarm payrolls report released a day earlier. The
The GBPUSD currency pair surged 0.42% on Tuesday as the latest US jobs report revealed a labour mark weakness, while retail sales were unexpectedly unchanged from September figures, an indication of consumers’
By Aaron Hill A bright spotlight falls on Tuesday’s US November employment report, and it is arguably the dominant asset driver. This is due to comments from Fed Chair Jerome Powell last week,
The euro edged lower against the British pound on Wednesday, with the EURGBP currency pair oscillating within its familiar one-week range as caution dominates broader forex markets ahead of the Federal Reserve’s
The EURGBP currency cross holds steady near 0.8785 during early European trading on Tuesday, as traders wait on the sidelines ahead of the preliminary reading of the Harmonised Index of Consumer Prices (HICP)
The EURGBP currency cross flat lines near 0.8810 during the early European session on Tuesday. Nonetheless, recent weak UK gross domestic product (GDP) data has pressured the Bank of England to potentially
The Euro extended gains against the British Pound on Wednesday which weakened across the board following reports of growing tension within the Labour Party and speculation over Prime Minister Keir Starmer’s leadership,
A lower-than-expected inflation in September, softer wage growth, and clear signs of slowing activity in the third quarter have strengthened the case for the Bank of England to consider cutting interest rates
