The GBPUSD pair remains confined around 1.2710 during Asian trading on Wednesday. Financial markets await fresh impetus, with the release of the UK Consumer Price Index (CPI) and FOMC Minutes due on Wednesday. Federal
By Naeem Aslam European markets and US futures are trading higher while investors wait for the two most important events to unfold, one of which will shape trading activity for the rest
With central banks signalling a path toward looser monetary policies as decades-high inflation cools, investors will be rushing into fixed yield opportunities before interest rates are cut, said the chief executive of
The EURGBP cross pared its daily gains, trading lower around 0.8620 on Tuesday, following mixed Purchasing Managers Index (PMI) figures from the United Kingdom and the Eurozone. The preliminary S&P Global/CIPS UK Manufacturing
The Bank of England must not be tempted to use a smaller-than-expected drop in inflation in March to delay interest rate cuts further, warned the CEO of a leading independent financial advisory
The Bank of England left interest rates unchanged at a 16-year high of 5.25% on Thursday, fuelling more fervent calls for the central bank to cut rates at their next opportunity. “For
The GBPUSD pair held below the 1.2700 mark during early Asian session on Wednesday, trading near 1.2695 and losing 0.08% on the day, with the downtick backed by the renewed US Dollar
The Bank of England’s Monetary Policy Committee (MPC) decided on Thursday to keep interest rates at 5.25%, unchanged for the fourth consecutive time, with a leading asset manager saying this showed the
By Craig Erlam UK retail sales fell sharply in December as consumers tightened their purse strings during what is normally a hugely important time of year for retailers. Any sense of optimism
By Craig Erlam Labour market figures Tuesday morning kicked off a big week of economic data for the UK in a promising way, with wage growth a particular highlight from the report.
