The UK’s latest consumer price index and wage growth figures will be closely watched by GBP investors this week. Any signs that inflationary pressures are building may lead to a trimming of Bank of ...

The pound (GBP) wavered on Friday amid fresh Bank of England (BoE) interest rate cut speculation. Despite comments from BoE Chief Economist Huw Pill on Thursday urging caution on further rate cuts, ...

The pound (GBP) rose yesterday following better-than-expected UK GDP figures. The British economy expanded 0.1% in the fourth quarter of 2024, rather than contracting 0.1% as expected, easing ...

The pound (GBP) weakened throughout yesterday’s session as investors continued to price in further interest rate cuts from the Bank of England (BoE) this year. However, Sterling showed resilience ...

The pound (GBP) initially weakened yesterday before regaining ground in the afternoon. Some dip-buying seemed to support Sterling after GBP struck multi-day lows against many of its peers. This ...

The pound (GBP) struggled through yesterday’s session as ongoing concerns about the UK’s economic outlook weighed on sentiment. Despite upbeat growth projections from the National Institute of ...

The pound (GBP) edged higher at the end of last week after Bank of England (BoE) Chief Economist Huw Pill struck a hawkish tone in his latest comments. Pill’s suggestion that the BoE isn’t ready to ...

This week sees the publication of the UK’s latest GDP figures, which could pull the pound (GBP) lower if they reveal that economic growth stalled or even contracted in the last quarter of 2024.

Daily updates on how key currencies are performing in the currency markets.

The pound (GBP) struggled for direction on Tuesday as investors held off on making any major moves ahead of the Bank of England’s (BoE) interest rate decision on Thursday. While a 25 basis point rate ...

The pound (GBP) moved without clear direction yesterday as a lack of British economic data left the currency rudderless. Meanwhile, a souring mood saw GBP soften slightly against some of its safer ...

This week, both the Federal Reserve and the European Central Bank (ECB) will announce their latest interest rate decisions. A hawkish hold from the Fed and a dovish cut from the ECB could see the US ...