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Tag: Bank of England

Will retail sales weigh on British pound?

Blockchain
The British pound is almost unchanged on Thursday, trading at 1.2342 in the European session. Markets brace for another decline in retail sales All eyes...

Agile approach needed as new car orders ‘drop off a cliff’, opinion

Automotive
After the “pressure cooker” of the post-pandemic automotive retail sector, MotorVise managing director Fraser Brown says car dealers need to ensure 2023 is a...

GBP/USD Outlook: Risk-off Sentiment Pushing USD Demand

Forex
Manufacturing output in the US experienced its worst decrease in nearly two years. There are concerns that the world’s largest economy is...

Pound jumps as inflation eases

Blockchain
The British pound is in full flight upwards on Wednesday. In the North American session, GBP/USD is trading at 1.2393, up 0.86%. UK inflation...

Stubborn

Blockchain
Equity markets are marginally higher in Europe, with the Nikkei outperforming in Asia on the back of a much weaker yen. BoJ stands firm The...

EUR/GBP to trade on the soft side of an 0.8850-0.8900 range – ING

Forex
Today's UK employment data saw EUR/GBP drop 15 pips – a move that makes sense, in the view of economists at ING. The longer...

GBP/USD Outlook: Consolidating Ahead of Employment Data

Forex
Traders awaited UK jobs and inflation figures for hints on the BoE’s monetary policy plans. Optimism for further progress in negotiations between...

The Case For and Against Crypto Regulations

Blockchain
Crypto currencies and assets may be about to enter the big league in a couple of years or maybe half a decade. It is foreseeable...

GBP/USD edges higher as GDP outperforms

Blockchain
The British pound is slightly higher on Friday. GBP/USD is trading at 1.2234, up 0.24%. The pound has enjoyed a solid week, with...

GBP/USD Outlook: BoE’s Pill Sees Likelihood of Ongoing Inflation

Forex
Britain still faces the threat of ongoing inflationary pressure due to a tight labor market. Markets anticipate the BoE will increase rates...

Week Ahead – Inflation remains key

Blockchain
US This week’s main event will be when a little inflation report comes out. The US CPI report for December is expected to show...

Sterling slips as Construction PMI falters

Blockchain
The British pound has extended its losses on Friday. In the European session, GBP/USD is trading at 1.1847, down 0.52%. Construction PMI declines It has...
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