ING is looking for three further cuts later this year, but a shaky jobs market and the prospect of lower services inflation risks pushing the BoE into more aggressive moves. Click to read.
Expect an 8-1 vote in favour of another rate cut next Thursday, though we doubt the Bank will drop too many hints on what ...
"Spot is a little softer on the session but GBP losses are holding a little above the mid-week low (where a bullish 'hammer' pattern formed) at 1.2393. Cable should find support around 1.2390/95 today ...
"The Bank of England (BOE) is widely expected to slash the policy rate 25bps to 4.50% next Thursday. Most indicators of UK ...
The GBP/USD exchange rate pulled back slightly after the Federal Reserve interest rate decision and US GDP data. It dropped ...
The US Dollar struggles as Q4 GDP slows to 2.3%, with inflation holding at 2.2%. Fed rate cut bets remain uncertain. Read the ...
He's an eccentric motorcycle and engine building genius who regularly creates mind-bending engineering alchemy and has ...
The US Dollar weakens as Durable Goods Orders disappoint. Bond yields fall, impacting GBP/USD and EUR/USD. What’s next for ...
Sterling remained vulnerable even after efforts from the U.K. Treasury chief and the BOE to restore confidence in gilts, ING said, adding it expects the currency to fall to to $1.19 and the euro to ...
Sterling is little moved after U.K. Treasury chief Rachel Reeves set out plans to boost economic growth. In a speech Wednesday, Reeves announced several infrastructure projects including a third ...
The Nigerian naira appreciated to N1,635 per dollar in the parallel market on Tuesday, strengthening from N1,650 per dollar recorded ...
GBP/USD dipped on Wednesday as dollar firmed as investors focused on the Feds monetary policy decision. The central bank is ...