So, even a softening of inflation today on less sterling depreciation passthrough is unlikely to change the thinking much within the MPC (monetary policy committee).
moreIn turn, market participants may largely react to the fresh comments coming out of the central bank next week as Governor Mark Carney and Co.
more| 11 Nov 2016 11:01 | Bloomberg |
British Pound Wins With Trump Victory · How Pollsters Missed It So Badly in 2016 · Full Show: With All Due Respect (11/10/16) · Obama Says Conversation With Trump Was 'Excellent' · Trump Isn't Great for Gunmakers · Ritholtz on Lessons Learned From the ...
more| 11 Nov 2016 04:15 | Pound Sterling Live |
Pound Sterling was on track for its best two-week stretch in eight years, a rally that's powered it to its strongest in five and six weeks against the Dollar and Euro, respectively.
more| 17 Feb 2016 09:33 | FX News Call |
The Great British pound weakened against the US dollar on Wednesday after the most recent U.K. employments report demonstrated that wage increase toned down in the most recent three months of 2015, underlining desires that loan fees will stay on hold ...
more| 17 Feb 2016 03:00 | FX News Call |
It is known to all of us that GBPUSD (British Pound versus the US Dollar) is around the critical support level which is because of the strong support that exists in the current market zone, the lows of May 2010.
moreJobless claims are seen falling 3k in January, marking the third consecutive decline. Traders are likely to be far more interested in wage growth figures after a disappointing CPI report undermined BOE policy bets yesterday, sending the British Pound ...
moreOur data shows there are currently 1.9 open GBP/USD-long positions for every one that is short, and a contrarian view of crowd sentiment favors further declines.
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