Bank of England

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GBP/USD forecast: What does BoE’s rate hike mean for pound?

Despite struggling post the BoE rate decision, the longer-term GBP/USD forecast remains bullish. But in the short-term, a drop back to 1.25 cannot be ruled out.

BoE’s dovish hike leaves pound in limbo

Investors are wondering whether the BoE was done with hiking...

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February 2, 2023 07:48 AM
multiple currencies

BoE split in decision to hike by 50 bps

Two MPC officials, Tenreyro and Dhingra, voted to keep rates unchanged at 3%

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December 15, 2022 07:27 AM

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BOE delivers a "dovish" 75bps hike

The BoE’s decision comes hot on the heels of the FOMC meeting the day before

November 3, 2022 08:25 AM
Gold nuggets

Gold shines as yields plunge on BoE intervention

BoE will temporarily carry out purchases of long-dated UK government bonds at an “urgent pace,” and on “whatever scale” necessary to restore orderly market conditions.

GBP/USD: BoE intervention unlikely to help pound

BoE is attempting to soothe investor nerves after they were spooked by last week’s mini budget.

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September 28, 2022 07:00 AM
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BoE’s grim forecasts weigh on pound

…But there’s hope for GBP/USD bulls – the dollar and bond yields are weakening again.

multiple currencies

BoE risks losing credibility after 25bp hike

The 25-basis-point hike was priced in but failure to surprise… is a surprise in this week of central bank surprises

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BoE’s dilemma

A 25-basis-point hike is priced in, but will the BoE deliver a surprise?

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BoE Preview: MPC won’t deviate much from recent hawkish path

The Bank of England looks set to hike rates by 0.25%, but how will this impact the pound?

Multiple Euro bank notes in 20€, 50€ and 100€

GBP/USD near year-to-date lows amidst worst week since August

It’s clear that GBP/USD bears have the upper hand in the short term...

Board of currencies

EUR/GBP Could Reach Near .9000

Due to the inequality of the cuts, GBP should move lower at a faster pace than the Euro.

Multiple Euro bank notes in 20€, 50€ and 100€

Same Old Trading for GBP/USD after Brexit

Today officials from both sides began laying out the groundwork for a new agreement

Board of currencies

Will the BoE cut rates?

This is set to be one of the closest interest rate decisions of recent years

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January 29, 2020 06:17 AM
UK Union Jack Flag alongside European Union flag

BREXIT: Hints of Clarity as the UK Enters an 11-Month Transition Period

Market reactions to Brexit are likely to play out over a more extended timeframe...

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Bank notes of different currencies

Week Ahead: Coronavirus, FOMC, BOE, and Brexit

On the opening next week, the focus will likely continue to be the Coronavirus.

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EUR/GBP: Brexit and BOE and Bears, Oh My!

Friday’s UK PMI report has the potential to tip the scales and lead to an explosive move in the pound...

Yen, Euros and dollar currency bills and notes

GBP/USD at Key 1.3000 before Employment Data

This could be the last straw for the MPC if the data is worse.

EUR/GBP May Be Vulnerable with UK Retail Sales, ECB and BOE on Tap

A weak UK retail sales report could be a near-term catalyst to take EUR/GBP back toward the bottom of its range near 0.8460

Sterling Lower on Economic Data

For today’s most important data releases, the outcome was even worse than expected.

Pay Attention to Me!!!

This week brings a plethora of data from the UK to use as a re-starting point.