The Pound Sterling prints red bars on traders’ screens after the Bank of England meeting. The BoE leaves interest rates unchanged and keeps the same 7-2 […]
Tag: Sterling
Pound Sterling rebounds as steady UK wage growth diminishes BoE rate-cut bets
The Pound Sterling rebounds to 1.2750 as steady UK wage growth undermines BoE rate-cut bets for the August meeting. UK Average Earnings Excluding bonuses rose steadily by 6%. […]
Pound Sterling bounces back with focus on US core PCE inflation
The Pound Sterling finds a cushion below 1.2700 despite uncertainty ahead of the US core PCE Inflation. UK’s high service inflation remains a barrier to the sustainable […]