Tag Archives: Pound
pound
UK Composite PMI Slumps to 48.5, Fueling Sterling Sell-Off and BoE Rate-Cut Bets
UK S&P Global Composite PMI fell to 48.5 in May, missing forecasts, signalling contraction in private sector activity.
Sterling Holds Near 1.3435 as Softer UK Inflation Spurs BoE Cut Bets, PMI in Focus
GBP/USD hovered near 1.3435, steady amid UK inflation slowdown, ahead of UK/US PMI data, and US–Iran talks.
Sterling holds near weekly high as Fed hawkishness and UK cooling tilt GBP/USD lower
GBP/USD steadied near 1.3430 as US-Iran tensions, Fed hawkish minutes, and softer UK data influenced sentiment.
Sterling Holds Near 1.3450 as US Dollar Softness Offsets Cooling UK Inflation and Dovish BoE
UK inflation slowed, yet sterling rose near 1.3450 on dollar weakness; PMIs and retail sales awaited.
Bailey Flags Scope for BoE Rate Pause as UK Growth and Wage Pressures Ease
Bailey says tighter markets buy time on rates as growth softens, wages ease, inflation expectations anchored.
Euro slips versus Pound as UK inflation cools and ECB tightening bets firm up
Euro slipped versus Pound as UK inflation cooled, Eurozone rose, shifting rate expectations and boosting Sterling.
EUR/GBP slides as UK inflation outpaces Eurozone, fuelling BoE-ECB policy divergence
EUR/GBP hovered above 0.8655 as bearish momentum persisted; inflation data offered limited support; key support/resistance levels.
Soft UK CPI and firmer PPI muddy Bank of England outlook as labour slack grows
UK inflation dips as services cool; PPI surprises higher, muddying BoE outlook amid softening labour market.
Sterling steadies against weak Yen as UK inflation cools, keeping BoE outlook uncertain
GBP/JPY held near 213.00 as weaker UK inflation hit Sterling, while yen pressure persisted from yield gaps.
EUR/GBP steadies near 0.8660 as softer UK CPI dents BoE bets; ECB hawks in focus
EUR/GBP rebounded near 0.8660 as UK inflation cooled, weakening pound; PMI data and ECB signals awaited.
