Tag: UK economy
Is Bank of England Close to Announcing a Rate Cut? – Latest Updates and...
The Bank of England is set to meet on Thursday, and there is speculation that a rate cut might be announced. Despite positive data,...
Bank of England Preview: Dovish Hold and Limited EUR/GBP Downside – Action Forex
The Bank of England (BoE) is expected to maintain the Bank Rate at 5.25% on August 1st, despite market expectations for a 25bp cut...
UK Data Analysis: Impact of Labour Win on Pound – Action Forex
The UK economy has shown signs of improvement, with GDP growing by 0.7% in the first quarter of the year. Analysts are now expecting...
GBP Forecast: Bank of England Speakers Return – ING
The first week of Keir Starmer as UK Prime Minister is being closely watched by the markets, according to FX analyst Francesco Pesole from...
GBP/USD Extends Winning Streak After NFP Report
GBP/USD saw a rise above 1.2800 after the release of US NFP figures on Friday. The positive data sparked a risk rally in the...
GBP Reacts to UK Election Result: Analysis by Rabobank
The GBP has remained relatively stable following the UK election results, despite the lack of significant movement. However, the recent decline in the value...
Goldman Sachs Analysis: UK Economic Outlook Under Labour Government | Forexlive
The UK election took place on Thursday, July 4, 2024, and the Labour Party emerged victorious in a landslide victory. According to a report...
BoE August Rate Cut Increases, EUR/GBP Recovery Delayed
Thursday's statement from the Bank of England (BoE) indicates that there may be an interest rate cut coming soon, according to ING's FX Strategist...
UK Election Turmoil and Mixed Data Weigh on Pound Sterling
The recent data coming out of the United Kingdom has painted a mixed picture of the economy, leading to some turmoil for the Pound...
UK Services PMI for June Falls Below Expectations – Forexlive
The UK Services PMI for June fell below expectations, with a reading of 52.9 compared to the prior 51.2. The Manufacturing PMI came in...
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Matt Gaetz Withdraws Nomination for Trump’s Attorney General
US Representative Matt Gaetz has decided to withdraw his nomination as President-elect Donald Trump's choice for U.S. attorney general. This decision comes after facing...
