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GBP Forecast – will we see a rate hike in August?

Bank of England

As forecast by my colleague Alastair rates have pushed back through the 1.14 level today following the latest Bank of England interest rate meeting. As expected, the central bank held its key base rate on hold at 0.5% but it…

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GBPEUR lower after Commons vote

Good morning. GBPEUR has drifter lower this morning after yesterdays Commons vote. The government averted a Rebellion by pro-EU MPs by offering a meaningful vote on the final deal agreed with the EU. This meant they could overturn a series of amendments made…

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Sterling rebounds ahead of tomorrows US jobs data

Sterling has found a small level of support against the US dollar this morning, in a move which could be short lived ahead of tomorrow’s key US jobs data. We have seen sterling now push to a high of 1.3325…

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