REAL TIME NEWS
Loading...

boe

Pound Rally Stalls on Weak UK GDP

UK GDP ContractsThe rally in GBPUSD has stalled for now ahead of the 1.30 level as weaker-than-forecast UK economic data hit the wires this morning. Monthly UK GDP was seen contracting 0.1% last...

GBPUSD Testing Key Level as UK Retail Sales Jump in January

Strong UK Data ContinuesNear-Term BOE easing expectations continue to weaken in the face of further strong data out of the UK today. Following strong wage growth and higher CPI earlier in the week,...

BOE Rate Cut Chances Vanish With Soaring UK Inflation

UK CPI hits 3% Again The chances of a follow-up rate cut from the BOE next month have fallen sharply this week in response to the latest UK data. Yesterday, wage growth was seen rising to 6% from 5.5%...

GBP Falling As Traders Brace For BOE Rate Cut

BOE On WatchThe British Pound is on watch today as traders prepare for the latest Bank of England rate decision and monetary policy meeting. The market is widely expecting the BOE to cut rates by a...

Bearish GBPUSD Risks Into US Inflation Today

UK Inflation FallsBearish sentiment in GBPUSD persists into the middle of the week with the latest UK economic data today giving sellers further ammunition. UK inflation was seen unexpectedly cooling...

GBP Resilient Despite Weak UK Data

UK Retail Activity PlungesGBPUSD remains in the green today despite bearish UK data, with a weaker US Dollar helping keep the pair propped up. The UK BRC retail sales monitor for November came in well...

Pound Plummets on Dreary UK Data Dump

Retail Sales Drop SharplyThe British Pound has come under heavy selling pressure today amidst a sea of red UK data this morning. Retail Sales were seen contracting 0.7% last month, down sharply from...

BOE Easing Chances Fall as UK Inflation Soars

UK CPI JumpsWe’re seeing heightened volatility in GBP today following the release of the latest UK economic data this morning. UK inflation was seen jumping above forecasts last month with headline...

GBPUSD Slump Deepens on GDP Miss

Pound Under PressureThe British Pound has come under fresh selling pressure today after the latest UK economic data this morning came in below forecasts. UK GDP printed -0.1% MoM, below the prior and...