BoE Rate Hike Expected

By Currency Global | October 18, 2021

GBP The pound rallied by just under a percent last week versus the dollar as markets priced in 15bp of tightening by the Bank of England by the December 2021 meeting with a further 75bp expected next year. This led to cable being at it’s highest since the start of October which has taken the…

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Markets Await Fed and BoE

By Currency Global | September 20, 2021

GBP The pound managed to stay flat against the euro but lost half a percent to the dollar in a week which saw strong inflation numbers but poor retail sales. It would seem markets are starting to weigh up the possibility of global stagflation as prices rise but economic output fails to increase. One of…

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