Key Points From This WeekCOVID Vaccinations BeginRisk sentiment broadly improved this week as the first sets of COVID vaccinations began in the UK. This comes on the back of the UK government...
GBP Rallies on October Inflation Rise
Headline & Core Inflation RoseThe latest UK economic data released today showed that Consumer prices rose in October. Headline CPI was seen increasing by 0.7% over the month, marking a firm...
UK Data Weakness Puts Pound Under Pressure
The British Pound has been back in focus today given the rather packed data schedule we’ve seen across the European morning, including several economic releases and BOE governor Andrew Bailey...
UK Redundancies Hit Record Highs
Unemployment Rate Rises AgainThe latest economic data from the UK this week showed that the unemployment rate continued to rise in the three months to September. The unemployment rate hit 4.8% over...
BOE To Ease Amidst Fresh UK Lockdown
All Eyes on The BOEExpectations of further monetary policy easing from the Bank of England have ballooned in the wake of the new UK lockdown. The PM announced over the weekend that the country will be...
The Friday Forex Takeaway - Episode 60
Key Points From This WeekFresh Lockdowns in EuropeIn response to soaring numbers of new infections and rising death tolls across many nations in the eurozone, we have seen governments announcing new...
BOE Preparing To Use Negative Rates?
BOE Moving Closer To Negative Rates There has been much speculation over recent months regarding the prospect of negative rates in the UK. The BOE has hinted at their use, discussed openly the...
GBP Rallies With UK CPI Rising Faster Than Expected
CPI Rises Again in JulyThe British Pound has seen fresh buying pressure this week in response to the latest UK economic data released today. The Office for National Statistics reported that UK CPI...
GBP Stalls Following Mixed Data
UK GDP Crashes in Q2It hasn’t been a great week for GBP bulls. Following the largest employment decline since 2009, reported yesterday, Q2 GDP today has confirmed a technical recession in the UK. The...
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