Sterling weakens despite rate expectations – higher for longer
GBP – Sterling weakens despite rate expectations Following the rate hike by the Bank of England, markets anticipate Bank Rate at 6% by the year-end. Despite the expectations for rates
Currency exchange rates are affected by a multitude of factors happening all over the world, from economic releases and political announcements to law changes and scandals. We publish the latest news, insight, articles and guides to help keep you up to date and stay informed when making payments overseas.
GBP – Sterling weakens despite rate expectations Following the rate hike by the Bank of England, markets anticipate Bank Rate at 6% by the year-end. Despite the expectations for rates
GBP – BoE hike 0.5% to 5%, with expectations of 6% this year Markets were fully expecting a rise in interest rates from the Bank of England last week. However,
GBP – Sterling hits 14-month high as BoE expected to hike again This week, attention will be on sterling with the Bank of England rate decision on Thursday. Pretty much
The last few years have brought more than their fair share of political and economic surprises and their impact on currency markets has been substantial. And it seems each new year looks to be equally interesting.
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