
Market Report – 06/08/18
GBP – Sterling struggles after rate hike Last week, the Bank of England raised interest rates to 0.75% from 0.5%. The BoE also slightly increased its inflation forecast. The committee
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 struggles after rate hike Last week, the Bank of England raised interest rates to 0.75% from 0.5%. The BoE also slightly increased its inflation forecast. The committee
GBP – BoE rate hike expected In a busy week in the UK, the Bank of England will decide on an interest rate hike in addition to providing updated economic
GBP – Sterling slides on weak data It was a challenging week for UK data and politics as sterling slides to recent lows against the dollar and euro. The
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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