GBP/USD: Growth concerns will temper Pound gains – MUFG GBPUSD BOE Inflation CPI Banks
Another UK CPI upside surprise points to a possible 50 bps hike by BoE
Our call for tomorrow was 25 bps but we lean slightly more in favour of 50 bps now given this terrible inflation print. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GBP/USD set to move closer to the 1.30 level this year – MUFGGBP bullish trend remains firmly in place but not without downside risks in week ahead, economists at MUFG Bank report. A weaker UK CPI and push back
Read more »
12 Best Pound-For-Pound Boxers In Sports Movies, RankedFrom Rocky to Southpaw, cinema has a massive world of boxers, and here are the 12 best pound-for-pound boxers throughout movie history.
Read more »
GBP/USD: Further gains on the cards above 1.2700 – UOBGBP/USD could still revisit 1.2900 as long as it keeps the trade above the 1.2700 yardstick, suggest UOB Group’s Markets Strategist Quek Ser Leang and
Read more »
Forex Today: Asian Stocks Lower as Chinese Stimulus Hopes FaChinese Stimulus Looking Unlikely; USD/JPY, GBP/USD in Strong Trends; Stocks Weaken in Asia
Read more »
GBP/USD: Minor dips should remain well-supported – ScotiabankEconomists at Scotiabank analyze GBP outlook. EUR/GBP to see a further fall towards support around 0.8450 Sterling gains have steadied versus the USD,
Read more »
GBP/USD Price forecast: BoE Eyes UK CPI Ahead of Rate DecisionGBP/USD holds steady going into a data heavy week with the recent pound rally looking to be slowing.
Read more »