2026-08-17
The British pound traded marginally higher against the US dollar on Monday, as market participants positioned ahead of a busy week of UK.
The British pound traded marginally higher against the US dollar on Monday, as market participants positioned ahead of a busy week of UK.
TD Securities expects upcoming UK labour market data to reinforce the Bank of England’s (BoE) decision to hold interest rates steady, providing support.
The Bank of England is closely monitoring upcoming UK inflation and labour market data as it maintains a cautious approach to future interest.
The British pound enters a data-heavy week that could prompt a repricing of Bank of England policy expectations, according to a note from.
The GBP/USD currency pair remained largely flat in early trading on Monday, as investors held positions ahead of the release of the latest.
The United Kingdom’s Gross Domestic Product (GDP) rose by 0.6% quarter-on-quarter in the second quarter of 2024, surpassing market forecasts of 0.4%, according.
UK manufacturing production contracted by 0.5% month-on-month in June, according to official data released today, falling short of the 0.2% decline economists had.
UK manufacturing production grew by just 0.5% in June compared with the same month last year, falling short of the 1.2% growth forecast.
TD Securities has revised its UK inflation outlook, flagging that risks are now tilted to the upside, a shift that could complicate the.
The British pound found support as recent UK economic data reinforced the case for Bank of England (BoE) policymakers who favor keeping interest.