Is the BoE Right to Be Sceptical on a Digital Pound?
The heated debate about introducing a central bank digital currency (CBDC) in the western world continues with fervor in 2023. Whilst many nations see great potential in digital fiat, several remain hostile or at least indifferent. Despite the UK being touted as being more crypto-friendly since the premiership of Rishi Sunak began, all may not […]
Pound Bid After Core Inflation Beat, 50bps Secured?
POUND STERLING ANALYSIS TALKING POINTS UK CPI revealed sticky inflation in the region bolstering pound bets. BoE likely to stick to 0.5% in February meeting in what would be their 10th consecutive rate hike! Golden cross unfolding in textbook fashion, how long can it last? Recommended by Warren Venketas Get Your Free GBP Forecast GBP […]
British Pound Latest – GBP/USD Pushes Higher on UK Jobs Data
GBP/USD – Prices, Charts, and Analysis UK wages are robust but inflation means consumers are worse off. Sterling picks up a bid post-release. Recommended by Nick Cawley Download our new Q1 British Pound forecast The latest UK Labour Market Report will give the Bank of England (BoE) something to ponder ahead of its February 2 […]
BoE sceptical over digital pound as euro zone backs work on digital euro By Reuters
2/2 © Reuters. FILE PHOTO: A general view shows the Bank of England building, in London, Britain November 3, 2022. REUTERS/Toby Melville 2/2 By Huw Jones LONDON (Reuters) – Bank of England Governor Andrew Bailey questioned the need for a digital pound on Monday just as euro zone finance ministers backed further preparatory work on […]
HFM’s Outlook 2023: UK and the Pound
UK and the Pound – 2023 Outlook This year is expected to be exceptionally challenging for the UK and its economy, with the recovery from the pandemic being overshadowed by a cost of living crisis with low consumer and business confidence, extensive strikes and continuing uncertainty over the war in Ukraine. UK Inflation soared to […]
Pound will choose a rival. Forecast as of 12.01.2023
2023-01-12 2023-01-12 Pound will choose a rival. Forecast as of 12.01.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The pound is not the best performer in the new year, but it is neither an outsider. A breakthrough in the talks on Northern Ireland and the BoE’s hawkish stance support the GBPUSD. Let us discuss the Forex outlook and make up […]
Positive developments for the Pound, more of this as the year unfolds– MUFG
In the view of economists at MUFG Bank, we may have reached “peak pessimism” for the UK and the Pound. Therefore, the outlook in 2023 is somewhat brighter. Positive developments emerging “Much greater political stability this year than last is one factor here and we can very likely assume that PM Sunak will bring greater […]
Dow Jones, S&P 500, US Dollar, Gold, British Pound, US CPI
Recommended by Daniel Dubrovsky Get Your Free USD Forecast Global market sentiment improved to start off the first week of 2023. On Wall Street, the Dow Jones, S&P 500 and Nasdaq 100 rallied 1.23%, 1.19% and 0.87%, respectively. Across the Atlantic, the FTSE 100 and DAX 40 gained 2.49% and 4.93%, respectively. Meanwhile, in the […]