British pound boosted by resilient economy and Labour election landslide
Pound hits highest level against dollar since July 2023 as chances of August interest rate cut recede
Calm in Britain’s financial markets following Labour victory contrasts with turmoil elsewhere in Europe
Pound has been boosted by expectations BoE will lower borrowing costs later than ECB
Investors raise short positions to 16-month high as conviction grows that UK borrowing costs will fall ahead of US
There are signs that sterling is set to embark on an upward trend after several years in the doldrums
Pound is only big developed world currency to rise against US dollar this year
Proposed design for digital pound makes it a product without an obvious market
Cable doesn’t quite fit with other G10 currency trades
Overseas investors purchase British pound at fastest clip since the summer
The pound still looks vulnerable
Yield on short-term British government debt falls to lowest level since June
‘Is the pound the UK’s economic release valve?’ and several other questions, somewhat answered
British pound declines as traders shift interest rate expectations
Sterling surge helps cut local out-of-pocket bills
Economists expected higher oil prices to push up inflation
Pound out of ground
Eureka, rotated diagonal gridlines!
Giving UK assets a welfare check
Expectations of higher interest rates push UK two-year borrowing costs to 15-year high
Sterling suffers biggest one-day fall against the dollar in a month following UK growth fears
Following aggressive Bank of England rate rise, swaps markets predict borrowing costs will hit 6.25% in February
Pound gives up early gains as investors worry about recession after bigger-than-expected 0.5 percentage point increase
Learning how to cope with gilts
GDP and labour data add to pressure on Bank of England with US Fed set to pause tightening
