Bank of England Rate Decision: Implications of Rising Sales and Monetary Policy Observers in the United Kingdom are likely to welcome a limited data calendar and moderate movements in the pound sterling, as expectations build around the upcoming rate decision from the…

UK Local Elections: Results and Their Impact on the Pound Although the United Kingdom will have to wait until next week to learn the Bank of England’s decision and see whether it chooses to follow in the footsteps of its peers, the Federal Reserve and the European Central Bank,…

Last Friday, the single currency posted a slight rise following the release of the ISM services data, closing the week nearly one percentage point above last Monday’s lows. This morning, after the hawkish comments from ECB officials during the…