United Kingdom BoE Monetary Policy Report
Forex Sentiment (GBP)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| GBPUSD |
|
|
1.2611 -103 pips |
1.2743 -29 pips |
1.27137 | |
| GBPJPY |
|
|
191.2852 -729 pips |
196.6960 +188 pips |
198.579 | |
| EURGBP |
|
|
0.8548 +2 pips |
0.8582 -36 pips |
0.85458 | |
| GBPCAD |
|
|
1.7189 -144 pips |
1.7253 +80 pips |
1.73334 | |
| GBPCHF |
|
|
1.1419 -150 pips |
1.1673 -104 pips |
1.15694 | |
| GBPNZD |
|
|
2.0698 -132 pips |
2.0844 -14 pips |
2.08300 | |
| GBPAUD |
|
|
1.8936 -139 pips |
1.9168 -93 pips |
1.90748 | |
| GBPNOK |
|
|
0 -135747 pips |
13.7581 -1834 pips |
13.57468 | |
| GBPSEK |
|
|
13.3110 -2660 pips |
13.6993 -1223 pips |
13.57700 | |
| GBPSGD |
|
|
1.7015 -112 pips |
1.7311 -184 pips |
1.71275 |
News (GBP)
UK Pay Growth Tops Expectations
Average earnings in the U.K. grew better than expected in March and the jobless rate rose slightly, while the fall in employment was less than expected and vacancies continued to decline, giving more evidence of a cooling labor market to Bank of England that is preparing to lower interest rates soon.
RTTNews | 7 days ago
Better Than Expected Q1 Growth Leads UK Out Of Recession
The UK economy ended a technical recession in the first quarter with the economic output growing better than expected and also marked the strongest since late 2021 led by a rebound in the services output and household spending. Gross domestic product grew 0.6 percent from the fourth quarter, when the economy shrunk 0.3 percent, preliminary estimates from the Office for National Statistics showed.
RTTNews | 10 days ago
Bank Of England Moves Closer To Rate Cut
The Bank of England left its key policy rate unchanged for the sixth consecutive meeting and signaled that the first rate cut since 2020 is on the horizon. The Monetary Policy Committee decided to hold the Bank Rate at 5.25 percent again in a split vote. The current bank rate is the highest since early 2008.
RTTNews | 11 days ago
