
Will the Pound Recover From Its 2021 Low?
The Pound sterling dropped on Wednesday in the wake of developments in U.K. public health and monetary policy; will its Thursday morning recovery continue?
The Pound sterling dropped on Wednesday in the wake of developments in U.K. public health and monetary policy; will its Thursday morning recovery continue?
The Bank of England will decide on Thursday whether to raise interest rates in a policy decision that is considered the most elusive to predict in years, with policymakers split over a lack of data to help form an intelligent opinion.
UK economic growth has been impeded by supply chain trouble and inflation. Therefore, the UK economy kept its interest rates unchanged today. How long will the bank be able to ignore rising inflation?
Traders may keep a watchful eye on this week's GDP, earnings, and unemployment rate releases. Some market watchers might prepare for any potential trading opportunities these upcoming news events may bring. Here is what to expect in the markets this week.
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