Bank of England (BoE) news

The Bank of England (BoE) is the central bank of the United Kingdom. Its primary objective is to maintain price stability, targeting a 2% inflation rate. The BoE uses interest rate adjustments and quantitative easing to influence the economy and achieve its inflation target. It also plays a key role in ensuring financial stability in the UK.

GBP/USD Update: GBPUSD Rises with Key Resistance Levels Ahead

GBP/USD sees recovery, testing resistance levels after a dip. Stronger UK inflation and labor data support fewer rate cuts, but market expectations remain for easing. Technical analysis indicates key resistance points and potential scenarios for the pair.

18-07-2025 13:11 GMT by Zain Vawda

UK employment,wage growth falls, US retail sales shine

In the UK, the labor market is showing cracks as payroll employees and wage growth fell, while the unemployment rate rose. US retail sales surprised on the upside, with a gain of 0.6%. This easily beat the consensus of 0.1% and follows two consecutive declines.

17-07-2025 15:10 GMT by Kenneth Fisher