FXStreet Forex
12 Jun 2026, 16:48 GMT
HIGH IMPACT
The Pound Sterling turned negative on Friday against the US Dollar after data from the UK showed the economy contracted in April, while an agreement between the US and Iran improved risk appetite. Yet the Greenback erased its earlier losses and traded above its opening price.
FXStreet Forex
12 Jun 2026, 16:03 GMT
HIGH IMPACT
Scotiabank strategists Shaun Osborne and Eric Theoret note that the British Pound (GBP) is consolidating recent gains around 1.3400, with domestic risk elevated ahead of next week’s CPI, labour data and the Bank of England decision.
FXStreet Forex
12 Jun 2026, 15:07 GMT
HIGH IMPACT
TD Securities economists expect the Bank of England (BoE) to keep Bank Rate at 3.75% with a 7-2 vote as Greene joins Pill in calling for a hike. They highlight persistent inflation pressures, upside risks from energy and airfare, and softer demand.
FXStreet Forex
12 Jun 2026, 13:03 GMT
HIGH IMPACT
Nomura’s Global FX Strategy team, including Dominic Bunning and Yusuke Miyairi, argues that a more hawkish ECB path versus the Bank of England should support the Euro against the Pound.
FXStreet Forex
12 Jun 2026, 12:19 GMT
HIGH IMPACT
The British Pound (GBP) maintains a moderately positive tone against the US Dollar (USD) on Friday, as investors’ optimism about a US-Iran peace deal has offset rather uninspiring UK data.
ForexLive
12 Jun 2026, 12:16 GMT
HIGH IMPACT
Rate hikes by year-endRBNZ: 65 bps (76% probability of rate hike at the next meeting)BoJ: 46 bps (90% probability of rate hike at the next meeting)ECB: 37 bps (70% probability of no change at the next meeting)BoE: 35 bps (91% probability of no change at the next meeting)BoC: 24 bps (94% probability of no change at the next meeting)Fed: 18 bps (97% probability of no change at the next meeting)RBA: 12 bps (99% probability of no change at the next meeting)SNB: 8 bps (99% probability of no change at...
FXStreet Forex
12 Jun 2026, 10:16 GMT
MEDIUM IMPACT
Deutsche Bank’s Sanjay Raja expects the Bank of England (BoE) to leave Bank Rate at 3.75% at the June meeting, with a likely 7–2 vote and Huw Pill and Megan Greene backing a hike.
FXStreet Forex
12 Jun 2026, 08:47 GMT
MEDIUM IMPACT
The GBP/JPY cross regains positive traction following the previous day's good two-way price moves and sticks to intraday gains through the first half of the European session on Friday.
FXStreet Forex
12 Jun 2026, 08:44 GMT
MEDIUM IMPACT
The Japanese Yen (JPY) continues to face substantial downside pressure, trading at highly elevated levels against the US Dollar and crossing historical intervention-trigger points.
Investing.com Technical
12 Jun 2026, 07:18 GMT
MEDIUM IMPACT
FXStreet Forex
12 Jun 2026, 02:21 GMT
HIGH IMPACT
Japan’s Finance Minister Satsuki Katayama said on Friday that the Bank of Japan’s (BoJ) monetary policy meeting on June 15-16 will proceed as planned despite Governor Kazuo Ueda’s absence. Ueda is in the hospital with an infected liver cyst.
FXStreet Forex
12 Jun 2026, 00:04 GMT
MEDIUM IMPACT
The Pound Sterling ended Thursday’s session almost flat at around 214.70 as market sentiment fluctuated but ultimately improved after US President Donald Trump cancelled attacks and hinted at a possible deal in place. The GBP/JPY traded with gains of almost 0.04%.
FXStreet Forex
11 Jun 2026, 16:06 GMT
HIGH IMPACT
ING’s Min Joo Kang expects the Bank of Japan to deliver a 25bp rate hike in June, supported by resilient growth, negative real rates and upside inflation risks. Despite soft May inflation, underlying pressures and firm wages justify further normalisation.
FXStreet Forex
11 Jun 2026, 15:25 GMT
HIGH IMPACT
ING’s James Smith highlights a softer UK backdrop than in 2022, with vacancies falling, unemployment rising and wage growth slowing, while firms and workers have limited pricing and bargaining power. He judges that the Bank of England (BoE) is torn between a prolonged pause and a symbolic move.
FXStreet Forex
11 Jun 2026, 08:45 GMT
MEDIUM IMPACT
The GBP/JPY cross turns positive for the fourth straight day following an intraday dip to the 214.35-214.30 region on Thursday and draws support from a combination of factors.
