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UK interest rates, GBP/USD and other key markets with OANDA’s Craig Erlam

UK Investor Magazine

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The Relationship Between the Pound and the Dollar

The Bank of England very much front and centre when you compare them to the Federal Reserve. They've been quite clear what they're doing over in the US, starting to see inflation fall. Whereas it's still up in the air for the UK, it's still all up in theAir for the UK interest rates. For me, at this point in time, I'd say it's the pound that's going to be the predominant driver of this currency pair - unless we see something dramatically shift.

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