BRL/CLP Price & Performance (BRLCLP)

The British Pound gained ground against the Canadian Dollar last week, buoyed by the Bank of England's hawkish forward guidance. While the BoE kept rates steady, its cautious approach to policy adjustments supported Sterling. Meanwhile, upcoming UK economic data and Canada's GDP release on Friday could drive further exchange rate changes.1

The Pound surged against the New Zealand Dollar last week, supported by the Bank of England's rate decision and hawkish tone. In contrast, the Kiwi struggled despite positive GDP figures, weighed down by broader market conditions. This week, UK economic indicators and New Zealand's consumer confidence data are key to watch.2

The Pound rallied against the Australian Dollar last week after the Bank of England's decision to maintain rates and issue hawkish guidance. The Australian Dollar faced pressure from weak employment figures. This week, inflation data from both the UK and Australia could influence the GBP/AUD exchange rate.3