GBP is near multi-decade lows and the risk of a major decline is limited, says NatWest Markets as it assesses the currency's prospects for 2023.
December 1,2022
The Pound to Dollar exchange rate has reversed more than one half of this year's decline but will now run the risk of a corrective setback that could pull it toward 1.20 or perhaps even back below there over the coming days.
November 28,2022
November 23,2022
November 21,2022
The Pound has rallied to a new three-month best against the Dollar as the major unwind of the U.S. currency sparked by last week's U.S. inflation data release extends.
November 15,2022
November 15,2022
USD could be in the final phase of its multi-month rally according to analysts at Capital Economics, although they warn it is still too soon to prepare for the Greenback to roll over and turn trend.
November 9,2022
The Pound to Dollar rate has rebounded sharply from earlier losses and may attempt to recover further in the days ahead but it could also be at risk of unravelling again if this Thursday's inflation data provides an endorsement of the Federal Reserve's (Fed) ever more hawkish interest rate stance.
November 7,2022
"Better, but not good," is how Goldman Sachs analyst Michael Cahill describes the British Pound's prospects in the wake of Rishi Sunak's anointment as Prime Minister.
November 1,2022
The Pound to Dollar rate has regained the ground lost in September but its recovery could lose momentum this week or potentially even stall entirely due to uncertainty about the outcome and implications of forthcoming interest rate decisions from the Federal Reserve (Fed) and Bank of England (BoE).
November 1,2022
The Pound to Dollar exchange rate has rallied strongly in recent trade and may rise further in the short-term but will run the risk of a setback as the week goes on when forthcoming economic data is likely to see attention return to the increasingly divergent prospects of the UK and U.S. economies.
October 24,2022
Foreign exchange analysts at BMO Capital say the near-term outlook for the Pound has improved considerably and further gains are possible if the UK leadership is changed in the next two weeks.
October 18,2022
The Pound to Dollar exchange rate has rebounded sharply in recent trade but could need a setback for the Dollar to rise further this week and partly because Sterling faces risks associated with the prospect of another Prime Minister being ousted from office in the Banana Republic of Westminister.
October 17,2022
Foreign exchange strategists at Nomura are as sure as they possibly can be that the Pound to Dollar exchange rate is on course for a substantial decline that takes it below parity.
October 13,2022
Goldman Sachs says a recent rebound in GBP is partly a result of the disruptions in UK pension plans which has led to some significant, but temporary, repatriation back to the UK in order to raise capital.
October 14,2022
Global Reach Group have released their latest pack of key Pound Sterling forecasts covering the remainder of 2022 and the first three quarters of 2023.
October 10,2022
The Pound to Dollar rate has drawn a line under its late September losses and could now look to cement its grip on the recently recovered 1.10 level this week but will be sensitive along the way to the trajectory of the Renminbi and a series of important economic data releases from the UK and U.S.
October 10,2022
The cost of living crisis meets a cost of borrowing crisis, leaving the British Pound exposed to deeper losses against the Euro and Dollar say economists.
October 6,2022
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