The British Pound could receive a boost if tax cuts are announced by the UK government in the Autumn Statement, which is due to be presented to Parliament on Wednesday.
November 21,2023
The British Pound fell against the Euro, Dollar and other major currencies after UK retail sales volumes fell to levels last seen during the pandemic lockdowns.
November 17,2023
Following years of volatility, the British Pound is looking like its old self again, and it has likely passed its lows, according to a leading analyst who once likened the UK's currency to that of an emerging market.
November 16,2023
The British Pound was softer across the board after UK inflation figures for October came in below analyst expectations and verified market expectations that the Bank of England would be in a position to cut interest rates by the middle part of 2024.
November 17,2023
The British Pound rose against the Euro, Dollar and most other currencies as an initial reaction to surprisingly strong UK wage numbers and news that the UK unemployment rate was unchanged in September.
November 14,2023
A string of UK economic growth figures have roundly beat expectations, but the British Pound has found little comfort and is likely to remain under pressure over the coming days.
November 10,2023
According to an analyst we follow, a "buying thrust" in global equity markets could be underway, and market correlations mean it could just propel the British Pound higher into year-end.
November 9,2023
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