Despite a month of selling, the British Pound is unlikely to experience significant weakness going forward according to new research from one of Europe's most prominent investment and commercial banking providers.
September 19,2023
While there have been bumps on the road, the Pound has been one of the strongest performers among major currencies in 2023. Buoyed by a hawkish Bank of England and, at times, decent economic data, GBP has been a clear winner for currency traders.
September 17,2023
The British Pound was under pressure in midweek trade following the release of data that showed an unexpectedly sharp decline in economic growth in July.
September 13,2023
The British Pound moved higher against the Euro and Dollar after UK wage data came in stronger than expected, although signs of rising unemployment means the Bank of England might be able to pause its interest rate hike cycle in the final quarter of the year.
September 12,2023
The British Pound and Euro have reached the "end of the road" according to a new analysis from HSBC as analysts hail the return of the "king dollar".
September 8,2023
A tough day for the British Pound was made tougher by the Bank of England Governor Andrew Bailey who was keen to stress the end of the interest rate hiking cycle was now close at hand.
September 7,2023
Barclays says in a new forecast revision it turns "less hopeful" on the British Pound's prospects, particularly against the Euro, Dollar and Swiss Franc.
September 5,2023
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