The British Pound looked to defend a weekly advance against the Euro and Dollar as it was revealed the UK economy shrank by more than expected in December.
February 10,2023
The risk-sensitive British Pound was an outperformer on global currency markets after U.S. data came in softer than expected, keeping alive market expectations for an ultimate end to the Federal Reserve's rate hiking cycle.
February 9,2023
The British Pound held onto a recent recovery as some of the 'big-hitters' Bank of England's Monetary Policy Committee (MPC) steered markets towards another rate hike in March as they warned risks to UK inflation were pointed higher.
February 9,2023
GBP/EUR finding support amidst EUR/USD selloff, GBP/USD under pressure amidst USD comeback, NIESR forecasts show UK to avoid meaningful recession.
February 8,2023
GBP came under significant pressure against the EUR and USD ahead of the weekend following the release of surprisingly strong U.S. Data.
February 6,2023
The British Pound was the biggest loser on a day of intense central bank action and some analysts say the UK currency's direction of travel is unlikely to flip in the near term.
February 3,2023
The British Pound shot higher before retreating again following the release of the Bank of England's first interest rate decision of 2023 and the release of its latest economic forecasts.
February 16,2023
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