A strong stock market rebound following some disappointing U.S. data has offered the British Pound a welcome bid towards the end of what has been a punishing week.
January 6,2023
Stocks, bonds and the Pound fell after ADP reported private payrolls in the U.S. rose by 235K in December which is notably higher than the 152K investors were expecting.
January 6,2023
HSBC predicts GBP & EUR to turn tables on GBP in 2023.
January 5,2023
The British Pound will lose value to the Euro and Dollar over the duration of 2023 says J. Safra Sarasin, a private Swiss bank, in a year-ahead research briefing.
January 4,2023
There was a strong bid for the Dollar at the start of the first London session of 2023, with both the Euro and British Pound losing ground by an equal measure.
January 3,2023
Pound Sterling ebbed against many counterparts in the final session of a tumultuous year, leaving it trailing behind a solid majority of major currencies for 2022 while the U.S. Dollar and the Swiss Franc both remained top dogs for the period.
December 30,2022
The Pound was an underperformer in the final week of the year but it also appeared to benefit when a stubborn bid kept it buoyant above 1.20 against the Dollar and roughly 1.13 relative to the Euro, suggesting some in the market may perceive Sterling as offering value around those levels.
December 30,2022
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