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
British politics are prominent among reasons for why the national finances have deteriorated throughout much of the new Millenium but with inflation at generational highs and interest rates rising, electoral considerations may now be posing an existential risk to Pound Sterling.
December 28,2022
GBP's bout of weakness threatens to extend through the final trading sessions of 2022 as traders look ahead to what economists across the spectrum say will be another difficult year for the UK.
December 28,2022
Pound Sterling beat a retreat from the Euro, Dollar, and other currencies ahead of the festive holiday but could be choppy and may even fall further going into the end of a year in which further ruptures and conflicts between countries and peoples have seen questions asked about the soul of money itself.
December 23,2022
The Pound was carrying losses against many currencies for the week on Friday with some having followed the release of Office for National Statistics (ONS) figures revealing what appeared to be a crisis of confidence in the UK and Sterling last quarter.
December 23,2022
The British Pound is experiencing notable selling pressure in midweek trade, despite a dearth of news to affix the moves to.
December 21,2022
"We think a bullish scenario for the UK (and its currency) could come as a surprise to many in 2023" - Morgan Stanley.
January 10,2023
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