The British Pound held its Thursday gains against the Dollar, Euro and other major currencies following the release of UK GDP data on Friday that showed the UK economy shrunk 0.6% in September.
November 11,2022
GBP slides on global factors, U.S. inflation key event today.
November 10,2022
The British Pound is recovering against the Euro, Dollar and other major currencies as it takes cues from supportive global factors, however analysts say the domestic picture remains challenging and gains should therefore prove relatively short-lived.
November 8,2022
The Pound was languishing at the bottom of the major currency barrel ahead of the weekend after the Bank of England (BoE) suggested markets were mistaken to expect Bank Rate to rise much from November's newly-increased level.
November 4,2022
Bank of England triggers GBP selloff and signs point to November being a month of decline for the UK currency.
November 4,2022
Another Bank of England decision and another pummelling for the Pound.
November 3,2022
The Bank of England has consistently undershot market expectations in 2022, the risk for the Pound is that we see a 50bp hike at today's meeting.
November 3,2022
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