The Pound has turned a corner against the Dollar but is still likely to underperform the Swiss Franc and Euro as one year turns to another, according to strategists at Nomura, who've recently booked profits on a bet against GBP/USD but now advocate that clients bet on further losses for GBP/CHF.
November 23,2022
UK government borrowing figures came in well below expectations on Tuesday, and this will further aid sentiment towards the British Pound say analysts.
November 22,2022
Sterling embarking onto a bumpy road through 2023, energy prices & inflation drive underperformances.
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November 22,2022
Financial markets approved of the UK's Autumn Statement which promised a return to fiscal credibility, but the British Pound is proving increasingly reactive to global investor sentiment which should determine near-term direction.
November 18,2022
GBP and UK bond markets were steady as the UK government's Treasury department laid out plans to ensure the country's finances remained in good shape.
November 18,2022
A credible Autumn Statement from Chancellor Jeremy Hunt could result in a stronger British Pound.
November 17,2022
GBP fell following some hotter-than-expected UK inflation data that suggested the Bank of England could not yet afford to quit its interest rate hiking cycle.
November 16,2022
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