UK labour market economy

GBP was higher following reports UK wages came in stronger-than-expected in the UK's latest set of labour market statistics, but there are clear signs the market is cooling as the unemployment rate rose.

November 15,2022

UK GDP

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

Pound in the red

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

Bailey at lectern

Bank of England triggers GBP selloff and signs point to November being a month of decline for the UK currency.

November 4,2022

Bank of England's Andrew Bailey

Another Bank of England decision and another pummelling for the Pound.

November 3,2022

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