Pound Sterling built further on strong gains against all comparable currencies on Thursday amid media speculation suggesting that Prime Minster Liz Truzz may be on the cusp of demonstrating the pragmatism that she is reportedly renowned for in relation to September's budget-like spending proposals.
October 13,2022
The British Pound is expected to remain under pressure as markets factor in the scale of the looming economic recession, which analysts say will now hit middle-income households more than poorer households.
October 14,2022
GBP was on Wednesday close to reclaiming overnight losses that followed comments from Bank of England governor Andrew Bailey that support for UK pension firms and long-term gilt markets would be withdrawn on Friday.
October 14,2022
The British Pound fell sharply late in U.S. trade after Bank of England Governor Andrew Bailey said the Bank would end its emergency support to pension companies on Friday, as planned.
October 11,2022
GBP under pressure as BoE announces fresh emergency measures.
October 14,2022
Global Reach Group have released their latest pack of key Pound Sterling forecasts covering the remainder of 2022 and the first three quarters of 2023.
October 10,2022
GBP continues to struggle in a dour global market environment but a disorderly retest of recent all-time lows is unlikely as the Bank of England sends a message to investors that it is vigilant to financial market stresses.
October 10,2022
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