Pound under pressure

"Looked at through the most meaningful measures, it is clear that the current level of GBP is not an impediment to further significant falls" - RBC Capital.

September 16,2022

Pound Sterling

For GBP to remain supported the Bank might have to raise its basic interest rate to as high as 5% during this cycle according to new research.

September 16,2022

Uk inflation

GBP was softer after it was reported headline UK CPI inflation was lower in August than in July, suggesting the peak in price rises might have now passed.

September 16,2022

UK jobs data was on balance supportive for the Pound, with the currency rising against the Euro, Dollar and most other major currencies in the wake of the release.

September 13,2022

GBP and Bank of England

Next week's Bank of England interest rate decision poses the biggest near-term risk to Pound Sterling say analysts at two leading investment banks.

September 14,2022

UK economy

The British Pound was soft at the start of a new week following the release of domestic GDP data that showed July's economic rebound was softer than expected.

September 14,2022

A better year-end awaits the British Pound after inflation-busting measures are announced.

September 16,2022

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