The prospect of a stronger ending to 2022 for the British Pound came a step closer following news the UK government would cap annual UK gas prices at £2500 for the next two years.
September 16,2022
"The consequences for GBP would be disastrous in this darker scenario, with levels like parity for GBPUSD up for discussion" - Credit Suisse.
September 8,2022
Just as the market was focussing on the New Prime Minister Liz Truss, the Bank of England enters the scene and hammers an already fragile Pound.
September 8,2022
GBP supported on reports of incoming support for households, but some analysts warn they see further weakness.
September 7,2022
GBP has had a torrid 2022 but could find redemption in the final months of the year if the new prime minister is able to deliver a compelling set of measures to ease the cost of living crisis.
September 6,2022
Gas prices rose Monday following Friday's announcement by Gazprom it would not restart the supply of Russian gas to European markets.
September 5,2022
The UK economy is hard-wired to weaken its currency over the long-term, according to new analysis conducted by HSBC.
September 3,2022
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