Pound extends recovery against Euro & Dollar, UK consumer confidence at 18-month peak.

July 31,2023

The British Pound is under pressure and has lost its crown as 2023's best-performing major currency after it was revealed last week that UK inflation rates had fallen substantially in June and the coming week could see these losses reverse, or accelerate.

July 31,2023

The British Pound could find some near-term direction from UK retail sales, out shortly at 7AM BST, but any moves will likely be faded as the broader readjustment in the wake of Wednesday's inflation data surprise continues to play out.

July 25,2023

Good news for households and businesses as UK inflation came in well below expectation in June, but for the British Pound the slowdown in price rises could spell weakness.

July 19,2023

Pound Sterling is very much a Developed Market currency according to a new research note from the FX research team at investment bank Nomura.

November 15,2023

As is often the case ahead of potentially major market-moving events, traders opted to cut back exposure to the British Pound in the lead-up to the midweek UK inflation release.

July 18,2023