Pound Sterling underperformed many major counterparts during the first half of the year overall and these losses may be a symptom of underperformance by the UK economy, according to Bank of England Governor (BoE) Andrew Bailey.  

June 30,2022

Uk trade data

The UK's current account deficit has long been an 'achilles heal' for the British Pound, and new data shows it has surged in size.

June 30,2022

Pound exchange rates

The British Pound's relentless slide against the Dollar, Euro and other major currencies continues amidst overwhelming investor negativity towards the UK economy.

July 13,2022

Pound Sterling sustained widespread losses earlier this week and there were strong indications, if not evidence that the breadth and depth of its declines resulted from an apparently successful attempt by the Swiss National Bank (SNB) to defend Switzerland’s Franc from a rampantly strong U.S. Dollar.

June 29,2022

Barclays Bank logo

The British Pound has not reached a bottom according to new research from UK high-street lender and international investment bank Barclays.

June 28,2022

Pound to Krona

Foreign exchange strategists at RBC Capital markets are expecting the Pound to suffer near-term losses against the Swedish Krona.

June 27,2022

Retail sales

UK retail sales fell in May as consumers felt the strain of rising prices, denying the British Pound a much needed boost ahead of the weekend.

June 24,2022

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