Economists warn that unless the Bank of England is bold and hikes by a large increment of at least 50 basis points the British Pound could fall further.
June 20,2022
GBP sensitivity to broader risk sentiment was on display just hours ahead of a key U.S. Federal Reserve interest rate decision and that of the Bank of England a day later.
June 15,2022
The British Pound has been hammered as international investors lose confidence in the UK economy and the Bank of England's ability to control inflation expectations.
June 15,2022
The Pound came under heavy and widespread pressure on Tuesday as global stock and bond markets took a drubbing while events in Westminster elicited ill founded speculation about the UK and EU trade relationship, whipping up a perfect storm for Sterling assets in the process.
June 14,2022
The British Pound has settled against the Euro and Dollar having registered sharp losses over the course of the past 24 hours, aided by a stabilisation in under-pressure global equity markets and fresh confirmation the UK labour market remains 'tight'.
June 14,2022
GBP starts the new week softer against the Euro and Dollar in the wake of disappointing economic growth data and expectations the UK government will announce changes to the Northern Ireland Protocol, creating the potential for a fresh Brexit dispute with the European Union.
June 13,2022
GBP hit its stride heading into the midweek session recording strong advances against the Dollar, Euro and all other major currencies.
June 8,2022
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