Pound Sterling ebbed against many counterparts in the final session of a tumultuous year, leaving it trailing behind a solid majority of major currencies for 2022 while the U.S. Dollar and the Swiss Franc both remained top dogs for the period.
December 30,2022
The Pound was an underperformer in the final week of the year but it also appeared to benefit when a stubborn bid kept it buoyant above 1.20 against the Dollar and roughly 1.13 relative to the Euro, suggesting some in the market may perceive Sterling as offering value around those levels.
December 30,2022
British politics are prominent among reasons for why the national finances have deteriorated throughout much of the new Millenium but with inflation at generational highs and interest rates rising, electoral considerations may now be posing an existential risk to Pound Sterling.
December 28,2022
Pound Sterling beat a retreat from the Euro, Dollar, and other currencies ahead of the festive holiday but could be choppy and may even fall further going into the end of a year in which further ruptures and conflicts between countries and peoples have seen questions asked about the soul of money itself.
December 23,2022
The British Pound is experiencing notable selling pressure in midweek trade, despite a dearth of news to affix the moves to.
December 21,2022
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