The Pound is suffering a crisis of confidence over inflation argues Jordan Rochester, a strategist with Nomura, saying "GBP is losing its inflation credibility".

September 30,2021

The British Pound decline gathered pace during the midweek session as an earlier stabilisation proved fleeting and sellers took control for a second day, there are however reasons to expect an imminent turnaround.

September 29,2021

The British Pound suffered significant losses in value against all the world's major currencies over the course of the past 24 hours and looks vulnerable heading into the midweek session, as investors fear the UK is headed for a 'winter of discontent'.

September 29,2021

The British Pound was sold against the Euro and Dollar as global investors dumped stocks and high yielding assets in the face of increasing fears that inflation was heading higher for a protracted period amidst a global energy crisis.

September 28,2021

The British Pound could advance recent gains made against all the major currencies, with analysts saying the gains are linked to fears the UK is about to see a surge in inflation levels that outstrips those seen in other markets.

September 28,2021

The Bank of England's Governor Andrew Bailey again warns that interest rates can rise while quantitative easing is still ongoing, a message that introduces the prospect of a rate rise before the end of the year.

September 27,2021