Prime Minister Boris Johnson has laid out the government's roadmap out of lockdown that shows a return to normality is only likely in June, but economists have said the cautious approach will still put the economy on course for a strong rebound.
February 23,2021
The British Pound holds onto its 2021 gains after the Prime Minister Boris Johnson revealed a roadmap out of lockdown that could see the country back to normal by mid-year, provided the covid-19 pandemic is quashed by the country's vaccination programme.
February 22,2021
"We think that the UK government would err on the side of caution with regards to exiting the lockdown, and this much could disappoint the GBP bulls," says Valentin Marinov, Head of G10 FX Strategy at Crédit Agricole.
February 22,2021
The British Pound rallied and put in another strong performance and advanced against all major peers in the past week, but concerns over a slow exit from lockdown in the UK pose one potential risk on the horizon.
February 20,2021
The Pound notched up further gains over all major counterparts except higher-yielding commodity currencies Friday as a solid week draws to a close, although earlier price action suggests that Sterling and the Euro may also now be positioned to act as something like safe-havens during periods of rough weather in the markets.
February 19,2021
Pound Sterling can advance further against the Swedish Krona, forecast foreign exchange analysts at Swedish lender Handelsbanken.
February 19,2021
The Pound surged against all major counterparts Thursday, extending its 2021 lead in a somewhat mysterious outperformance of not only other currencies but also the market consensus, as it emerges that Sterling has benefited from an accelerating interest among "real money" buyers.
February 18,2021
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