GBP looks to extend its recovery against EUR amidst an easing of pressures in UK bond markets and ongoing weakness in the Euro-Dollar exchange rate.
September 29,2022
In an attempt to calm UK gilt markets, and a bruised Pound Sterling, Pill said the central bank was prepared to deliver a "significant policy response".
September 28,2022
The Pound to Euro rate has sustained heavy losses in recent trade but could fall further this week in search of a new equilibrium from which Sterling assets are able to offer the UK's would-be economic sponsors a sufficient risk-adjusted return, although the author suspects that it's unlikely to fall any further than 1.07.
September 26,2022
Bank of England to hike rates again Thursday, but will gift GBP a one-way ticket lower say analysts at Barclays.
September 22,2022
The Pound to Euro exchange rate has notched up a seven week run of losses but could fall much further this week and potentially to all-time lows if the market takes fright at a possible Thursday monetary policy decision by the Bank of England (BoE) to lift Bank Rate significantly.
September 21,2022
Pound Sterling is set to complete a third successive weekly decline against the Euro.
September 16,2022
Gas prices are forecast to ease through the winter according to Goldman Sachs, a view if correct should ease downside pressure on the Euro.
September 13,2022
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