The currency research and strategy team at Goldman Sachs have slashed their forecasts for the Pound as they announced they have "officially shifted back to Sterling bears".
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The British Pound extended a multi-week decline after survey data revealed the UK economy saw a marked slowdown in September that exceeds anything seen since the Covid lockdown period.
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Pound Sterling slumped against the Euro, Dollar and other major currencies after the Bank of England said it had ended its interest rate hiking cycle, believing that inflation was now on course to …
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The Bank of England is increasingly expected to announce a decision to keep interest rates unchanged later today in a decision that could prompt some interesting moves in the British Pound.
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The British Pound fell against the Euro and Dollar following the release of inflation figures that notably undershot expectations and signalled the pressure on the Bank of England to raise interest…
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Despite a month of selling, the British Pound is unlikely to experience significant weakness going forward according to new research from one of Europe's most prominent investment and commercial ba…
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While there have been bumps on the road, the Pound has been one of the strongest performers among major currencies in 2023. Buoyed by a hawkish Bank of England and, at times, decent economic data, …
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