16 July 2023 Pound Sterling Faces "Crucial Test" on Inflation Release

The British Pound will this week encounter another key economic release in the form of CPI inflation for June which will determine whether the Bank of England will deliver a second consecutive 50 bโ€ฆ

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14 July 2023 U.S. Fed Eases Global Financial Conditions

Pound Sterling remained the outperformer among major currencies for the year in the final session of the week but the rally is at risk of inviting increased prices of imported goods with potential โ€ฆ

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11 July 2023 UK Jobs Report: Pound Sterling Rises Against Euro, Hits New 2023 Best Against Dollar

Pound to Euro rate rises to 1.17 in the immediate aftermath of the UK labour market release while the Pound to Dollar exchange rate goes to a new 2023 best at 1.2899.

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10 July 2023 Pound Sterling Rally to be Challenged by Looming Job and Wage Report

The British Pound remains 2023's top-performing currency but the first major test of July comes into view in the form of Tuesday's UK labour market release.

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07 July 2023 Pound Sterling's Current Account Headache Fades, Offering a Backstop of Support

The risks of a precipitous decline in the value of the British Pound from here are greatly reduced by an improvement in the UK's balance of payment fundamentals with the rest of the world, an outcoโ€ฆ

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05 July 2023 Investors Most Bullish on Pound Since Pre-Brexit Vote, But One Investment Bank Forecasts Upcoming Weakness against Euro and Dollar

Speculative investors are the most bullish on Pound Sterling since times predating the value-shattering Brexit vote according to the largest snapshot of sentiment prevailing in the foreign exchangeโ€ฆ

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04 July 2023 Pound Sterling in Solid Advance, Can Extend Outperformance into July says Barclays, Goldman Sachs

In a new short-term currency outlook note, Barclays highlights the Pound's carry advantage and its correlation with resilient demand and tight labour markets. However, NatWest Markets is cautious.

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