The British Pound will lose value to the Euro and Dollar over the duration of 2023 says J. Safra Sarasin, a private Swiss bank, in a year-ahead research briefing.

January 4,2023

There was a strong bid for the Dollar at the start of the first London session of 2023, with both the Euro and British Pound losing ground by an equal measure.

January 3,2023

Pound Sterling ebbed against many counterparts in the final session of a tumultuous year, leaving it trailing behind a solid majority of major currencies for 2022 while the U.S. Dollar and the Swiss Franc both remained top dogs for the period. 

December 30,2022

The Pound was an underperformer in the final week of the year but it also appeared to benefit when a stubborn bid kept it buoyant above 1.20 against the Dollar and roughly 1.13 relative to the Euro, suggesting some in the market may perceive Sterling as offering value around those levels.

December 30,2022

British politics are prominent among reasons for why the national finances have deteriorated throughout much of the new Millenium but with inflation at generational highs and interest rates rising, electoral considerations may now be posing an existential risk to Pound Sterling.  

December 28,2022

GBP's bout of weakness threatens to extend through the final trading sessions of 2022 as traders look ahead to what economists across the spectrum say will be another difficult year for the UK.

December 28,2022