The British Pound ends November on a solid footing against the Dollar and Euro but there is a distinct uncertainty amongst analysts as to how the coming month of December will play out.
November 30,2022
The month-end period is notorious for currency volatility and we are told the end of November favours the Euro against the Pound and Dollar.
November 29,2022
GBP extends a November rally amidst improving global investor sentiment and the easing of domestic fiscal concerns, although there is no shortage of foreign exchange analysts offering warnings the rally won't be sustained.
December 2,2022
Demand for UK government bonds has helped pull the British Pound materially higher over recent hours and with the remainder of the week being a quiet one owing to the U.S. Thanksgiving holiday, gains might stick.
November 24,2022
The Pound has turned a corner against the Dollar but is still likely to underperform the Swiss Franc and Euro as one year turns to another, according to strategists at Nomura, who've recently booked profits on a bet against GBP/USD but now advocate that clients bet on further losses for GBP/CHF.
November 23,2022
UK government borrowing figures came in well below expectations on Tuesday, and this will further aid sentiment towards the British Pound say analysts.
November 22,2022
Sterling embarking onto a bumpy road through 2023, energy prices & inflation drive underperformances.
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November 22,2022
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