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The British Pound is recovering against the Euro, Dollar and other major currencies as it takes cues from supportive global factors, however analysts say the domestic picture remains challenging and gains should therefore prove relatively short-lived.
November 8,2022
The Pound was languishing at the bottom of the major currency barrel ahead of the weekend after the Bank of England (BoE) suggested markets were mistaken to expect Bank Rate to rise much from November's newly-increased level.
November 4,2022
Bank of England triggers GBP selloff and signs point to November being a month of decline for the UK currency.
November 4,2022
Another Bank of England decision and another pummelling for the Pound.
November 3,2022
The Bank of England has consistently undershot market expectations in 2022, the risk for the Pound is that we see a 50bp hike at today's meeting.
November 3,2022
The British Pound is near a long-term base says the UK's largest bank, HSBC.
November 2,2022
Analysis of positioning data shows hedge funds have raised bets for a recovery in the British Pound, while asset managers have reduced their 'shorts' against the currency.
November 1,2022
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