The British Pound is experiencing notable selling pressure in midweek trade, despite a dearth of news to affix the moves to.
December 21,2022
"We think a bullish scenario for the UK (and its currency) could come as a surprise to many in 2023" - Morgan Stanley.
January 10,2023
The British Pound tracked a global market selloff lower after a surprisingly hawkish European Central Bank policy decision rattled investors.
December 19,2022
The British Pound sold off in the wake of the Bank of England's decision to hike interest rates by 50 basis points, thereby maintaining what is becoming a standard response in the current cycle.
December 15,2022
In an unusual twist, the British Pound could benefit from a bearish Bank of England.
December 19,2022
UK CPI inflation came in below analyst estimates when released mid-week, resulting in a softer Pound Sterling.
December 14,2022
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