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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30 June 2023 Pound Sterling's Month-end Washout Ends, Sees Gains against Euro and Dollar

Recent weakness in the British Pound has raised questions about whether it was a result of position wash-out linked to month-end rebalancing in currency markets.

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29 June 2023 Pound Sterling Set for a Long, Deep Decline against Euro and Dollar Says Commerzbank Eyeing Bank of England Credibility Issues

Commerzbank, a leading financial institution, has warned that Pound Sterling is poised for a prolonged and significant decline against both the Euro and the Dollar.

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27 June 2023 Pound Sterling Sees "Aggressive" Surge in Speculative Buying as Sentiment Improves

Speculative traders have significantly increased their bets for Pound Sterling to strengthen amidst a notable shift in sentiment for the better in the UK currency.

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26 June 2023 Pound Sterling Put On a "Firmer Footing" vs. Euro & Dollar Says Goldman Sachs in post-Bank of England Assessment

The British Pound should remain supported says Goldman Sachs in an analysis of the currency's outlook that follows last week's Bank of England's decision to raise interest rates by 50 basis points.โ€ฆ

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