The British Pound was supported near recent highs against the Dollar but remains under pressure against a resurgent Euro as the first major UK data release of 2023 beats expectations.
January 18,2023
Incoming results from major UK retailers suggest the UK economy might be doing better than economists had expected.
January 12,2023
Peak pessimism towards the British Pound may be close to passing says a year-ahead research publication from MUFG, the global investment bank and lender.
January 11,2023
Falling stock markets are weighing on the British Pound with analysts saying an ongoing debate over U.S. interest rates appears to be behind the moves.
January 10,2023
A strong stock market rebound following some disappointing U.S. data has offered the British Pound a welcome bid towards the end of what has been a punishing week.
January 6,2023
Stocks, bonds and the Pound fell after ADP reported private payrolls in the U.S. rose by 235K in December which is notably higher than the 152K investors were expecting.
January 6,2023
HSBC predicts GBP & EUR to turn tables on GBP in 2023.
January 5,2023
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