Pound pushes higher

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 borrowing well below target

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

Hunt budget

Financial markets approved of the UK's Autumn Statement which promised a return to fiscal credibility, but the British Pound is proving increasingly reactive to global investor sentiment which should determine near-term direction.

November 18,2022

Hunt Autumn Statement

GBP and UK bond markets were steady as the UK government's Treasury department laid out plans to ensure the country's finances remained in good shape.

November 18,2022

Autumn statement

A credible Autumn Statement from Chancellor Jeremy Hunt could result in a stronger British Pound.

November 17,2022

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