GBP was on Wednesday close to reclaiming overnight losses that followed comments from Bank of England governor Andrew Bailey that support for UK pension firms and long-term gilt markets would be withdrawn on Friday.

October 14,2022

Andrew Bailey

The British Pound fell sharply late in U.S. trade after Bank of England Governor Andrew Bailey said the Bank would end its emergency support to pension companies on Friday, as planned.

October 11,2022

Uk markets under pressure

GBP under pressure as BoE announces fresh emergency measures.

October 14,2022

Exchange rate forecasts Global Reach

Global Reach Group have released their latest pack of key Pound Sterling forecasts covering the remainder of 2022 and the first three quarters of 2023.

October 10,2022

BoE

GBP continues to struggle in a dour global market environment but a disorderly retest of recent all-time lows is unlikely as the Bank of England sends a message to investors that it is vigilant to financial market stresses.

October 10,2022

Pound Sterling today

GBP could be on course to register a weekly loss against EUR and USD if today's all-important non-farm payroll data release comes out stronger than expected.

October 7,2022

UK economy and the Pound

The cost of living crisis meets a cost of borrowing crisis, leaving the British Pound exposed to deeper losses against the Euro and Dollar say economists.

October 6,2022

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