Pound Sterling turnover on two major interbank currency trading platforms rose to three times its typical level during Monday's volatility and has fluctuated at higher than usual levels throughout the week, according to data collected and displayed by Goldman Sachs Marquee.
September 29,2022
The Bank of England will deliver a sizeable interest rate in November as it reacts to the government's new fiscal package and seeks to contain inflation, according to a major investment bank.
September 29,2022
The British Pound was the clear outperformer in the currency space on Thursday, registering gains against all its G10 peers.
September 29,2022
The British Pound saw heightened volatility on an announcement by the Bank of England it would intervene in the bond markets.
September 28,2022
Foreign exchange analysts warn the British Pound could be over 20% overvalued at current levels, implying scope for a further decline.
September 28,2022
A renewed decline in global markets has put fresh pressure on the British Pound and all indications are further losses are likely, potentially resulting in a retest of recent lows.
September 28,2022
The British Pound is undergoing a major adjustment lower that will only end once it has fallen below parity, says a leading economist.
September 27,2022
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