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The British Pound reversed an earlier recovery against the Euro, Dollar and all other major currencies after the Bank of England said it was not prepared to intervene in the currency market.
September 26,2022
Investment bank Goldman Sachs has slashed its forecasts for the British Pound, showing further losses against the Euro are likely and a retest of the recent lows against the Dollar are likely.
September 26,2022
The Bank of England must take the initiative and hike UK interest rates significantly if the decline in the British Pound is to be arrested, says a leading economic research consultancy.
September 26,2022
The British Pound was seen recovering from its lows against the Dollar, Euro and other major currencies as European markets opened for trade.
September 26,2022
The British Pound suffered significant declines during the Monday Asian session that added to Friday's massive selloff, ensuring record lows against the Dollar.
September 26,2022
Negative reaction to Kwarteng's fiscal statement, but Sterling crisis unlikely says Oxford Economics.
September 24,2022
GBP was seen higher against a number of currencies and recovering against the Dollar following a swathe of fiscal changes announced by Chancellor Kwasi Kwarteng.
October 5,2022
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