Just as the market was focussing on the New Prime Minister Liz Truss, the Bank of England enters the scene and hammers an already fragile Pound.
September 8,2022
GBP supported on reports of incoming support for households, but some analysts warn they see further weakness.
September 7,2022
GBP has had a torrid 2022 but could find redemption in the final months of the year if the new prime minister is able to deliver a compelling set of measures to ease the cost of living crisis.
September 6,2022
Gas prices rose Monday following Friday's announcement by Gazprom it would not restart the supply of Russian gas to European markets.
September 5,2022
The UK economy is hard-wired to weaken its currency over the long-term, according to new analysis conducted by HSBC.
September 3,2022
Capital Economics release dire predictions: this will be GBP's biggest crisis to date.
September 2,2022
The British Pound suffer its worst monthly performance against the Dollar since the fallout from the Brexit referendum of 2016 as a consequence of extreme negative investor sentiment towards the UK, something the new Prime Minister must address.
September 1,2022
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