GBP's bout of weakness threatens to extend through the final trading sessions of 2022 as traders look ahead to what economists across the spectrum say will be another difficult year for the UK.
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Pound Sterling beat a retreat from the Euro, Dollar, and other currencies ahead of the festive holiday but could be choppy and may even fall further going into the end of a year in which further ru…
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The Pound was carrying losses against many currencies for the week on Friday with some having followed the release of Office for National Statistics (ONS) figures revealing what appeared to be a cris…
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The British Pound is experiencing notable selling pressure in midweek trade, despite a dearth of news to affix the moves to.
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"We think a bullish scenario for the UK (and its currency) could come as a surprise to many in 2023" - Morgan Stanley.
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The British Pound tracked a global market selloff lower after a surprisingly hawkish European Central Bank policy decision rattled investors.
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The British Pound sold off in the wake of the Bank of England's decision to hike interest rates by 50 basis points, thereby maintaining what is becoming a standard response in the current cycle.
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