GBP & EUR under immense selling pressure over recent hours and look set to remain vulnerable to further losses against USD as Europe's energy crisis deepens.

July 6,2022

GBP increasingly correlated with stocks, would benefit when markets recover, but further 10% decline in stocks possible says MUFG.

July 5,2022

The Pound and Swiss Franc built further on their shares of the global FX reserve basket during the first quarter and in a period blighted by extreme market volatility as well as more than $300 BN of central bank asset sales, according to newly released International Monetary Fund (IMF) data.

July 1,2022

Pound Sterling underperformed many major counterparts during the first half of the year overall and these losses may be a symptom of underperformance by the UK economy, according to Bank of England Governor (BoE) Andrew Bailey.  

June 30,2022

The UK's current account deficit has long been an 'achilles heal' for the British Pound, and new data shows it has surged in size.

June 30,2022

The British Pound's relentless slide against the Dollar, Euro and other major currencies continues amidst overwhelming investor negativity towards the UK economy.

July 13,2022