10 October 2022 Pound Sterling: Bank of England Commits to Do "Whatever it Takes" to Provide Stability

GBP continues to struggle in a dour global market environment but a disorderly retest of recent all-time lows is unlikely as the Bank of England sends a message to investors that it is vigilant to โ€ฆ

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07 October 2022 Pound Sterling Risks Further Falls against Euro & Dollar on Firm NFP Print

GBP could be on course to register a weekly loss against EUR and USD if today's all-important non-farm payroll data release comes out stronger than expected.

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06 October 2022 Pound Sterling: Deeper Recession Now Forecast, Greater Losses seen against Euro and Dollar by Economists

The cost of living crisis meets a cost of borrowing crisis, leaving the British Pound exposed to deeper losses against the Euro and Dollar say economists.

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05 October 2022 Poorly Pound Sold Down by Central Bankers in Q2, IMF Data Suggests

The Pound has had a volatile year with some of its heaviest losses seen during the second quarter and newly released International Monetary Fund (IMF) data suggests this was also a period in which&โ€ฆ

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05 October 2022 Pound Sterling's Rebound will Live or Die on How Much Further the Market Rally can Extend

GBP's ongoing recovery could extend if a recovery in global investor sentiment continues, but analysts warn this is a market recovering from oversold conditions and the comeback won't last.

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04 October 2022 Pound Sterling Rally Extends after Kwarteng Comfirms Fiscal Plan Will be Brought Forward

GBP received another boost after Chancellor of the Exchequer Kwasi Kwarteng said he was bringing forward the publication of his fiscal plan, in an effort to win back market confidence.

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03 October 2022 Pound Sterling Jumps against Euro, Dollar as Kwarteng Ditches 45p Tax Cut

The British Pound rose at the start of a new week amidst news the UK government would ditch a proposal to remove the 45p rate of income tax.

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