The Pound and Euro are taking advantage of a faltering Dollar to clamber further above their recent multi-month lows.

May 20,2022

Bear market yet to be broken, GBP therefore prone to more losses.

May 19,2022

UK inflation data for April printed softer than expected, prompting the British pound to give back some recent gains.

May 18,2022

The British Pound rose against the Euro and Dollar following the release of UK labour market statistics that revealed a strong jump in wages and a stronger than expected fall in unemployment.

May 17,2022

The British Pound is underperforming major peers at the start of the new weeks as global financial markets turn red once more and home-grown risks arise in the form of EU-UK tensions over Northern Ireland.

May 16,2022

The Pound to Dollar exchange rate has slipped to a fresh two-year low, making for almost a ten percent 2022 loss following a turbulent six week period that has left Sterling appearing to be in competition with Switzerland’s Franc for what Credit Suisse describes as the “dubious title of Europe’s Yen.”

May 12,2022