The British Pound suffered significant declines during the Monday Asian session that added to Friday's massive selloff, ensuring record lows against the Dollar.
Read more … →Negative reaction to Kwarteng's fiscal statement, but Sterling crisis unlikely says Oxford Economics.
Read more … →GBP was seen higher against a number of currencies and recovering against the Dollar following a swathe of fiscal changes announced by Chancellor Kwasi Kwarteng.
Read more … →The impact on the Pound from Friday's fiscal event could therefore be significant.
Read more … →The Bank of England raised interest rates by 50 basis points on Thursday, which was a smaller increment than the 75bp the market was expecting.
Read more … →Bank of England: Scenarios determining whether Pound Sterling rises or falls against the Euro and Dollar.
Read more … →Great expectations: The two successive 75 basis point hikes the markets are expecting from the Bank of England leaves the door wide open to an epic disappointment for the British Pound.
Read more … →