UK unemployment fell to 3.8% in February from 3.9% in January while wages increased, data that should keep the British Pound supported near-term.

April 20,2022

Crédit Agricole retain a "relatively constructive" view on the British Pound for the rest of 2022, expecting UK consumers to dip into their large stockpile of savings to weather the negative impact of the country's surging inflation levels.

April 20,2022

The British Pound would remain under pressure against the Euro, Dollar and other major currencies in a new phase of market decline linked to the ongoing war in Ukraine and associated economic sanctions.

April 20,2022

Pound Sterling rose sharply against a broadly softer Euro during the opening half of the week but could struggle to advance by much beyond the nearby 1.20 level and remains at risk from a stronger Dollar as market attention turns to Wednesday’s Federal Reserve (Fed) meeting minutes.

April 6,2022

Pound Sterling has recently shown greater reverence for bond yield differentials with some other currencies and in the context of the cautious inflection now creeping into the Bank of England (BoE) policy stance, this potentially says something about the outlook for other currencies including the U.S. Dollar.

April 5,2022

Pound Sterling was one of many to benefit from a further ebbing of the U.S. Dollar’s dominance in global foreign exchange reserves late last year, according to newly released International Monetary Fund (IMF) figures, although the Russian invasion of Ukraine could mean the global reserve basket will look quite different next time around. 

April 1,2022