A better year-end awaits the British Pound after inflation-busting measures are announced.
Read more … →The prospect of a stronger ending to 2022 for the British Pound came a step closer following news the UK government would cap annual UK gas prices at ยฃ2500 for the next two years.
Read more … →"The consequences for GBP would be disastrous in this darker scenario, with levels like parity for GBPUSD up for discussion" - Credit Suisse.
Read more … →Just as the market was focussing on the New Prime Minister Liz Truss, the Bank of England enters the scene and hammers an already fragile Pound.
Read more … →GBP supported on reports of incoming support for households, but some analysts warn they see further weakness.
Read more … →GBP has had a torrid 2022 but could find redemption in the final months of the year if the new prime minister is able to deliver a compelling set of measures to ease the cost of living crisis.
Read more … →Gas prices rose Monday following Friday's announcement by Gazprom it would not restart the supply of Russian gas to European markets.
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