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

Sunak

As a "tide of pessimism" hits the UK, expect further GBP weakness says BNP Paribas.

May 16,2022

Markets going higher

A more cheery tone on global markets have helped an oversold British Pound correct higher, although there is little conviction any rebound will sustain itself near-term.

May 16,2022

Pound Sterling under pressure

The British Pound is losing value to the Dollar and Euro at the start of the new week.

May 9,2022

Pound under pressure

"The narrative is so powerful at the moment it is hard to see sterling recovering much ground" - JP Morgan.

May 16,2022

Bank of England and the Pound

"Further increases in long-term inflation expectations or a further sharp GBP depreciation could lead to a faster hiking pace in coming months" - Goldman Sachs.

May 6,2022

BoE Bailey

GBP hammered in wake of BoE decision as fears of recession grow. But other central banks will take a similar view and this could release pressure on GBP.

May 9,2022

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