GBP faces a bleak winter unless Trump offers bold fiscal support to the economy.
Read more … →GBP appears to be entering a phase of capitulation against the Dollar and this is feeding into weak price action against other major currencies, including the Euro.
Read more … →GBP will remain under pressure over the remainder of 2022 says Capital Economics.
Read more … →"The FX market is getting tired of waiting for the BoE to actually deliver something more hawkish." - HSBC's Dominic Bunning.
Read more … →GBP was higher after it was announced UK inflation hit 10.1% in July, leaving it more than five times higher than the Bank of England's target.
Read more … →The British Pound remained supported against the Euro and Dollar following the release of new data from the ONS that showed UK wages faster than expected in June, as job vacancies remain elevated i…
Read more … →The Bank of England (BoE) won applause from within the Citigroup foreign exchange business on Friday for its upfront acknowledgement of the UK economic car crash in progress and simultaneous steely…
Read more … →