"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.
Read more … →The UK economy is hard-wired to weaken its currency over the long-term, according to new analysis conducted by HSBC.
Read more … →Capital Economics release dire predictions: this will be GBP's biggest crisis to date.
Read more … →