The British Pound was the clear outperformer in the currency space on Thursday, registering gains against all its G10 peers.
Read more … →The British Pound saw heightened volatility on an announcement by the Bank of England it would intervene in the bond markets.
Read more … →Foreign exchange analysts warn the British Pound could be over 20% overvalued at current levels, implying scope for a further decline.
Read more … →A renewed decline in global markets has put fresh pressure on the British Pound and all indications are further losses are likely, potentially resulting in a retest of recent lows.
Read more … →The British Pound is undergoing a major adjustment lower that will only end once it has fallen below parity, says a leading economist.
Read more … →The British Pound reversed an earlier recovery against the Euro, Dollar and all other major currencies after the Bank of England said it was not prepared to intervene in the currency market.
Read more … →Investment bank Goldman Sachs has slashed its forecasts for the British Pound, showing further losses against the Euro are likely and a retest of the recent lows against the Dollar are likely.
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