Bears in control of stocks and Sterling

Stocks enter oversold territory, a rebound could support GBP/EUR & GBP/USD.

January 25,2022

Ukraine and Russia

Another risk-off session means the British Pound is falling against the Euro, Dollar, Franc and Yen.

January 24,2022

Foreign exchange markets

A stock market sell-off has finally caught up with the high-flying British Pound which has shed close to half a percent against the Euro while also losing ground against other safe haven currencies.

January 21,2022

Bank of America London

"GBP is in the process of yet another post-war reset in the aftermath of the Brexit Referendum" - Kamal Sharma, Bank of America.

January 21,2022

In fact, so severe is the inflationary pressure that Capital Economics points out CPI is now further above the Bank of England’s target than at any point since the UK first adopted an inflation target in October 1992.

January 21,2022

Employment data

Strong labour market data could offer the Bank of England confidence to raise interest rates again in February, maintaining a positive outlook for the British Pound.

January 18,2022

Pound Sterling

The British Pound was fast to appreciate in the first half of January in a move some analysts say is partly a result of a positioning adjustment on global markets, and one analyst says the move might have now run its course.

January 17,2022

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