GBP to track developments in crisis-hit gas markets over coming days but next Prime Minister could well determine how the UK currency trades over coming weeks.
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GBP thus far oblivious of Johnson's woes, but ut there are some benefits to the currency from the current political turmoil.
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GBP & EUR under immense selling pressure over recent hours and look set to remain vulnerable to further losses against USD as Europe's energy crisis deepens.
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GBP increasingly correlated with stocks, would benefit when markets recover, but further 10% decline in stocks possible says MUFG.
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The Pound and Swiss Franc built further on their shares of the global FX reserve basket during the first quarter and in a period blighted by extreme market volatility as well as more than $300 BN o…
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Pound Sterling underperformed many major counterparts during the first half of the year overall and these losses may be a symptom of underperformance by the UK economy, according to Bank of England…
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The UK's current account deficit has long been an 'achilles heal' for the British Pound, and new data shows it has surged in size.
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