24 May 2022 Pound Slumps after PMIs Signal Drastic Economic Slowdown in May

Pound Sterling sunk like a stone following the release of PMI data that suggests the UK economy was close to contracting in May and conditions are deteriorating faster than was the case during the …

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24 May 2022 "Deep Cuts" to Pound Sterling Forecasts at JP Morgan

The UK is the "poster child for stagflation" says investment bank JP Morgan as it announces "pretty deep cuts" to their British Pound forecasts.

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20 May 2022 Pound Sterling Higher after UK Retail Sales Surprise

The British Pound turned higher following another better than expected economic data release.

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20 May 2022 Pound Sterling and Euro Pounce on a Faltering Dollar

The Pound and Euro are taking advantage of a faltering Dollar to clamber further above their recent multi-month lows.

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19 May 2022 Pound Sterling Gripped by an Equity Bear Market

Bear market yet to be broken, GBP therefore prone to more losses.

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18 May 2022 Pound Sterling Eases Back on Softer than Expected Inflation Data

UK inflation data for April printed softer than expected, prompting the British pound to give back some recent gains.

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17 May 2022 Pound Sterling: Wage & Employment Surprises Trigger Gains against Euro and Dollar

The British Pound rose against the Euro and Dollar following the release of UK labour market statistics that revealed a strong jump in wages and a stronger than expected fall in unemployment.

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