The Pound to Dollar exchange rate has slipped to a fresh two-year low, making for almost a ten percent 2022 loss following a turbulent six week period that has left Sterling appearing to be in comp…
Read more … →As a "tide of pessimism" hits the UK, expect further GBP weakness says BNP Paribas.
Read more … →A more cheery tone on global markets have helped an oversold British Pound correct higher, although there is little conviction any rebound will sustain itself near-term.
Read more … →The British Pound is losing value to the Dollar and Euro at the start of the new week.
Read more … →"The narrative is so powerful at the moment it is hard to see sterling recovering much ground" - JP Morgan.
Read more … →"Further increases in long-term inflation expectations or a further sharp GBP depreciation could lead to a faster hiking pace in coming months" - Goldman Sachs.
Read more … →GBP hammered in wake of BoE decision as fears of recession grow. But other central banks will take a similar view and this could release pressure on GBP.
Read more … →