Once the market has repositioned in the wake of the Bank of England update it could be global market conditions that exert their grip on the currency once more.
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GBP is proving to be a slippery customer in the wake of the Bank of England's decision to raise interest rates again, initially falling on the 25 basis point hike announcement and then rising sharp…
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Economists warn that unless the Bank of England is bold and hikes by a large increment of at least 50 basis points the British Pound could fall further.
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GBP sensitivity to broader risk sentiment was on display just hours ahead of a key U.S. Federal Reserve interest rate decision and that of the Bank of England a day later.
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The British Pound has been hammered as international investors lose confidence in the UK economy and the Bank of England's ability to control inflation expectations.
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The Pound came under heavy and widespread pressure on Tuesday as global stock and bond markets took a drubbing while events in Westminster elicited ill founded speculation about the UK and EU trade…
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The British Pound has settled against the Euro and Dollar having registered sharp losses over the course of the past 24 hours, aided by a stabilisation in under-pressure global equity markets and f…
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