Should a full embargo be enacted, 2022 will flip from being a difficult year to a brutal one for the Euro Area says BMO Capital.
Read more … →
An economic contraction and a renewed sense of caution at the Bank of England could meanwhile weigh on the value of the Pound.
Read more … →
Pound Sterling has reversed its early April losses against the Dollar and Euro following a significant mid-week rally and there is evidence that this bid may have originated in Beijing and been par…
Read more … →
A strong impulse of buying through the late midweek session tee's up the British Pound at higher levels on Thursday April 14.
Read more … →
The British Pound found support following the release of stronger than expected inflation prints from the UK.
Read more … →
UK unemployment fell to 3.8% in February from 3.9% in January while wages increased, data that should keep the British Pound supported near-term.
Read more … →
Crédit Agricole retain a "relatively constructive" view on the British Pound for the rest of 2022, expecting UK consumers to dip into their large stockpile of savings to weather the negative impact…
Read more … →