Pound recovers on risk improvement

Gains for major stock markets signalled a return of confidence to the global investor community, creating the backdrop for a rally in the value of the British Pound against currencies such as the Dollar, Euro, Franc and Yen.

August 24,2021

Exchange rates reaction to economic data

The British Pound started the new week in decidedly mixed fashion amidst signs that the country's economic rebound slowed in August.

August 23,2021

Financial markets

The British Pound will remain under pressure against the Euro and Dollar but advance against the Australian and New Zealand Dollars should this week's selloff on global equity markets extend into the final days of August.

August 20,2021

Inflation and the Pound

UK inflation came in below market expectations at 2.0% year-on-year in July, a miss that lead to some weakness in the British Pound although investors were quick to buy the dip.

August 25,2021

UK economy is creating jobs

The British Pound was tipped by foreign exchange analysts to remain supported in the wake of some better-than-expected job data out of the UK.

August 25,2021

Foreign exchange rates

The British Pound's major downside risk in the near future is a turn lower in global stock markets according to analysts, confirming global risk sentiment to be one of the key external drivers of the UK currency.

August 13,2021

London view

The UK economy grew more than expected in June and although the British Pound failed to show any significant volatility, the GDP data has helped it shore up recent gains.

August 18,2021

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