British Pound benefits from unlocking announcement

The British Pound was underpinned by news at the start of the week the UK government would proceed with lifting the majority of the remaining Covid restrictions on July 19, however shaky market sentiment is said by analysts to be an emerging risk on the near-term horizon.

July 29,2021

HSBC forecast for the Pound

UK high-street lender and international financial services giant HSBC say they expect the British Pound will fail to replicate the gains seen in the first quarter of 2021.

July 12,2021

Foreign exchange markets react to sell off

A global stock market sell-off hints at a deterioration in investor sentiment, the effect of which is being reflected on foreign exchange markets where the British Pound is losing value against some of its major peers.

July 8,2021

Johnson freedom day announcement

The British Pound was tipped to remain supported amidst expectations for a continued recovery of the UK economy, underpinned by the removal of all Covid-related restrictions by July 19.

July 7,2021

Pound outlook for second half 2021

"We have not had much opportunity to laud sterling's performance over the past 5-years, but one cannot fault its efforts at the start of 2021." - Kamal Sharma, BofA.

July 5,2021

Andrew Bailey

"It is important not to over-react to temporarily strong growth and inflation, to ensure that the recovery is not undermined by a premature tightening in monetary conditions." - Governor Bailey.

July 8,2021

Andrew Bailey

The British Pound could take some near-term guidance from an appearance of the Governor of the Bank of England who is to deliver a speech at London's Mansion House.

July 1,2021

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