Monthly Wrap: GBP – Pound rocked by bleak BoE ...
The pound spent much of the past four weeks on the defensive. Growing fears of a UK recession left investors increasingly sceptical of Sterling’s upsi
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The pound spent much of the past four weeks on the defensive. Growing fears of a UK recession left investors increasingly sceptical of Sterling’s upsi
The euro firmed on Thursday, supported by European Central Bank (ECB) interest rate hike bets.
The pound plummeted on Tuesday as the latest UK PMIs printed well below expectations.
Sterling wobbled at the start of the week amid a shifting market mood and a lack of UK economic data.
The pound fell sharply yesterday after the UK inflation rate jumped from 7% to 9% – its highest level since 1982.
The pound surged higher at the start of yesterday’s session, hitting two-week highs against the US dollar and the euro, after the UK’s latest labour m
The pound, euro and US dollar all wavered yesterday as markets waited for higher-impact data later in the week.
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