Sterling was second only to the US dollar as the best performing G10 currency last year but, after the first trading day of 2025, it has turned out to be the worst. Of...
Sterling’s stellar run was reversed quite dramatically yesterday by comments from Bank of England Governor Bailey.
Sterling has been the best performing currency in the G10 so far this year, but there’s a growing danger that it gives back some, or all, of these gains before the year...
Sterling has hardly moved since the opposition Labour Party won a huge 174-seat majority last Thursday. That’s not surprising given that a strong outcome for Labour was...
Politics dominates given two elections in Europe this week and the continued fallout from President Biden’s poor performance in last week’s presidential debate.
For major advanced democratic nations like the UK, political stability should be better for the pound than instability.
Currency investors probably won’t have the patience to buy sterling now in anticipation of what may turn out to be false hopes, but it is still an issue to look out for....
UK wage data was pretty shocking. It has raised speculation that the Bank of England could have to go further than previously expected when it comes to base rate hikes.
The pound has been lifted by Monday’s agreement between the UK and EU that rids the pair of the hated Northern Ireland protocol (or at least moulds it into a shape...
Just in the past week, or so, there have been two developments that could, in theory at least, improve the pound’s fortunes. However, sterling still looks vulnerable.
The sterling might do better if the TFP performs well in the upcoming years.
Sterling could be the big bounce-back trade after new PM Sunak and new Chancellor Hunt are trying to clear up the mess.
Following the UK government's announcement of unfunded tax cuts, the value of the pound against the dollar plunged to a historic low.
The British pound's value versus the US dollar hit an all-time low. Many people thought that the sterling crisis of the 1970s would recur.
Sterling (GBP) has not had a great year so far, but it could still get a lot worse.
It is just over six years since the UK public voted to leave the EU. But rather than getting better it seems that each anniversary marks a new low.
Sterling has been under particular pressure since the Bank of England warned last week that the economy could be sinking into a stagflationary quagmire. If that’s not...
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