Pound Sterling slumps as Trump tariffs send shockwaves to global economy The Pound Sterling (GBP) gives up its intraday recovery move and tumbles to near 1.2800…
Pound Sterling (GBP) is weak, down a meaningful 0.8% vs. the USD while still trading relatively well vs. most of the riskier G10 currencies, Scotiabank’s…
Pound Sterling weakens despite UK seems in better position after Liberation Day The Pound Sterling (GBP) underperforms its major peers, except antipodeans, on Friday. The…
Pound Sterling (GBP) is also quiet and extending is recent consolidation around 1.29 ahead of Wednesday’s US tariff announcement, Scotiabank’s Chief FX Strategist Shaun Osborne…
The Pound Sterling (GBP) is steady, trading under 1.30 and also showing notable relative resilience in an environment of trade-related risk aversion, Scotiabank’s Chief FX…
GBP tracks broader tone in the USD – Scotiabank The Pound Sterling (GBP) is trading up a modest 0.2% vs. the USD and is a…
Created on March 25, 2025 The British Pound has shown itself to be rather strong during the trading session against multiple currencies, but it’s especially…
UK PMI data for March were mixed. Manufacturing output weakened to 44.6 (from 46.9 and against forecasts for a rise to 47.2), Scotiabank’s Chief FX…
Government borrowing data revealed a larger than forecast GBP10.7bn net public sector borrowing in February, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Gilts weaker on…
Created on March 20, 2025 For three consecutive trading sessions, the GBP/USD exchange rate has stabilized around and above the 1.3000 psychological resistance. It is…