UK fiscal risks are likely to be at the forefront of currency market concerns this week.
Burnham Will Burn Pound Sterling
- Category: GBP
Political uncertainty ramps up as a big name in Labour politics is set to challenge Prime Minister Sir Keir Starmer.
The British pound dropped 0.60% against the U.S. dollar, pressing its July lows versus the euro.
British Pound Has a Growth Problem
- Category: GBP
OECD data confirms the currency's growth problem with a 1.0% growth forecast for next year.
- Pound Sterling in Sudden Drop Against Euro and Dollar on Concerning PMI Decline
- Pound Outlook Soured by "Significant" Deterioration in Budget Deficit
- Pound Sterling Dips After Bank of England Keeps Door Ajar to a Year-end Rate Cut
- Pound Sterling vs. Euro and Dollar: Bank of England Scenario Analysis