Pound Sterling to Test Fresh Multi-week Lows vs. Euro and Dollar as Inflation is Set to Dip
- Category: GBP
The British Pound risks falling next week as inflation falls below the 2.0% target again.
Turnaround Tuesday for Pound Sterling
- Category: GBP
Falling stock markets and deepening pessimism ahead of the government's budget are weighing on the British Pound.
A new report on the UK jobs market looks set to keep Pound Sterling under pressure.
It's not quite comeback Friday for the British Pound, but it has stabilised following its sharp fall on Thursday, helped by Bank of England Chief Economist Huw Pill.