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Tag: sterling

Sterling Lost Ground to Some Emerging Market Currencies in 2022 | Morningstar

5 January 2023 BrexitCarnage Leave a comment

“The Ukrainian hryvnia and the Chinese yuan rose 15.72% and 12.06%, respectively, against sterling despite the Ukraine war and China’s…

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Posted in: Economy, UK Filed under: hryvnia, sterling, ukraine, yuan

Pound in biggest yearly fall since Brexit vote | The Times

30 December 2022 BrexitCarnage Leave a comment

​The pound is on course to end the year having suffered its worst annual decline since 2016, amid warnings that…

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Posted in: Currencies, Economy, Financial Services, UK Filed under: brexit, eu, pound, sterling, uk

Kwarteng said ‘who cares if sterling crashes?’ after Brexit, report claims | The Independent

27 September 2022 BrexitCarnage Leave a comment

Read More  ​after Brexit, report claims. Brexiteer MP overheard talking about markets on night of 2016 referendum vote. Adam Forrest.…

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Posted in: Currencies, Europe, Financial Services, Politics, UK Filed under: brexit, pound, sterling

Why Did British Pound (GBP USD) Drop Against Dollar? How Low Will It Go? | Bloomberg

BrexitCarnage Leave a comment

Read More  ​QuickTake explainers on the Bank of England’s inflation target and post-Brexit plans for financial services. Bloomberg stories on…

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Posted in: Currencies, Financial Services, UK Filed under: brexit, dollar, pound, sterling

Pound hits fresh 37-year low after mini-budget rocks markets | The Guardian

25 September 2022 BrexitCarnage Leave a comment

“Sterling fell to $1.077 in early trading when Asia-Pacific markets opened after the weekend, close to parity with the US…

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Posted in: Economy, UK Filed under: budget, pound, sterling, us-dollar

Plunge in sterling leaves drivers paying £6 more for tank of petrol, says AA | The Guardian

24 September 2022 BrexitCarnage Leave a comment

https://www.theguardian.com/money/2022/sep/24/plunge-in-sterling-leaves-drivers-paying-6-more-for-tank-of-petrol-says-aa?utm_term=Autofeed&CMP=twt_gu&utm_medium&utm_source=Twitter#Echobox=1663975922

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Posted in: Automotive, Currencies, Economy, energy-and-climate, Road, Transport, UK Filed under: drivers, petrol, sterling

Is the pound close to breaking point? | East African Business Week

17 September 2022 BrexitCarnage Leave a comment

“Like almost every other currency except the US dollar and perhaps the euro, the pound lacks attributes of a dominant…

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Posted in: Currencies, Economy, Financial Services, UK Filed under: breaking-point, commonwealth, dominant-currency, pound, sterling

Sterling is in crisis and there’s no sugar-coating the reason why | The Sunday Times

4 June 2022 BrexitCarnage Leave a comment

“Britain is, in short, undergoing a shock to the supply side of its economy that, as the pandemic retreats, appears…

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Posted in: Economy, UK Filed under: crisis, economy, shock, sterling, sugar-coating

Traders are lining up to short the British pound with a recession on the horizon | CNBC

30 May 2022 BrexitCarnage Leave a comment

“Sam Zief, head of global FX strategy at JPMorgan Private Bank, told CNBC that although sterling’s looking ‘awfully cheap’ at…

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Posted in: Economy, UK Filed under: cnbc, euros, jpmorgan, pounds, recession, sterling

Blast from the past as currency speculators circle weakened pound | The Guardian

10 May 2022 BrexitCarnage Leave a comment

“Sterling, King says, is in the sights of ‘vigilantes’ – investors who look around the world for the weakest currencies…

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Posted in: Economy, UK Filed under: sterling, vigilantes

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