UK Retail Sales drop 1.6% MoM in August vs. -0.5% expected
The UK Retail Sales came in at 1.6% MoM in August, a big miss. Core
GBP/USD: Sterling will struggle to strengthen given structural factors for UK remain an Achilles heel – MUFG
GBP/USD has risen up towards the 1.16 level and EUR/GBP has fallen back below 0.86
UK PM Truss plans £40 billion energy-aid package for businesses
UK incoming Prime Minister (PM) Liz Truss’s spokesman said that she plans a £40 billion energy-aid
UK inflation could exceed 20% as recession nears – Goldman Sachs
After forecasting a recession in the UK economy last week, economists from the US investment
GBP/USD remains heavy and on track to test the March 2020 low near 1.1410 – BBH
GBP/USD traded at a new low for this move on Monday near 1.1650 but has
UK’s Truss will declare China an official threat for the first time – The Times
Liz Truss, the UK Foreign Minister and the leading contender in the Conservative Party’s leadership
UK Preliminary Services PMI drops to 52.5 in August vs. 52.0 expected
UK Manufacturing PMI contracts to 46.0 in August, a big miss. Services PMI in the
UK Retail Sales rebound 0.3% MoM in July vs. -0.2% expected
The UK Retail Sales came in at 0.3% MoM in July, a positive surprise. Core
GBP/USD to extend further to the downside over the coming weeks – MUFG
The GBP/USD rate has broken back below the 1.2000 level. In the view of economists
GBP/USD Price Analysis: Remains vulnerable near 1.1900 ahead of UK Retail Sales
GBP/USD is off the lows but remains weak amid broad USD strength. The US dollar