GBP to weaken further in the months ahead and through 2024

Australia News News

GBP to weaken further in the months ahead and through 2024
Australia Latest News,Australia Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Both domestic and external factors point to a weaker GBP ahead, in the view of economists at HSBC. The cyclical story is unlikely to provide much supp

Both domestic and external factors point to a weaker GBP ahead, in the view of economists at HSBC.As markets will slowly start to see the next move in UK rates being down, not up, we think that a shift in rate expectations could drag the currency.

Finally, unless and until there is a surge in risk appetite, supported by an improving global outlook, the challenging domestic forces will probably continue to weigh on the GBP.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Peugeot e-5008: seven-seat electric SUV spied on test ahead of 2024 launchPeugeot e-5008: seven-seat electric SUV spied on test ahead of 2024 launchEverything you need to know about the new 2024 Peugeot 5008 and e-5008 SUVs: CAR magazine UK has the spy photos, specs and all the news you need
Read more »

Team Biden focuses on fall prevention as age concerns grow ahead of 2024Team Biden focuses on fall prevention as age concerns grow ahead of 2024President Joe Biden's staff is focused on preventing any falls going into 2024 as age becomes a serious criticism of the 80-year-old presiden...
Read more »

Team Biden focuses on fall prevention as age concerns grow ahead of 2024Team Biden focuses on fall prevention as age concerns grow ahead of 2024President Joe Biden's staff is focused on preventing any falls going into 2024 as age becomes a serious criticism of the 80-year-old president.
Read more »

Ted Cruz says Democrats are 'fleeing the ship like rats' and 'scared' over 2024 chancesTed Cruz says Democrats are 'fleeing the ship like rats' and 'scared' over 2024 chancesSen. Ted Cruz (R-TX) had harsh words for Democrats running for reelection next year, saying they have a 'structural problem' due to President Joe Biden's policies and have only one thing to campaign on because of the failures of his administration.
Read more »



Render Time: 2025-02-26 01:40:26