Pound Sterling Dumped Ahead of a Critical Week for the UK, Analysts see Further Losses against Euro and Dollar

18th September 2022

The Pound is set to fall further say analysts, although there is a faint prospect the currency finds redemption towards the end of the coming week when a Bank of England rate hike and the 'mini budget' are delivered.

The monetary and fiscal double-header comes after the British Pound slid to its lowest level since 1985 against the Dollar on Friday, while plumbing lows not seen since February 2021 against the Euro.

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