With recent actions by the Bank of England and the UK Government restoring confidence in the Pound, Lee Hardman, Senior Currency Analyst, takes a look at the future prospects for GBP against a worsening economic outlook.

Lee also gives his view on the performance of the US Dollar. 2022 has been a good year for USD but there are now signs that it's starting to lose upward momentum. Will positive news from China aid dollar performance going forward? Watch Lee's video for more insights.

LH 1122

Key points

  • 0:26 Is the worst now over for the GBP and Gilt market?
  • 1:38 Is the USD close to peaking out?

You can view more insights from Global Markets Research on their dedicated website.

Listen to our podcasts: The Global Markets FX Week Ahead Podcast and The MUFG Global Markets Podcast on Fridays.

Follow Derek Halpenny, Lee Hardman, and Ehsan Khoman on Twitter for more global markets insights.