Read our currency forecasts and market reports for details of what could affect the Pound, Euro, US Dollar, Australian Dollar and many of the other major currencies.
In this report, we look at the factors that may affect GBP exchange rates going into the New Year.
By Jonathan Watson
Sterling strengthened last week, as YouGov’s anticipated MRP poll suggested that the Conservatives will win a majority of 68 seats, at the UK’s December 12th general election.
Movement for sterling exchange rates muted as initial responses suggest that the party leaders were neck and neck in the polls for best performance.
Sterling reaches a 6-month high against the Euro, at 1.1682 on Tuesday as the Conservatives lead in the polls and German GDP figures are released
GBP/EUR exchange rates remain static from the lack of clarity of Brexit. Will the EU27 agree to another Brexit extension?
PM Boris Johnson to provide Brexit legal text to the EU; Brexit negotiations and Catalonia independence protests affecting euro exchange rates; US China trade talks ramping up ahead of Asia-Pacific Cooperation Summit.
Currency markets uncertain of Brexit developments; Eurozone economy remains fragile to global trade concerns; FOMC minutes, what is expected?
GBP rises to a high of 1.0966 on the interbank exchange during yesterday's trading as Irish backstop comments increase Sterling volatility.
Italian Political Uncertainty causes the Euro to lose ground against other major currencies.
US Dollar continues its run of strong performance as investors become more fearful about what lies ahead for the global economy.
Australian dollar rises against its counterparts as the Westpac Leading Index rises.
Busy week of politics ahead for the Pound. Results for the Conservative leadership contest are announced tomorrow.
Decisive week ahead for the Euro as the ECB look to change monetary policy.
How much will the Federal Reserve cut interest rates?
Australian Dollar rebounds but for how long?
