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Sterling Remains on Track For Another Weekly Climb

Sterling Remains on Track For Another Weekly Climb

The pound continued to climb during yesterday’s trading session against the euro and the US dollar, and at the time of writing the pound remains on course for another weekly gain.

By Joseph Wright
Brexit the Dominant Force Driving Sterling Exchange Rates

Brexit the Dominant Force Driving Sterling Exchange Rates

The over riding factor influencing the pound at the moment appears to be what is happening with the Brexit talks which are ongoing.

By Tom Holian
GBPEUR Increases Providing Opportunity for European Property Buyers

GBPEUR Increases Providing Opportunity for European Property Buyers

Sterling boosted by Boris Johnson's speech earlier this week, but could the remaining points of contention around Brexit bring it back down again?

By Dayle Littlejohn
GBP Rates Trade Higher on Month End

GBP Rates Trade Higher on Month End

Sterling over the last 36 hours has seen an uptrend after falling to new lows against the euro and US dollar.

By Steve Eakins
Sterling Remains on Track For Another Weekly Climb

UK Economy Growth Prospects

Economists predict that the impact of COVID-19 will cause the UK economy to shrink by 8.7% in 2020.

By Ben Fletcher
Sterling Holds Near 1.11 Against the Euro Due to Brexit Uncertainty

Sterling Holds Near 1.11 Against the Euro Due to Brexit Uncertainty

The pound sterling continues to struggle against the euro as the Eurozone economic recovery and Brexit have left GBPEUR levels trading near 1.11.

By Michelle Fox
Sterling Continues its Downtrend Despite Signs of Economic Recovery

Sterling Continues its Downtrend Despite Signs of Economic Recovery

Sterling lost value against the euro and US dollar at the start of the week despite signs of UK economic recovery.

By Ben Small
Rebounding Economic Data Releases Paint More Positive Picture for Q2

Rebounding Economic Data Releases Paint More Positive Picture for Q2

The UK and several EU countires are reporting better than expected economic data as countries continue to ease out of lockdown.

By Sam Mills
Bank of England Keeps Interest Rates on Hold

Bank of England Keeps Interest Rate on Hold

The pound suffered significant losses against EUR and USD during yesterday’s trading following the Bank of England's decision to keep interest rate at 0.1%.

By Rob Harold
Bank of England Meeting and the EU Summit

Bank of England Meeting and the EU Summit

The pound is set for potential high volatility today with a series of important data releases and political developments.

By James Lovick
Lack of Clarity Surrounding Brexit Weighs Heavy on the Pound

Lack of Clarity Surrounding Brexit Weighs Heavy on the Pound

The Pound could be in for rough ride short to medium term. It is not only the pandemic it has to contend with but also the small matter of Brexit.

By Daniel Johnson
Rebounding Economic Data Releases Paint More Positive Picture for Q2

Record Fall in UK GDP Puts Further Pressures on the Pound

Read our weekly currency overview for the latest developments on GBP, EUR and USD exchange rates.

By Jonathan Watson
GBP Remains in Tight Trading Range Against the Euro

GBP Remains in Tight Trading Range Against the Euro

Sterling has remained in a tight trading range against the Euro, could this change with upcoming economic data and developments in Brexit?

By Steve Eakins
Sterling Strengthens Due to Optimistic Brexit Discussions

Sterling Strengthens Due to Optimistic Brexit Discussions

The pound has continued its gains this week due to a positive end to Brexit talks last week, reducing the risk of a no-deal Brexit.

By Chris Doane
Pound Starts the Week Slowly in an Ever-Changing Market

Pound Starts the Week Slowly in an Ever-Changing Market

GBP volatility expected nearer the end of the week as Friday sees raft of UK economic data releases.

By Daniel Wright