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Tag: foreign exchange rate

Pound gains against a weakening Euro

The euro continues to weaken this morning, continuing from yesterday’s biggest fall in nearly a as investors shrugged aside concerns of any fallout from the German political deadlock for now. […]

UK Wage Data Released

This morning we have had a lot of data released surrounding wage growth, claims and unemployment rates in the UK. The results of the data showed us that a number […]

Pound suffers due to parliament uncertainty

Sterling dropped off this morning after media reports on the weekend that Theresa May is struggling with her party at a time when Brexit talks are at a critical point. […]

Pound sinks after dovish Mark Carney speech

Sterling extended losses today, slipping to a one-month low against the dollar, as the Bank of England’s plans to take a “very gradual” approach to raising interest rates sent investors […]

Super Thursday – Rate Rise

Sterling steadied this morning, consolidating some chunky gains this week, especially against the euro, before a historic Bank of England policy decision where it is widely expected to raise interest […]

GBP/EUR at 3 month high

Sterling hit a 3-1/2-month high against the euro on today as investors focused on a Nov. 2 Bank of England policy decision they expect will produce the first interest rate […]

Big week ahead for Sterling

Britain’s housing market and consumer economy kept most of their momentum last month, lending figures from the Bank of England showed today, leaving the central bank on track to raise […]

Sterling down slightly against Euro

The British pound slipped against the dollar today, as investors looked cautiously ahead towards a Bank of England policy meeting next week which could see interest rates rise for the […]

Brexit continues to drag Sterling down

Sterling climbed to a 9-day high today as strong growth data boosted expectations the Bank of England would raise interest rates next week. Wednesday’s gross domestic product growth for the […]

Brexit negotiations are main sterling driver

Sterling exchange rates have been stuck in limbo due to comments made by EU officials following recent Brexit negotiations- fortunately, Donald Tusk (EU Council President) announced that recent comments made […]

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