Blog


29/03/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • March 29, 2019
  • No Comments

Please note rates below are mid-market and not live actual rates. For a quote please contact us.

The pound fell towards a three-week low this morning ahead of a last attempt by Theresa May to win backing from lawmakers for her Brexit deal.

Parliament will vote on a stripped-down version of May’s twice-defeated divorce deal later on today. Even if May wins, another vote will be required for Britain to legally exit the EU and the uncertainty is putting off investors.

Traders are sticking to the side lines, creating a shortage in liquidity in the market that has exacerbated swings in the pound.

Prominent critics, including Conservative hardliners and Northern Ireland’s DUP, which props up May’s government, have refused to back the deal, meaning May has little chance of winning parliament’s support.

GBP/EUR 1.1600 GBP/USD 1.3010 GBP/AED 4.7736
GBP/AUD 1.8380 GBP/CHF 1.2956 GBP/CAD 1.7490
GBP/NZD 1.9178 EUR/USD 1.1200 GBP/ZAR 18.814

Leave a Reply

Your email address will not be published.

What's Going On?

Currencies 4 You Ltd is a company registered in England and Wales (registered no. 06866898). Registered office: Regus House Victory Way Admirals Park, Crossway, Dartford, Kent, DA2 6QD. Currencies 4 You Ltd Payment and Foreign Currency Exchange Services are provided by Currency Cloud Limited and Equals Connect Limited. Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money. FCA registration number: 900199. Payment Services are provided by Equals Connect Limited, registered in England and Wales (registered no. 07131446). Registered Office: Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. Equals Connect Limited are authorised by the Financial Conduct Authority to provide payment services (FRN: 671508). Payment services for Currencies 4 You Ltd are provided by Sciopay Ltd. Sciopay Ltd is a company incorporated in England & Wales. Registration No: 12352935. Sciopay Ltd is licensed and regulated by HMRC as a Money Service Business (MSB). Licence No: XCML00000151326. Sciopay Ltd is authorised by the Financial Conduct Authority as an Authorised Payment Institution. Firm Reference Number: 927951. | Terms and Conditions | Privacy Statement | Careers