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Sterling On A Decline


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Sterling On A Decline

On Monday the pound fell by 0.5% to two and a half week lows against the dollar as poor economic figures increased the chances of the Bank of England cutting their interest rates. With the UK’s industrial production coming in lower than forecasted and the monthly GDP for November showing that the British economy has […]

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13/01/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • January 13, 2020
  • No Comments

Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. Last week the pound was in a fairly sideways trend as the main driving force for the markets continued to come from updates of the US and Iran conflict. […]

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The Week Ahead

Last week the pound was in a fairly sideways trend as the main driving force for the markets continued to come from updates of the US and Iran conflict. Over in the States we saw President Trump’s first rally of the election year held in Toledo, Ohio. Reporters on the ground stated that Republicans were […]

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10/01/2020 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • January 10, 2020
  • No Comments

Yesterday the British Pound fell to a two-week lows as the head of the BoE Mark Carney stated that an interest-rate cut could still be on the horizon. Carney said in his speech on Thursday morning that the central bank was debating the uses of near-term stimulus, adding that a Brexit uncertainty was still present […]

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Pound Dropped Off After Carney Comments

Yesterday the British Pound fell to a two-week lows as the head of the BoE Mark Carney stated that an interest-rate cut could still be on the horizon. Carney said in his speech on Thursday morning that the central bank was debating the uses of near-term stimulus, adding that a Brexit uncertainty was still present […]

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09/01/2020 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • January 9, 2020
  • No Comments

Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. UK Prime Minister Boris Johnson and European Commission President have commenced trade talks which has led to Sterling strength in the region of 0.5% against the Euro and 0.3% […]

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Brexit Talks Begin

UK Prime Minister Boris Johnson and European Commission President have commenced trade talks which has led to Sterling strength in the region of 0.5% against the Euro and 0.3% against the USD. The future relationship between the EU and UK will now be the key driving factor for the single currency in the coming months. […]

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08/01/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • January 8, 2020
  • No Comments

Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. GBP recovered above 1.32 against USD and 1.18 against EUR due to expectations of The Withdrawal Agreement Bill being passed through the House of Commons within the next few […]

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Market Update

GBP recovered above 1.32 against USD and 1.18 against EUR due to expectations of The Withdrawal Agreement Bill being passed through the House of Commons within the next few days now that Parliament are back after the Christmas break. Topics debated in the House of Commons yesterday were based on the 11 month transition period […]

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07/01/2020 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • January 7, 2020
  • No Comments

Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. This Morning the pound has started on the right foot and has strengthened against most major currencies. That’s in part because the pound got a boost following the latest […]

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