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Pound Falls To 5 Month Lows


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Pound Falls To 5 Month Lows

The British Pound fell to a 5-month low this morning as investors continued to fear the possibility of a no-deal Brexit should Boris Johnson win the Conservative party leadership race. Against the euro the British currency fell 0.2%, to its weakest level since Jan. 11. Sterling has now lost 5% of its value versus the […]

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27/06/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • June 27, 2019
  • No Comments

Please see this morning’s exchange rates listed at the bottom of the article. The rates are there for indicational purposes only. For live accurate prices please contact us. Bank of England Governor Mark Carney said the BoE would only factor the possibility of a no-deal Brexit into its economic forecasts if Britain’s next prime minister […]

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Market Update

Bank of England Governor Mark Carney said the BoE would only factor the possibility of a no-deal Brexit into its economic forecasts if Britain’s next prime minister decides to leave the European Union without a transition agreement. Last week, the BoE highlighted a disconnect between the “smooth” Brexit scenario that underpins its forecasts and the […]

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26/06/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • June 26, 2019
  • No Comments

Please see this morning’s exchange rates listed at the bottom of the article. The rates are there for indicational purposes only. For live accurate prices please contact us. The dollar this morning as expectations dwindled for aggressive cuts in U.S. interest rates after comments by Federal Reserve officials. Fed Chairman Jerome Powell stressed the central […]

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Dollar Gains After Fed Comments

The dollar this morning as expectations dwindled for aggressive cuts in U.S. interest rates after comments by Federal Reserve officials. Fed Chairman Jerome Powell stressed the central bank’s independence from U.S. President Donald Trump, who is pushing for rate cuts. St. Louis Fed President James Bullard, considered one of the most dovish U.S. central bankers, […]

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25/06/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • June 25, 2019
  • No Comments

The pound will tumble to levels not seen since 2017 against the euro as Brexit turmoil outweighs a dovish European Central Bank, according to analysts. Sterling is likely to slide toward 1.0870 against the euro by year-end, about 3% below current levels and a rate not seen in 21 months, according to JPMorgan Chase & […]

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Analysts Expect Pound Could Drop To 1.08 By Year End

The pound will tumble to levels not seen since 2017 against the euro as Brexit turmoil outweighs a dovish European Central Bank, according to analysts. Sterling is likely to slide toward 1.0870 against the euro by year-end, about 3% below current levels and a rate not seen in 21 months, according to JPMorgan Chase & […]

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24/05/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • May 24, 2019
  • No Comments

Please see this morning’s exchange rates listed at the bottom of the article. The rates are there for indication purposes only. For live accurate prices please contact us. British Prime Minister Theresa May said in a statement that she resigns, triggering a contest that will bring a new leader to power who is likely to […]

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Theresa May Quits

British Prime Minister Theresa May said in a statement that she resigns, triggering a contest that will bring a new leader to power who is likely to push for a more decisive Brexit divorce deal. May set out a timetable for her departure: She will resign as Conservative Party leader on June 7 with a […]

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23/05/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • May 23, 2019
  • No Comments

Please see this morning’s exchange rates listed at the bottom of the article. The rates are there for indication purposes only. For live accurate prices please contact us. Sterling plunged again in early London trading this morning as pressure mounted on Prime Minister Theresa May to name a date for her departure. The British currency […]

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