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05/08/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • August 5, 2019
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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. Sterling plunged to a 23-month low against the euro and near a 31-month low versus the dollar this morning as fears of a disorderly Brexit grew. After the by-election […]

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No Deal Possibility Weighs On Sterling

Sterling plunged to a 23-month low against the euro and near a 31-month low versus the dollar this morning as fears of a disorderly Brexit grew. After the by-election victory for the Liberal Democrats in Brecon and Radnorshire last week, the Conservative party has been left with a majority of just one seat in parliament, […]

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02/08/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • August 2, 2019
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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 Bank of England (BoE) policymakers voted unanimously to leave interest rates unchanged at 0.75%. However, the bank slashed its growth forecasts amid the growing risk of […]

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Market Update

The Bank of England (BoE) policymakers voted unanimously to leave interest rates unchanged at 0.75%. However, the bank slashed its growth forecasts amid the growing risk of a no-deal Brexit. The BoE downgraded it forecasts to 1.3% growth for both 2019 and 2020 providing the UK avoids a disorderly exit from the European Union. GBP […]

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

  • Posted by currencies in Rate Alerts
  • August 1, 2019
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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 rose to a two-year peak against the euro as U.S. Federal Reserve Chairman Jerome Powell ruled out a lengthy easing cycle after delivering the first […]

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Sterling Slips To 30 Month Lows

The dollar rose to a two-year peak against the euro as U.S. Federal Reserve Chairman Jerome Powell ruled out a lengthy easing cycle after delivering the first rate cut since the financial crisis. In a widely expected move, the U.S. central bank cut rates by 25 basis points to shore up the economy against risks […]

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31/07/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • July 31, 2019
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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. Sterling, which has tumbled for the whole week as investors rushed to factor in the possibility of Britain leaving the European Union without transition trade arrangements in […]

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Sterling Steadies After Week Of Big Losses

Sterling, which has tumbled for the whole week as investors rushed to factor in the possibility of Britain leaving the European Union without transition trade arrangements in place, has gained 0.2% at $1.2167, crawling back from a 28-month of $1.2120 plumbed yesterday. Few expect the pound’s respite will last long, given new Prime Minister Boris […]

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30/07/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • July 30, 2019
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Sterling crashed to 2-1/2 year lows this morning and fell towards the $1.21 mark versus the dollar as the growing likelihood of a disorderly Brexit led investors to hedge or cut their exposure to British assets. Sterling traded as high as $1.32 in early-May, having fallen steadily since then, with losses accelerating since July 24 […]

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Sterling Crashes

Sterling crashed to 2-1/2 year lows this morning and fell towards the $1.21 mark versus the dollar as the growing likelihood of a disorderly Brexit led investors to hedge or cut their exposure to British assets. Sterling traded as high as $1.32 in early-May, having fallen steadily since then, with losses accelerating since July 24 […]

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