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09/02/2021 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • February 9, 2021
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Sterling hit its highest level against the dollar since April 2018 and traded just below eight-month highs against the euro, with analysts citing Britain’s lead in COVID-19 vaccinations as a positive for the currency. Analysts have largely been constructive on the pound – particularly against the euro – this year, noting that Britain’s COVID-19 vaccine […]

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Market Update

Sterling hit its highest level against the dollar since April 2018 and traded just below eight-month highs against the euro, with analysts citing Britain’s lead in COVID-19 vaccinations as a positive for the currency. Analysts have largely been constructive on the pound – particularly against the euro – this year, noting that Britain’s COVID-19 vaccine […]

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05/02/2021 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • February 5, 2021
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The Bank of England has opted to not cut interest rates into negative territory and has done so with a unanimous vote of the Monetary Policy Committee (MPC). The initial decision and subsequent guidance from the Bank has prompted a rally in the British Pound against the Euro, Dollar and other major currencies. The Pound-to-Euro […]

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Market Update

The Bank of England has opted to not cut interest rates into negative territory and has done so with a unanimous vote of the Monetary Policy Committee (MPC). The initial decision and subsequent guidance from the Bank has prompted a rally in the British Pound against the Euro, Dollar and other major currencies. The Pound-to-Euro […]

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04/02/2021 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • February 4, 2021
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All eyes are on the Bank of England today, as GBP weakens slightly with the upcoming decision on Interest Rates expected at Midday. GBP has dropped off slightly showing some nervousness towards the possibility of negative interest rates being mentioned in the near term to counter-act the fragility of The UK economy. Factors leading to […]

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Market Update

All eyes are on the Bank of England today, as GBP weakens slightly with the upcoming decision on Interest Rates expected at Midday. GBP has dropped off slightly showing some nervousness towards the possibility of negative interest rates being mentioned in the near term to counter-act the fragility of The UK economy. Factors leading to […]

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01/02/2021 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • February 1, 2021
  • No Comments

The British pound rose back towards its recent three-year high, boosted by a combination of heightened global risk appetite and optimism about the UK’s vaccine rollout. Riskier currencies gained against the dollar, which edged lower as global market sentiment was lifted by an equity rally in the Asian session. The pound strengthened even more than […]

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Market Update

The British pound rose back towards its recent three-year high, boosted by a combination of heightened global risk appetite and optimism about the UK’s vaccine rollout. Riskier currencies gained against the dollar, which edged lower as global market sentiment was lifted by an equity rally in the Asian session. The pound strengthened even more than […]

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29/01/2021 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • January 29, 2021
  • No Comments

Sterling endured a setback towards the middle of the week but then recovered through Thursday as currencies reacted to the ups and downs in global equity and commodity markets, confirming the growing importance of the global picture for the UK currency. The near-term outlook for the Pound will therefore likely depend on how broader markets trade, and whether the […]

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Market Update

Sterling endured a setback towards the middle of the week but then recovered through Thursday as currencies reacted to the ups and downs in global equity and commodity markets, confirming the growing importance of the global picture for the UK currency. The near-term outlook for the Pound will therefore likely depend on how broader markets trade, and whether the […]

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