Search Results for: Pound
Pound holds up against Dollar; Asian markets edged down Tuesday
January 22nd, 2019
Asian markets edged down Tuesday as profit-takers stepped in following a recent run-up, while the pound maintained gains on hopes Britain will avoid crashing out of the European Union. While there were few catalysts to drive business and Wall ...
Weak euro lifts dollar, pound zooms on talk of second Brexit vote
January 18th, 2019
The U.S. dollar rose on Thursday against a euro dragged lower by soft economic data, while the pound took off on hopes of a second referendum on Britain’s membership in the European Union. Against the euro, the dollar strengthened ...
Dollar pauses, pound steadies after May wins no-confidence vote
January 17th, 2019
The dollar took a breather on Thursday following its recent strong gains against key rivals, while sterling steadied after British Prime Minister Theresa May’s government won a no-confidence vote in parliament. The dollar index, which measures the greenback against ...
Pound rises after ‘meaningful’ Brexit vote
January 16th, 2019
The pound has risen after MPs voted to reject Theresa May’s Brexit deal by 230 votes. The vote opens up a range of outcomes, including no deal, a renegotiation of Mrs May’s deal, or a second referendum. Sterling rose ...
Pound options show traders positioning for delay to Brexit date
January 11th, 2019
Pound options traders seem to be positioning for the possibility that the U.K. will delay its exit from the European Union. Investors are now more negative on the currency in nine months time rather than on three-month contracts that ...
Pound to Dollar rose, Euro little changed; Events investors will focus on in the coming days
December 20th, 2018
Stocks and U.S. futures tumbled in Asia, with Japanese equities sliding into a bear market as investors expressed concern about a lack of relief from the Federal Reserve’s monetary tightening. The sell-off that began Wednesday afternoon with Fed Chairman ...
Pound stuck near 20-month low as UK gov’t rules out second Brexit referendum
December 18th, 2018
The pound languished near 20-month lows on Monday, with reports that more politicians are calling for a second Brexit referendum doing little to force the currency out of a narrow trading range. With British Prime Minister Theresa May facing ...
Pound falls further after Brexit vote delayed
December 11th, 2018
The pound’s fall has accelerated after the prime minister confirmed she would defer the vote on her Brexit deal. It had already fallen 1% earlier on reports of the delay, but fell further as Theresa May addressed Parliament. Sterling ...
Pound Sterling to Euro exchange rate struggles to climb
December 4th, 2018
After slipping last week on Brexit jitters, the Pound Sterling to Euro (GBP/EUR) exchange rate saw mixed movement when markets opened on Monday. Investors are reacting to the latest developments from the weekend’s G20 summit. Last week saw GBP/EUR ...
Pound Euro exchange rate recovers ground on poor German consumer confidence data
November 29th, 2018
The Pound Euro (GBP/EUR) exchange rate gained ground, and is currently trading at €1.1336, after the release of Germany’s poor Gfk consumer confidence figures dampened investor confidence in the single currency. The EUR was also hit after its initial ...
