Search Results for: Pound
Rollercoaster Pound Sterling ride
October 2nd, 2020
After an early slide, Sterling was subjected to high volatility as reports of a potential landing zone for level playing field and fisheries issues were quickly denied by EU sources. Sterling ended the European session with limited net losses ...
UK Pound momentum strong, Euro jumps Vs U.S. Dollar overnight
September 1st, 2020
The British Pound to Dollar exchange rate (GBP/USD) enjoyed another strong day on Monday as Sterling bulls continued to push on. Adding some extra fuel to the fire, Cable was able to post a rally in the Asian session ...
The pound’s future in a dollar collapse
July 28th, 2020
In recent articles for Goldmoney I have pointed out the dollar’s vulnerability to a final collapse in its purchasing power. This article focuses on the factors that will determine the future for sterling. Sterling is exceptionally vulnerable to ...
Pound gains as dollar struggles
June 25th, 2020
Sterling gained on Thursday as traders bought back into the currency following its recent run lower, although worries about a second wave of COVID-19 infections and negotiations over a Brexit deal kept the rebound in check. Analysts said there ...
Euro to Pound Sterling exchange rate slips
June 18th, 2020
While the Euro (EUR) outlook remains fairly appealing, the Euro to Pound Sterling (EUR/GBP) exchange rate slipped again today. A lack of fresh support for the Euro in recent sessions, combined with a recovering US Dollar (USD), made it ...
Pound Sterling higher against Euro and Dollar
May 7th, 2020
The British Pound went higher on Thursday after the Bank of England opted to keep interest rates and its quantitative easing programme unchanged, a decision that might have surprised some market participants that were looking for more easing to ...
Dollar slips against commodity currencies; the euro was down against the pound
April 23rd, 2020
The dollar slipped against the currencies of oil-producing states on Thursday, giving up earlier gains as a bounce in crude prices gave succour to markets shaken by the massive coronavirus-induced drop in demand. As Brent crude surged on signs ...
Pound Sterling to Euro exchange rate jittery as UK public heads to the polls
December 12th, 2019
Fresh polls indicating a Conservative Party majority is uncertain came in yesterday, leading to fresh Sterling (GBP) jitters and knocking the Pound to Euro (GBP/EUR) exchange rate further away from its best levels. Despite the uncertainty though, investors have ...
Pound surges to two-year high against the euro
December 5th, 2019
Sterling has jumped after opinion polls suggested the UK would avoid a hung parliament after next week’s election. The pound reached a seven month high against the dollar and its highest level against the euro since May 2017. The ...
Pound’s gains erased amid Brexit deal jitters
October 17th, 2019
The rally in the pound triggered by news of a Brexit agreement has failed to last following concerns that the deal could still be scuppered. Sterling had surged to a five-month high against the dollar, coming close to $1.30, ...
