The Pound strengthened against all major currencies yesterday as news broke that the UK and EU had agreed the Brexit transitional period.
Latest Currency News
With the markets poised for a halt in Eurozone Quantitative Easing shortly have Mario Draghi and the ECB had a change of heart?
The Spring Statement has given the UK economy a more positive outlook, which in turn has boosted the Pound against many of it’s currency counterparts.
The Dollar was down today as Donald Trump today fired another member of his Government. This time the Secretary of State, Rex Tillerson was replaced
The focus for Sterling exchange rates today will be on Philip Hammond’s Spring Statement which is expected to be unveiled at 12:30pm.
The Pound shot up this afternoon following rumours that the UK and EU negotiating teams are close to agreeing a Brexit transition deal.
It has been a gripping week for financial investors. Donald Trump’s ‘trade wars’ have arguably stolen the headlines by signing an order to raise the Aluminium and Steel import tariffs.
Sterling exchange rates are looking even more range bound, with uncertainty continues to surround the future outcome of Brexit.
US President Donald Trump is expected to sign an agreement to introduce tariffs on Aluminium and Steel. Is this the start of a US trade war with Europe and China?
As the Pound dips on rumours surrounding the Financial Services sector’s access to the single market, Theresa May and Philip Hammond are speaking with officials from some of Europe’s largest employers in the UK about the UK’s post-Brexit relationship.
The US Dollar has suffered against the Euro and the Pound today as Donald Trump continues his offence against what he deems as poor trade agreement.