The Pound has recently hit the best exchange rate to buy Euros in eleven months but has subsequently come under pressure since the middle of this week.
Will the Bank of England raise interest rates twice this year?
The currency market is bracing itself for the Bank of England (BoE) to raise interest rates this May, but will there be further rate hikes in 2018?
CAD gains on Sterling following UK inflation data
Following the release of UK inflation data the Loonie has made gains against Sterling, as an interest rate hike from the Bank of England looks less likely.
Will Pound Sterling strength continue this week?
With the Pound currently riding high will this week’s events impact GBP exhange rates? How will the Bank of England react if unemployment data is poor?
GBP/EUR exchange rate hits 11 month high
The Pound has risen against the Euro (as well as many of the major currencies) and now sits at a 11 month high. This has presented a good opportunity for those buying Euros with Pounds.
Sterling rallies against the major currencies
GBP/EUR exchange rates touched a high of 1.1569, whilst GBP/USD rates reached 1.4246. The Pound is gaining in line with positivity around the UK economy.
Sterling maintains recent strength despite weaker economic data
The Pound has been supported over the last week despite a series of weaker economic data releases. With Brexit optimism seemingly stronger, the Pound has held it’s ground.
The GBP/EUR exchange rate breaches 1.15
For only the second time this year the GBP/EUR exchange rate has breached 1.15 today, providing a fantastic opportunity for those buying buying Euros with Sterling.
Has the Pound reached a peak?
With a series of less than impressive economic data releases for the UK, has the Pound reached it peak?
Will the Pound rise higher in April?
With UK economic data in the first week of April having been poor, most likely due to the weather in March, can the Pound strengthen in April?
Sterling holds on to its recent gains despite weak data releases
This week UK Manufacturing, Construction and Services PMI data have all disappointed, so why has Pound Sterling held it’s ground?
Will this Sterling strength continue?
The Pound has risen against many of the major currencies throughout March, but has now dropped off slightly from the highs of last week. What’s next for Sterling exchange rates?
Uncertain end to the month for Sterling exchange rates
With the most recent Brexit talks focused on the Irish border issue appearing to be unresolved, what could happen to Sterling exchange rates this week?
Positive week for Sterling finishes strong
The Pound has had one of the most positive weeks of 2018 as the GBP/EUR exchange rate reached the 1.15’s for the second time this year.
Pound supported by increased chance of May interest rate hike
With Average Earnings surpassing inflation this has provided further support for the Bank of England to look at raising interest rates in the near future. An interest rate hike in May now seems probable.
EU Summit Begins Today
We are expecting the Brexit transition period agreement to be rubber-stamped during the EU Summit today and tomorrow, which could see the Pound gain against the Euro.
Will the Pound keep heading north?
Sterling has had a very positive week, rising on expectations of a less disruptive Brexit, with the transitional period expected to be agreed, and a Bank of England that seems ready to raise interest rates in the coming months.
Sterling spikes as transitional Brexit agreement is reached
The Pound strengthened against all major currencies yesterday as news broke that the UK and EU had agreed the Brexit transitional period.
Draghi declares no rush for policy change
With the markets poised for a halt in Eurozone Quantitative Easing shortly have Mario Draghi and the ECB had a change of heart?
The Pound is making positive moves
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.
Rex Tillerson out as Secretary of State
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