by Christopher Nye | Aug 7, 2026
At the end of a quiet week for sterling with little movement, the value of your pounds overseas will be subject to economic news from the other side of the Atlantic today and next week. Global exchange rates are likely to be affected by a key jobs report from the USA...
by Ryan Morrison | Aug 6, 2026
The pound and the euro are both on steadier ground this morning, and the reason is the same on either side of the Channel. A batch of business surveys published yesterday showed British and European companies growing again after a soft spring. Britain’s turn was...
by Ryan Morrison | Aug 5, 2026
The pound edged higher against a softer dollar yesterday and is sitting close to its best against the euro in a year, but it is not really in charge of its own day. That job belongs to a stretch of water in the Gulf, and to whether Washington can deliver the deal it...
by Christopher Nye | Aug 4, 2026
It was a sea of red for sterling on the exchanges yesterday. Although the losses were small, against the euro they have been adding up. This was despite, or even because of the geopolitical news being good yesterday. Oil price falls on the back of cooling Iran-USA...
by Christopher Nye | Aug 3, 2026
Sterling begins the week having stopped its recent slide against the euro and gaining momentum against the US dollar. The overall positive backdrop for sterling exchange rates was three Bank of England policymakers voting to raise rates on Thursday. This was a...
by Christopher Nye | Jul 31, 2026
The Bank of England (BoE) elected to hold interest rates at 3.75% yesterday, following on from the US Federal Reserve which also held on Wednesday evening. The pound then strengthened against the US dollar by close to 1% and against the euro by around 0.25%. The euro...
by Ryan Morrison | Jul 30, 2026
The pound has slipped against a firmer dollar this morning and is holding its ground against the euro, but its day really starts at noon. That is when the Bank of England makes its biggest call of the summer, and it does so with oil back on the boil and the...
by Jonathan Cook | Jul 29, 2026
The pound slumped to its lowest level in three weeks against the euro on Tuesday ahead of the Bank of England’s interest rate decision tomorrow lunchtime. In what was a topsy-turvy day for currency markets, the euro powered ahead on more positive diplomatic signals...
by Jonathan Cook | Jul 28, 2026
Sterling weakened against the US dollar and the euro at the start of a jampacked week featuring significant economic, political and central bank events. Before all of that, the energy crisis was once again the big story on Monday. The weekend pause in hostilities to...
by Christopher Nye | Jul 27, 2026
Compared to a month ago, sterling is looking good against the euro at 1-1.5% above where it spent most of last year. However, the past week to ten days has seen it drift, as the markets rethought the Burnham bounce and, perhaps more relevantly, war in the Middle East...
