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…
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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…
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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…
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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.…
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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…
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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%…
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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…
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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.
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