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Currency News

Markets Fluctuate as Investors Digest Global Inflation Reports while Risk-Sentiment Rises

Written by David Bayliss on Thursday, April 18, 2019. Currency News - Sterling / EUR

Pound News: Sterling Remains Unappealing as UK Inflation Fails to Impress Due to reports that cross-party talks are stalling, hopes of a quick resolution to Britain’s Brexit deadlock have faded and this has left the Pound unappealing overall this week. As a result, the British currency saw limp movement yesterday. Sterling saw no notable shift…(read more)

Central Bank Comments Limit Currency Market Movements

Written by Jack Wiles on Wednesday, April 17, 2019. Currency News - Sterling / EUR

Pound News: Sterling Movement Limited by Stalling Brexit Talks After a slight rebound from last week’s losses on Monday, the Pound’s movement was more mixed and modest yesterday as investors took a break from the currency. Volatility in the Pound has dropped to its lowest levels in 16 months since the Brexit delay was announced,…(read more)

Sterling Bounces Back from Brexit Woes While US Dollar Sinks

Written by Joe Mayhew on Tuesday, April 16, 2019. Currency News - Sterling / EUR

  Pound News: Pound Rebounds after Week of Brexit Uncertainties Amid a lack of major developments yesterday, the Pound rebounded slightly as investors digested last week’s news and prepared for the week ahead. While last week’s news of a six-month Brexit delay left investors concerned about further months of economic uncertainty in Britain, some investors…(read more)

GBP/AUD Exchange Rate Slides despite Brexit Delay

Written by Alastair Archbold on Monday, April 15, 2019. Currency News - Sterling / AUD

Last week’s high: AU$1.8428 Last week’s low: AU$1.8246   Pound Volatility Fades as UK Avoids No-Deal Brexit, for Now Trade in the Pound Australian Dollar exchange rate was notably more subdued last week, with the pairing not experiencing the dramatic swings seen in recent weeks as Brexit was delayed by another six months. However despite…(read more)

GBP/USD Struggles to Recover Ground in Spite of Brexit Extension

Written by Alastair Archbold on Monday, April 15, 2019. Currency News - Sterling / USD

Last week’s high: $1.3118 Last week’s low: $1.3000   Fresh Brexit Deadline Extension Offers Limited Support to GBP/USD Exchange Rate Anxiety over Brexit saw the GBP/USD exchange rate remain under pressure last week, even after EU leaders agreed a fresh extension of the exit deadline. While the Article 50 deadline was pushed back to the…(read more)

Longer Brexit Delay Leaves Pound to Euro Weighed by Uncertainty

Written by Alastair Archbold on Monday, April 15, 2019. Currency News - Sterling / EUR

Last week’s high: €1.1637 Last week’s low: €1.1554   GBP/EUR Strength Limited as Brexit Delay Leaves Pound Outlook Cloudy While demand for the Euro wasn’t particularly strong for most of last week, the Pound to Euro exchange rate still fell as the latest Brexit developments were unsurprising, but left the Pound with little in the…(read more)

Brexit Delay Offers Sterling Limited Relief While Central Bank News Drives Rivals

Written by Alastair Archbold on Thursday, April 11, 2019. Currency News - Sterling / EUR

Pound News: Pound Climbs as Brexit Delay to October is Agreed Despite a Brexit delay meaning a longer period of uncertainty for the whole process and Britain’s economic outlook, investors were still relieved when the latest delay was agreed as it meant that a no-deal would be avoided, for now. The UK and EU agreed…(read more)

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