Jan 30 2018 @ 05:22
Conservative discontent with Theresa May’s ability as a leader was once-again weighing on the pound yesterday. The pound is firmly in negative territory so far this morning. The GBP/EUR exchange rate has fallen -0.3% to €1.1332, while GBP/USD is down -0.6% to US$1.3991. GBP/AUD is stuck at opening levels of AU$1.7378, as is GBP/NZD at […]
Jan 23 2018 @ 05:32
The pound may have been slow out of the starting blocks yesterday, but it ended the day sharply on the rise as the approach of a key level for GBP/USD prompted markets to buy into Sterling. The pound is largely easing back after yesterday’s optimism. GBP/EUR has slipped to €1.1397, while GBP/USD has weakened to […]
Jan 17 2018 @ 06:19
A slowdown in UK inflation in December weighed upon the pound, keeping it flat versus some of its major peers. The pound starts today on soft form as well. GBP/EUR is trending at €1.1257, whilst GBP/USD has fallen -0.2% to US$1.3768. The GBP/AUD exchange rate is flat at AU$1.7310, GBP/NZD is stuck at NZ$1.8995, and […]
Jan 16 2018 @ 03:54
A focus on today’s data calendar, coupled with a lack of impactful domestic data from the UK, saw the pound largely trending in response to movements from its major peers yesterday. The pound remains soft this morning in anticipation of the imminent CPI release. Sterling is trading narrowly around opening levels, with GBP/EUR trending around […]
Jan 09 2018 @ 05:28
The pound was able to end the day on largely strong form, benefiting from weak Eurozone data. The pound begins the session on a weak footing this morning. GBP/EUR is flat at €1.1335, while GBP/USD has slipped -0.2% to US$1.3539. GBP/AUD has dipped into negative territory, falling to AU$1.7277, GBP/NZD has dropped -0.3% to NZ$1.8856, […]
Dec 19 2017 @ 05:43
Signs that the UK government was knuckling down and formulating its plans for Brexit helped push the pound higher yesterday. GBP/EUR is trading in the region of €1.1333, GBP/USD is fluctuating around US$1.3391, GBP/AUD is holding steady at AU$1.7416, GBP/NZD is on the cusp of NZ$1.9101, and GBP/CAD is in the region of C$1.7219. For […]
Dec 18 2017 @ 06:17
The UK was given the green light on Friday to move ahead to the next phase of Brexit negotiations, but the pound was on poor form. The pound starts the week on a mixed footing today, with Sterling’s performance so far more positive than negative. GBP/EUR is stuck around opening levels at €1.1333, while GBP/USD […]
Nov 07 2017 @ 05:12
What’s been happening? The pound was able to climb steadily throughout the day yesterday, with markets sensing that perhaps the sell-off following last week’s Bank of England (BoE) news had been overdone. Sterling weakened to such a point that it became an attractive opportunity again, which saw markets piling back into the pound despite worrying […]
Sep 21 2017 @ 04:42
Unexpectedly strong UK retail sales boosted the pound yesterday, as markets eagerly awaited the results of the latest Federal Reserve monetary policy meeting. GBP/EUR is starting today at €1.1353, while GBP/USD has inched up to US$1.3508 – a move that may not last given the positivity surrounding the Fed’s latest comments. GBP/AUD has soared 0.9% […]
Sep 19 2017 @ 05:23
The row over claims the UK could benefit from Brexit to the tune of £350 million per week was reignited again yesterday, weighing on Sterling as further signs of disarray in the government were revealed. The pound is starting today on a mixed footing, with GBP/EUR having fallen -0.3% to €1.1270 while GBP/USD has climbed […]