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Pound Gains

Sterling shot past $1.30 on hopes that Prime Minister Theresa May will make progress in seeking changes to her Brexit deal with the European Union, although some traders struggled to explain the size of the move. After edging higher for much of the day, the pound then jumped in late European trading – rising almost […]

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19/02/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • February 19, 2019
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UK pay growth held at its fastest pace in a decade in late 2018 and job creation remained strong, official figures showed this morning, suggesting the labour market was staying buoyant ahead of Brexit. Total earnings, including bonuses, rose by an annual 3.4 percent in the three months to December, remaining at its fastest pace […]

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UK Wage Data Strong

UK pay growth held at its fastest pace in a decade in late 2018 and job creation remained strong, official figures showed this morning, suggesting the labour market was staying buoyant ahead of Brexit. Total earnings, including bonuses, rose by an annual 3.4 percent in the three months to December, remaining at its fastest pace […]

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11/02/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • February 11, 2019
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The exchange rates are listed at the bottom of this article. Please note they are for indication only. For a live quote please contact us. Britain’s economy slowed as expected in the final three months of last year, pushing growth in 2018 to its weakest in six years, as Brexit worries hammered investment into the […]

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UK GDP worst since 2012

Britain’s economy slowed as expected in the final three months of last year, pushing growth in 2018 to its weakest in six years, as Brexit worries hammered investment into the UK. Gross domestic product growth in the final quarter of 2018 fell to a quarterly rate of 0.2 percent from 0.6 percent in the previous […]

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08/02/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • February 8, 2019
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The exchange rates are listed at the bottom of this article. Please note they are for indication only. For a live quote please contact us. The pound has been volatile this week. It fell further yesterday after the BoE kept interest rates on hold and then strengthened when the central bank said rates will rise […]

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BOE sees weakest outlook since 2009

The pound has been volatile this week. It fell further yesterday after the BoE kept interest rates on hold and then strengthened when the central bank said rates will rise if an EU divorce deal is done. That was seen as somewhat hawkish a time when other major central banks have said they will hold […]

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07/02/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • February 7, 2019
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The exchange rates are listed at the bottom of this article. Please note they are for indication only. For a live quote please contact us. The pound has fallen fell below $1.29 for the first time in more than two weeks as dollar strength prompted traders to move to the side lines before a central […]

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Brexit Chaos Weighs On Sterling

The pound has fallen fell below $1.29 for the first time in more than two weeks as dollar strength prompted traders to move to the side lines before a central bank meeting and growing Brexit uncertainty. With a Brexit deal still not in the bag, the Bank of England’s rate-setters are expected to vote unanimously […]

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31/01/2018 – This Morning Exchange Rates

  • Posted by currencies in Rate Alerts
  • January 31, 2019
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The pound steadied this morning as Britain prepared to resume negotiations with the European Union over how to resolve the issue of Irish border arrangements after Brexit. Sterling has strengthened 4 percent this year due to a weaker dollar and expectations that Britain can avoid a no-deal Brexit. Even if May returns from Brussels empty-handed, […]

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