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UK CPI & RPI Weaker

Sterling drops notably just after September consumer inflation data came in lower than expected. Headline CPI slowed to 2.4% yoy, down from 2.7% yoy and missed expectation of 2.8% yoy. Core Inflation slowed to 1.9% yoy, down from 2.1% yoy and missed expectation of 2.1% yoy. The ONS noted that “The largest downward contribution to […]

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15/10/2018 – This Afternoon’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • October 15, 2018
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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. Sterling held near a one-week low today as Brexit negotiations appeared to have stalled before a crucial European Union summit later this week. Negotiators from both sides have been locked […]

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Brexit Negotiations Stall

Sterling held near a one-week low today as Brexit negotiations appeared to have stalled before a crucial European Union summit later this week. Negotiators from both sides have been locked in talks this week to overcome differences on the biggest outstanding hurdle to a deal – how to keep the UK frontier with the Irish […]

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12/10/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • October 12, 2018
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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. Sterling rose against a weaker dollar on Thursday on hopes of a Brexit deal, but concern among investors about the Ireland border issue kept gains in check. Hopes are building […]

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Pound Euro Could Hit 1.1970

Sterling rose against a weaker dollar on Thursday on hopes of a Brexit deal, but concern among investors about the Ireland border issue kept gains in check. Hopes are building that a trade deal between the European Union and Britain can be struck before an EU summit on Oct. 18. The pound has risen for […]

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11/10/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • October 11, 2018
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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. On Wednesday Sterling rose half a percent after European Union Brexit negotiator Michel Barnier signalled progress on a deal with the UK over its withdrawal from the bloc, as well […]

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Barnier Throws Spanner In The Works

On Wednesday Sterling rose half a percent after European Union Brexit negotiator Michel Barnier signalled progress on a deal with the UK over its withdrawal from the bloc, as well as on the crucial Irish border question. Barnier said 80-85 percent of the withdrawal deal was agreed. However, this morning the pound has dropped by […]

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10/10/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • October 10, 2018
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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. Sterling hit a new high versus the euro and added to recent gains against the dollar this morning on optimism that Britain and the European Union can agree a Brexit […]

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Pound Gains As Brexit Deal Gets Closer

Sterling hit a new high versus the euro and added to recent gains against the dollar this morning on optimism that Britain and the European Union can agree a Brexit deal soon. Britain’s ITV News reported late on Tuesday that the two sides had made progress in negotiations over an Irish border backstop, a key […]

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09/10/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • October 9, 2018
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Today has a very light data calendar with nothing of note in the UK or the Eurozone. The main focus will be UK politics and in particular Brexit negotiations. However, as yesterday’s meeting between Brexit Minister Raab and EU Chief Negotiator Barnier did not go ahead, it suggests they are still some way from a […]

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