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Market Update

The Bank of England left policy unchanged last week, but the pound jumped to $1.33 after Chief Economist Andy Haldane voted for an immediate rate rise. Markets attach about 70% probability to a UK policy rate hike in August, compared with 50:50 chance previously. The big surprise last week wasn’t that the government won a […]

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22/06/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • June 22, 2018
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Rates at the bottom of the article are for indication purposes only. Please contact us for live prices. The British pound gained significantly during the day yesterday, reaching above the 1.32 level comfortably against the Dollar. This was a reaction to the statement after the Bank of England kept interest rates on hold but a […]

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Pound gains after positive meeting

The British pound gained significantly during the day yesterday, reaching above the 1.32 level comfortably against the Dollar. This was a reaction to the statement after the Bank of England kept interest rates on hold but a vote for a hike by its chief economist heightened expectations that it could tighten policy at its next […]

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21/06/2018 – This Morning’s Exchange rates

  • Posted by currencies in Rate Alerts
  • June 21, 2018
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The rates are listed at the bottom of this article. These are for indication only, please contact us for live prices. Sterling rebounded from a seven-month low against the dollar and hit the day’s highs versus the euro on Wednesday after Prime Minister Theresa May won a crucial Brexit vote in parliament, averting a rebellion […]

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UK Rate decision today

Sterling rebounded from a seven-month low against the dollar and hit the day’s highs versus the euro on Wednesday after Prime Minister Theresa May won a crucial Brexit vote in parliament, averting a rebellion that could have undermined her authority. The pound’s gains were limited, however, with traders divided as to whether May’s victory would […]

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20/06/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • June 20, 2018
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The exchange rates are listed at the bottom of this article. Please note the rates are for indication only, for live quotes please contact us. The GBP/USD is trapped near recent lows close to 1.3150 ahead of today, with little impactful news on released today and continued Brexit confusion taking the wind out of buyers’ […]

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Sterling continues to fall this morning

The GBP/USD is trapped near recent lows close to 1.3150 ahead of today, with little impactful news on released today and continued Brexit confusion taking the wind out of buyers’ sails. There is no key or impactful events on the economic calendar, and the only event for the GBP side is the low-impact CBI Industrial […]

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19/06/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • June 19, 2018
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The exchange rates are listed at the bottom of this article. Please note the rates are for indication only, for live quotes please contact us. Sterling fell to a fresh 2018 low on Tuesday, as concerns about an escalation in the trade dispute between the world’s two biggest economies weighed on risk sentiment. With all […]

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Sterling continues to lose ground

Sterling fell to a fresh 2018 low on Tuesday, as concerns about an escalation in the trade dispute between the world’s two biggest economies weighed on risk sentiment. With all eyes focused on the Bank of England’s policy decision on Thursday, in which it is expected to unveil its monetary policy stance for the rest […]

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