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British Pound Today: May's Florence Brexit Pivot Could be a Game-Changer for GBP vs Euro and US Dollar

British Pound Today: May's Florence Brexit Pivot Could be a Game-Changer for GBP vs Euro and US Dollar


Prime Minister Theresa May’s speech in Florence Friday could bring about a renewed boost for the British Pound and mark a broader turning point in the Brexit-related narrative around Sterling.

Euro

Pound to Euro Latest

1.1309▼

-0.4%

Previous Close:

1.1369

Today's High:

1.1375

Today's Low:

1.1306

US Dollar

Pound to US Dollar Latest

1.356▼

-0.15%

Previous Close:

1.3576

Today's High:

1.3595

Today's Low:

1.3556

Australian Dollar

Pound to Australian Dollar Latest

1.702▼

-0.69%

Previous Close:

1.7107

Today's High:

1.7167

Today's Low:

1.702

New Zealand Dollar

Pound to New Zealand Dollar Latest

1.8499▼

-0.74%

Previous Close:

1.8576

Today's High:

1.8658

Today's Low:

1.8496

South African Rand

Pound to South African Rand Latest

17.8522▼

-0.85%

Previous Close:

18.0098

Today's High:

18.0571

Today's Low:

17.848

Canadian Dollar

Pound to Canadian Dollar Latest

1.6634▼

-0.53%

Previous Close:

1.6731

Today's High:

1.6743

Today's Low:

1.6634

Latest British Pound News

GBP LIVE TODAY

Pound Sterling Rises vs Dollar, Euro and G10 as Details of May's Florence Speech are Drip-…

21 September, 2017 |

Talk of a the UK Government uniting around a fixed settlement fee to be paid to the EU and the need for a two year transitional deal appear to have aided Pound Sterling higher.

GBP LIVE TODAY

E.U. to Accept May's Brexit-Bill Offer in Order to Keep London's Finances Flowing say Gold…

20 September, 2017 |

“The EU-27 has a financial and an economic incentive to accept that proposal. The EU-27 will face a financial shortfall without it" - Andrew Benito, aGoldman Sachs.

GBP LIVE TODAY

Pound Stretches Legs vs Dollar and Euro as UK Retail Sales Beat Expectations, Cement Case …

20 September, 2017 |

"Today’s retail sales figures indicate that consumers are showing an impressive resilience in the face of the ongoing real pay squeeze" - Ruth Gregory, Capital Economics.

GBP LIVE TODAY

Pound Sterling Forecasts vs US Dollar + Euro Upgraded at Investec

19 September, 2017 |

A rate hike is almost certainly on the cards for November, says Investec, but the outlook beyond here has become more clouded.

GBP/EUR: News and Forecasts

EUR

Euro PMI Blowout: Pound-to-Euro Exchange Rate Slides

22 September, 2017 |

Friday’s Eurozone data and central bank speak comes ahead of a pivotal moment in the Brexit negotiations.

EUR

British Pound Today: May's Florence Brexit Pivot Could be a Game-Changer for GBP vs Euro a…

22 September, 2017 |

Prime Minister Theresa May’s speech in Florence Friday could bring about a renewed boost for the British Pound and mark a broader turning point in the Brexit-related narrative around Sterling.

EUR

Pound Sterling Rally vs Euro Hit by Significant Resistance, Euro a 'Buy on Dips' says Stra…

21 September, 2017 |

Pound Sterling’s rally against the Euro is about to be tested by a key level that could thwart further advances.

EUR

Handbrake Pulled on Euro's Rally as Equity Investors Now Seek Hedges

20 September, 2017 |

Unhedged demand for Eurozone stocks has been a significant driver of Euro gains during the summer months but an increase in hedging could soon become a headwind.

GBP/USD: News and Forecasts

USD

The Dollar-Neutral Federal Reserve is Playing the Long-Term Game

22 September, 2017 |

US Federal Reserve maintains a steady and Dollar-Neutral approach to interest rate rises that is unlikely to be swayed by near-term fluctuations in the data pulse.

USD

No Game-Changer for the US Dollar: Reactions to the Federal Reserve's September Update

21 September, 2017 |

  The FOMC as good as announced a December rate hike in Wednesday's statement but cuts to its projections for longer term rates might weigh on the Dollar beyond the short term.

USD

Pound-to-Dollar Reverses on US Federal Reserve Event, Key Resistance Levels Pause Advance

21 September, 2017 |

While the GBP/USD outlook remains broadly positive, time for consolidation, triggered in part by the US Fed and technical resistance levels, appears to be in order.

EUR/USD: News and Forecasts

Euro to Dollar

Euro Forecast to Substantially Overshoot Fair-Value vs US Dollar

21 September, 2017 |

New research shows the Euro-to-Dollar exchange rate is liable to shoot above its fair-value level over coming months, and stay overvalued for a considerable period of time.

Euro to Dollar

Dollar's Rally Against Euro to be Ephemeral, Say Analysts

20 September, 2017 |

The Dollar rose a cent against the Euro after yesterday’s FOMC but those hoping for a reversal of the trend and a major recovery may be disappointed.

Euro to Dollar

Euro-to-Dollar Technical Forecast, Events and Data to Watch in the Coming Week

17 September, 2017 |

The Euro to US Dollar pair is correcting back in the midst of a strong uptrend as we enter a new week of trading.

Euro to Dollar

BofA Sees EUR/USD At 1.15 Before Year Is Out, Says To Buy Dollar Dips

15 September, 2017 |

An onward march from the Fed, a dovish ECB and recent flow data mean the greenback goes higher and EUR-USD comes down.

GBP/AUD: News and Forecasts

AUD

Australian Dollar Slips as RBA Governor Lowe Signals Little Appetite to Join Global Race t…

21 September, 2017 |

Household debt levels are a key concern for RBA policy makers, while a strong exchange rate could also scupper a hike, but strategists say rates will still rise in 2018.

AUD

Australian Dollar is Day's Best Performer as RBA Minutes Strike Sanguine Tone on Currency …

19 September, 2017 |

One economist doubts whether RBA optimism will mean a rate hike any time soon, while another questions whether policy makers are really that optimistic at all.

AUD

Pound / Australian Dollar: Technical Forecast and Events to Watch in the Coming Week

17 September, 2017 |

The Pound to Australian Dollar surged higher at the end of last week after the Bank of England (BOE) said it was considering raising interest rates sooner than expected by markets.

AUD

GBP/AUD: With A Perfect Storm Gathering Overhead This Pair Could Go Higher

15 September, 2017 |

Market doubts over the Reserve Bank of Australia's position could push the Pound-to-Australian-Dollar rate higher still.

GBP/NZD: News and Forecasts

NZD

New Zealand Dollar Advances on Pound as New Poll Confirms Voters Leaning to "Safe Han…

20 September, 2017 |

A National Party victory means a continuation of the status quo and, according to strategists, will remove the risk premium that has been built into NZ FX and fixed income of late.

NZD

Countdown to the New Zealand Election: Views and Potential New Zealand Dollar Reactions

19 September, 2017 |

The most likely outcome of the election is a coalition between the largest party, the Nationals, NZF and ACT - and on the margin this would be the better outcome for the New Zealand Dollar.

NZD

Pound / New Zealand Week-Ahead: 'Hot Dog' Setup Identified on the Charts

17 September, 2017 |

The Pound drove the GBP/NZD higher in the previous week, as there was little data to impact on the New Zealand Dollar (Kiwi), and several events which pushed up the Pound.

NZD

Further Downside Ahead For The New Zealand Dollar After Latest Election Polls

14 September, 2017 |

Latest polls mark a continuation of a summer-long trend and raise the spectre of RBNZ reform and a host of other risks.

GBP/CAD: News and Forecasts

CAD

Canadian Dollar Shaken by BoC Threats on Currency Value

19 September, 2017 |

All BoC meetings are now "live" for a rate move, according to one strategist, while all speeches now carry the risk of FX volatility.

CAD

Pound / Canadian Dollar: 5-Day Technical Forecast, News, and Events Over the Next Five Day…

17 September, 2017 |

The Pound-to-Canadian Dollar has risen strongly since the Bank of England (BOE) rate meeting on Thursday, which resulted in the Sterling half of the pair strengthening.

CAD

Pound-to-Canadian Dollar Rate: Week-Ahead Forecast, News and Data for the Coming Week

10 September, 2017 |

 The Canadian Dollar (Loonie) keeps powering higher based on a positive fundamental outlook for the economy, and this has had the effect of pushing the GBP/CAD pair lower.

GBP/ZAR: News and Forecasts

ZAR

Pound / Rand Exchange Rate Hits One-Year Best, 19.00’s Possible Suggest Technical Studies

20 September, 2017 |

The Pound-to-Rand exchange rate can still rise higher suggest our latest technical studies while we watch central banks for fundamental guidance.

ZAR

The Next Quarter Could Get Messy For The Rand Say Treasury Professionals

12 September, 2017 |

“This quarter has the potential to be the most volatile one for the year and could be a bumpy ride towards Christmas.”

ZAR

South African Rand at Risk of Further Near-Term Losses vs the Pound

11 September, 2017 |

A surprise 2.5% boost to second quarter growth was not enough to support the South African Rand last week, which ended Friday lower against the Pound.