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Bank of England Exchange Rate History

Bank of England

GBP LIVE TODAY

Pound-Dollar Rate Pumeled as Euro Rallies and Greenback Dives into Weekend with S&P 50…

23 October, 2020 |

Pound Sterling was pummeled and the Euro lifted sharply in a volatile as well as noisy final session of the week, while the Dollar and U.S. stocks came under pressure with barely more than a week to go before a landmark election that's key to the outlook for all exchange rates in the weeks and months ahead. 

GBP LIVE TODAY

France said to Soften Stance on Fishing

23 October, 2020 |

It is reported Friday that France is preparing to give ground on the matter of one of the main outstanding issues preventing negotiators from striking a post-Brexit trade deal: fishing.

GBP LIVE TODAY

Pound Sterling Retraces Recent Gains against Euro and Dollar, Barnier says Greatest Challe…

23 October, 2020 |

The British Pound went sharply higher against all major currencies mid-week when it was announced on Wednesday the EU and UK had agreed to intensify trade negotiations, however there has since been no follow-through upside to that initial spurt suggesting a market that remains cautious of unwelcome surprises.

GBP LIVE TODAY

Pound Bought against Euro & Dollar on Intensification of Brexit Trade Negotiations

22 October, 2020 |

The British Pound recorded its strongest daily gain against the U.S. Dollar, Euro and other major peers since March amidst an upsurge in optimism that the EU and UK were headed towards a post-Brexit trade deal.

USD

Pound-Dollar Week Ahead Forecast: Resisting Gravity as Brexit Optimism Builds and Charts P…

25 October, 2020 |

The Pound-to-Dollar exchange rate unravelled in the final moments of last week but could resist gravity over the coming day given nearby technical support levels, a bullish setup on the charts and seemingly improved odds of a Brexit trade deal, although the Dollar outlook itself is a bit of a wild card. 

USD

Dollar Spiral Seen Aided by Loss of Energy Independence, Tax Hikes and Fed Policy in 2021

22 October, 2020 |

The Dollar Index lifted off three-month lows on Thursday but the greenback’s downward spiral is a long way from over, according to BMO Capital Markets forecasts, with threats to U.S. energy independence, rising deficits and onerous tax policy all seen encouraging further depreciation in 2021. 

USD

Washington's Stimulus Matters Most to the U.S. Dollar as CARES Act Still Backstops Economy…

21 October, 2020 |

The Dollar unravelled again as U.S. government bond yields hit three month highs on Wednesday, with expectations of further largesse in Washington counted among the drivers of declines for a currency that may have more at stake in the battle for further stimulus than even the economy does.

USD

U.S. Dollar Outlook: 'Blue Wave' Now Unlikely says Saxo

20 October, 2020 |

Analysts have been drawing caution on an assumption that the Democrats will secure a coveted 'blue wave' outcome to the November election, an outcome that financial markets could be guilty of assuming as a forgone conclusion.