exchange rates

Pound Sterling appears to have finally broken through a key level of resistance against the Euro after the Pound-to-Euro exchange rate closed above 1.16 on Tuesday, February 27.

February 27,2019

May impact exchange rates

Pound Sterling has pushed higher towards the top of a medium-term range against the Euro on news flow that suggests the likelihood of a 'no deal' Brexit is becoming increasingly remote.

February 27,2019

The Pound was the G10 universe's best performing currency last week but it could face fresh losses during the days ahead if MPs are not succesful in convincing the market they have neutralised the growing risk of a no deal Brexit, according the analysts at Rabobank. 

February 25,2019

May before parliament

Pound Sterling is consolidating against the Euro with the Pound-to-Euro exchange rate quoted at 1.1520 at the start of the new week, if we look at the below chart we can see the pair has been more-or-less unchanged for four consecutive days of trading now.

February 25,2019

Pound Sterling week ahead

Technical studies are broadly in favour of further advances in Pound Sterling over coming days, however a potentially significant week of parliamentary votes could well trigger sizeable and unforseen moves in the UK currency.

February 25,2019

Tusk and May meeting

Pound Sterling has given back some of this week's strong advance against the Euro over recent hours with the exchange rate paring back to 1.1480 ahead of a key meeting between Prime Minister Theresa May and European Council President Donald Tusk on Sunday.

February 22,2019

Juncker and May will be central to Sterling's day

Pound Sterling is the best-performing major currency of the past 24 hours, rallying as markets sense potential movement in Brexit negotiations.

February 20,2019

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