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Pound Sterling has pared earlier declines against the Euro and may draw support in the coming week from an acceleration of Britain's coronavirus vaccination programme, although international factors and Bank of England (BoE) monetary policy may also be important themes.
January 11,2021
The British Pound has edged higher against the Euro on Thursday, but a reading of the broader foreign exchange landscape suggests the gains have more to do with a broader-based pullback in the Eurozone's single currency as opposed to Sterling-specific strength.
January 7,2021
Pound Sterling shed a further third of a percent to reach 1.1040 as the currency added to its 2021 losses, with investors turning focus away from Brexit politics to the country's significant covid-19 crisis.
January 6,2021
The British Pound fell against the Euro and other major currencies as the tightening of restrictions to prevent the spread of covid-19 lead markets to bet the Bank of England would soon cut its base interest rate to below 0%.
January 5,2021
The Pound-to-Euro exchange rate is on course to end the year at six-month highs around 1.13 as the House of Commons gives an in-principle approval to Britain's Brexit deal, which will birth a new era in UK-European relations while also carving out a permanent place for Brexit-related matters in domestic politics.
December 27,2020
The Pound-to-Euro exchange rate popped higher and then fizzled on Wednesday following reports that a Brexit trade agreement has been reached between Britain and the European Union, with the tepid response potentially reflecting uncertainties about the agreements' contents and its path toward ratification.
December 23,2020
Pound Sterling lost ground against the Euro, Dollar and other major currencies amidst a fresh update on post-Brexit trade negotiations.
December 22,2020
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