The latest monthly data from payments engine SWIFT has shown payments in euros for October was larger than the amount of payments made in dollars, however the dollar still outstripped the euro when it came to international monetary transactions.
November 19,2020
The Pound-to-Euro rate enters the new week near two-month highs ahead of an important Brexit deadline but with trade talks between the two sides still deadlocked while mixed messages emanate from the charts, the outlook is balanced on a knife edge.
November 16,2020
Pound Sterling's rally against the Euro - in place since September - has paused, amidst a combination of technical resistance to the move as well and rising tensions as post-Brexit trade negotiations enter their final and most crucial phase.
November 12,2020
The Pound-to-Lira exchange rate slumped an eye-watering 5% on Monday as markets grasped news of significant personnel changes in the upper echelons of Turkish finance, moves that have apparently been welcomed by markets.
November 9,2020
The Pound-to-Euro exchange rate could be liable for further underperformance this week as the U.S. election outcome casts doubt over the UK's prospect of securing a trade deal with the world's largest economy while raising the stakes in the Brexit talks just as a key deadline draws near.
November 9,2020
The British Pound traded softer against the Euro and Dollar in the mid-week trading session as investors levelled bets on the UK currency in light of ongoing uncertainty in the U.S. election, which is proving to be the premier driver of foreign exchange market action.
November 5,2020
The British Pound retreated from a seven month high against the Euro at the start of November despite news that the UK and EU are looking set to reach a mid-month deadline to reach a post-Brexit trade agreement.
November 12,2020
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