Biden U.S. Vote

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

Johnson wins vote on 2nd national lockdown

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

Pound Sterling reached a two-month high against an underperforming Euro last week when major continental economies returned to lockdown, although another shutdown in the UK now threatens to weigh on Sterling this week and could send the Pound-to-Euro rate back toward the bottom of its recent range.

November 2,2020

Ursula von der Leyen

Pound Sterling defended a modest 0.65% weekly gain against the Euro heading into the weekend, aided by confirmation from the EU's most senior bureaucrat that post-Brexit trade negotiations are making progress.

October 30,2020

Lagarde

Will the European Central Bank's Christine Lagarde "rip up the script today" and deliver the kind of surprise that has the potential to shake Euro exchange rates?

October 29,2020

Erdogan as the Lira tumbles

Another day, and another fresh record high for the Pound and other major currencies against the embattled Turkish Lira, which continue to shed value against all its peers in light of a growing political crisis centred between Turkey's government and the European Union.

October 28,2020

The Pound

Analysts at foreign exchange specialists Argentex say there is scope for the Pound-Euro exchange rate to leap over the 1.20 barrier in the event of the EU and UK finally reaching a post-Brexit trade deal.

October 28,2020

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