Sunak and support packages

The British Pound endured notable losses against the Euro and Dollar in the week ending March 20 and how the currency trades over coming days will reflect the market's response to the government's gargantuan fiscal support package announced late on Friday.

March 21,2020

Foreign exchange

The British Pound was the top performing major currency ahead of the weekend, recording big-figure percentage gains against the Euro, Dollar, Yen, Franc and Dollar-bloc currencies amidst a decided improvement in investor sentiment.

March 24,2020

Pound Sterling exchange rates

The British Pound has recovered some ground against the Euro, Dollar and other 'safe haven' currencies over the course of the past 24 hours, thanks to stabilisation in global markets and a decision to slash interest rates and boost quantitative easing at the Bank of England.

March 20,2020

Pound note

The British Pound went higher against the Euro, Dollar and other major currencies on Thursday afternoon following a surprise decision by the Bank of England to cut interest rates and boost its quantitative easing programme.

March 23,2020

Pound meltdown

The British Pound has plummeted to its lowest level against the U.S. Dollar since 1985 as a sell-off that started in late February continues virtually uninterrupted, but the move has caught the attention of the new Bank of England Governor Andrew Bailey.

March 18,2020

Sunak and Johnson

Forget Brexit, the Coronavirus market meltdown and ensuing recession will deliver record lows for Sterling against the Euro and U.S. Dollar.

March 18,2020

Bailey

The British Pound has suffered substantial losses in value against the Dollar, Euro and the majority of the world's major currencies amidst rising expectations that the Bank of England will introduce a fresh batch of quantitative easing in the near-future.

March 17,2020

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