Pound Sterling

The British Pound retains a soft tone ahead of the weekend with traders continuing to sell the currency in the wake of the Bank of England's decision to boost quantitative easing by £100BN and amidst a broadly softer global investor atmosphere.

June 19,2020

Bank of England and Sterling

The Bank of England increased the scale of its quantitative easing programme by £100BN it announced on June 18, taking the programme's total to £745BN.

June 22,2020

Bank of England easing

The British Pound will today take direction from the Bank of England which will announce the outcome of their latest policy meeting at 12:00 BST, with the market expecting another £100BN in quantitative easing to be announced.

June 22,2020

Bank of England

The Bank of England looms large on the horizon for the British Pound, with analysts expecting an increase in the quantitative easing programme to the tune of £100BN from the £200BN already announced back in March.

June 22,2020

Johnson talks with von der leyen

The British Pound has entered a short-term recovery phase over the course of the past 24 hours, thanks largely to a global stock market recovery and fresh signs of intent to secure a trade deal between the EU and UK.

June 22,2020

von der Leyen

The British Pound starts the new week softer against the Euro and U.S. Dollar as global investor sentiment maintains a grip on foreign exchange direction and markets await the outcome of a high-level meeting between UK Prime Minister Boris Johnson and European Commission President Ursula von der Leyen on the status of Brexit trade negotiations.

June 22,2020

Market slump

The British Pound shed significant value against the Euro, Dollar and Yen over the course of the past 24 as a global stock market sell-off accelerated into a third day, and how the currency ends the week will depend on whether the rout continues.

June 22,2020

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