The British Pound has reversed some of its recent gains against the Euro and Dollar but is higher against the risk-on currencies such as the Australian Dollar and Swedish Krona as global stock markets and equities endure another day of selling pressure.
June 22,2020
The British Pound has hit a new three-month best against the U.S. Dollar in mid-week trade thanks to a recovery in investor sentiment, with a recovery also being seen against the Euro that takes it back above 1.12.
June 10,2020
The British Pound's is in a short-term recovery sequence that has seen it back above 1.27 against the Dollar and 1.12 against the Euro, with one analysts saying there remains potential for further near-term gains.
June 9,2020
The British Pound started the week on a positive footing against both the Euro and Dollar, with the GBP/USD at its highest daily opening since March 12 and the GBP/EUR exchange rate recording its highest daily opening since May 15.
June 8,2020
A surprising U.S. employment report that showed the U.S. economy actually added jobs over the course of May and news that the EU and UK remain committed to further trade negotiations served up a dose of optimism for Pound Sterling bulls to latch onto ahead of the weekend.
June 5,2020
The British Pound is being tipped to retain a subdued tone ahead of the weekend, amidst reports that the ongoing final round of EU-UK trade negotiations will see both sides declare they remain far apart on key issues after talks close later on Friday.
June 5,2020
The British Pound retains a bullish tone as markets move through the mid-week trading session with the UK currency holding above the 1.12 and 1.25 levels against the Euro and Dollar respectively.
June 3,2020
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