The British pound (GBP) has taken a hard knock on global exchange rate markets following the release of soft UK wage growth data and the Bank of England Quarterly Inflation Report (QIR) which pushed back expectations on an interest rate rise. Hefty losses have been witnessed against both the euro (EUR) and US dollar (USD).
August 15,2014
The pound sterling exchange rate complex (GBP) has endured a negative bias over recent weeks and it appears the outlook for the remainder of August will deliver more of the same.
August 13,2014
Are you on the lookout for the best exchange rates on the market? While choosing the right currency provider is key, timing your transaction is arguably the most important, and indeed hardest, decision in the process.
August 12,2014
The pound sterling (GBP) came under significant selling pressure against the euro in the second week of August.
However, a relief rally is starting to shape up as buyers come back into the market at discounted levels.
August 12,2014
Exchange rate markets saw volatile trading patterns extend into the close of the week with the pound euro exchange rate (GBP/EUR) unexpectedly falling a quarter of a percent in the final session.
August 9,2014
Research on the question of currency in the Scottish referendum debate continues to rage, just weeks ahead of the referendum.
Deutsche Bank have looked at the many scenarios presented on the currency front and have interesting suggestions on how a brand new Scottish currency would perform.
August 19,2014
The pound sterling (GBP) continues its roller-coaster week - just when we thought the 2014 rally was re-establishing itself the UK currency is hit by fresh losses. As we head into the final session of the week it would seem the soft patch in GBP is likely to continue.
August 8,2014
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