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
- Growth in the UK economy shows no signs of abating, particularly if you look at the services sector
- Forecasts of a bottom to pound-euro and pound-dollar rate declines appear premature though as GBP sinks following industrial and manufacturing data disappointment.
The British pound (GBP) moved higher across global foreign exchange markets following the release of positive data from the UK economy on Tuesday only to then see gains reversed mid-week.
August 8,2014
The British pound (GBP) appears to be unwilling to restart its 2014 rally after a week of mixed data has traders uncomfortable with bidding the sterling complex higher.
August 7,2014
Are you holding out for a stronger US dollar exchange rate? If so, you may be in luck - we are predicting more gains in the USD in the near-term based on recent momentum.
August 7,2014
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