Pound Sterling today

The British Pound and Euro are looking oversold relative to the U.S. Dollar and can recover if investor fears concerning the Russia-Ukraine conflict begin to ease says analyst.

March 1,2022

Ukraine

The Pound to Euro exchange rate was threatening to go below the 1.19 marker ahead of the weekend as investor sentiment turned a corner for the better and aided the Euro but cost the Dollar recently gained value.

February 28,2022

Sterling among the underperformers in G10 FX basket, GBP reserve status, UK sanctions both key factors.

February 25,2022

Johnson call with G7 leaders

GBP recovers against USD, EUR as global markets stabilise, eyes on impact on GBP of UK sanctions on Russia.

February 25,2022

SWIFT payments

News that Boris Johnson is looking to have Russia ejected from the SWIFT payments section appears to have undermined Pound Sterling significantly.

February 24,2022

Russia invades Ukraine

Russia has launched a full scale invasion of Ukraine, sending markets hurtling lower as a worst-case scenario from a geopolitical risk perspective unfolds.

February 24,2022

Bailey committee appearance

Appetite for GBP dampened after BoE testimonies as BoE Gov warns market “not to get carried away”.

February 23,2022

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