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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
GBP recovers against USD, EUR as global markets stabilise, eyes on impact on GBP of UK sanctions on Russia.
February 25,2022
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 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
Appetite for GBP dampened after BoE testimonies as BoE Gov warns market “not to get carried away”.
February 23,2022
UK economic rebound underpins GBP, as does Russia-Ukraine uncertainty. Outlook brightens as Johnson announces all remaining Covid laws to be scrapped.
February 22,2022
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