Pound Sterling Under Pressure as the Herd Moves Against Starmer
The British pound is down as markets factor in growing political instability.
The British pound is down as markets factor in growing political instability.
Seasonality and politics are against the pound.
More →Official daily exchange rates from 1971 to today: Bank of England, ECB and interbank sources.
Bank of England trade-weighted sterling effective exchange rate index (Jan 2005 = 100)
A reading above 100 means the currency is expensive relative to its long-run historical average. Below 100 means it is undervalued.
The British pound is down as markets factor in growing political instability.
Pound Sterling Could Already be Looking Forward to a Post-Labour World A Drubbing For Starmer, But Not Pound Sterling Pound Sterling Held Aloft by Rising Bond Yields (For Now)Domestic politics is taking on more prominence for the pound.
Pound-Euro Rate: Oil Matters More than Political Intrigue This Week 'Short' Pound-Euro says Lloyds Pound's Resilience Against Euro "Intriguing" - Crรฉdit AgricoleGovernment borrowing was higher than expected in March, and the Chancellor will have to borrow more than she was expecting to in the coming year.
Pound Sterling in Solid Gain Against Euro As Inflation Jumps Surging Self-Employment Explains Miraculous Fall in UK Unemployment Britain's Jobs Market: Strong Headlines, But Niggling WorriesPound sterling holds gains against the dollar and euro after the Bank of England maintains interest rates and signals it remains guarded against rising inf...
Pound Sterling Hangs on Bank of England's Vote Split Pound's Rate Hike Support Dented by Bank of England Intervention Pound Sterling Firms on 'Hawkish' Bank of England GuidanceGBP/USD looks set to maintain a constructive tone during the coming week.
Pound Forecast to Fall Notably Against Dollar by Mizuho GBP/USD Lifted by Reports Iran & U.S. Close to Agreement on Ending War Pound-Dollar Capped at 1.36 as Hormuz Tensions Rise AgainThe pound is set to remain under pressure against the Australian dollar over the coming days in sympathy with the untroubled downtrend.
Australian Dollar: Cost of Living Shock Arrives Australian Dollar Outperformance Underpinned by RBA Update Australian Dollar Reaching its Limits: CorpayA combination of geopolitical and domestic headlines underpins the NZD advance.
Pound-New Zealand Dollar Hovers at Resistance Point New Zealand Dollar: Dovish Tidings in ANZ's Business Outlook Pound-New Zealand Dollar Could Continue Lower This WeekThe euro-to-dollar exchange rate rises to 1.1767 on Monday following a nervous start for the pair thanks to unhelpful headlines stemming from the Middle Ea...
Euro-Dollar Rate Has a Central Bank Disconnect Problem Euro-Dollar Holds Fort Above 200-day SMA EUR/USD Rises to 1.17 After ECB Unable to Douse Rate Hike BetsThe pound-Canadian dollar is set to retain an incredibly tight trading range in the coming days as we await a trigger to end this phase of consolidation.
Canadian Dollar: Bank of Canada Strikes 'Dovish' Tone Pound-Canadian Dollar: Scope for More Weakness This Week "We Have Slashed our Forecast for CAD Appreciation": DesjardinsIt's happening: by 2027 the Swiss franc will be stronger than the pound, according to a new forecast report.
Swiss Franc Tipped to Make a Comeback by UBS Swiss Franc Weakness Now SNB Policy "Seek Shelter in Safer Currencies" Warning Sounded