Pound Recovery Holds, Rayner Set to Join Leadership Fray
Pound sterling rose against the euro on Thursday despite persistent political uncertainty in the UK, as calmer financial markets and elevated UK bond yields continued to underpin sterling.
Pound sterling rose against the euro on Thursday despite persistent political uncertainty in the UK, as calmer financial markets and elevated UK bond yields continued to underpin sterling.
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.
News of a surge in growth should support the British pound. Here's why the news isn't shifting the dial for currency markets.
Streeting Moves: A Binary Leadership Trade for Pound Sterling Pound Sterling Under Pressure as the Herd Moves Against Starmer Pound Sterling Could Already be Looking Forward to a Post-Labour WorldPound sterling rose against the euro on Thursday despite persistent political uncertainty in the UK, as calmer financial markets and elevated UK bond yield...
Pound-Euro Off the Lows as Starmer Avoids Cabinet Mutiny Pound-Euro Rate: Oil Matters More than Political Intrigue This Week 'Short' Pound-Euro says LloydsNews of a surge in growth should support the British pound. Here's why the news isn't shifting the dial for currency markets.
Britain is Still AI Job Loss Capital: Morgan Stanley Research Bond Yields Rise as Reeves Tipped to Borrow More Than Expected Pound Sterling in Solid Gain Against Euro As Inflation JumpsPound 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 GuidanceThe pound-to-dollar exchange rate outlook is looking increasingly bearish as the Fed narrative shifts.
Dollar Vibe-shift Incoming, And the Pound's at Risk Says Bank of America GBP/USD in Fresh Volatility as Geopolitical Tensions Drive Safe-haven Demand for U.S. Dollar Pound-Dollar To Maintain Upside Bias This WeekThe 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: Corpay"The NZD is likely to languish for a while yet," says Westpac, the Australia and New Zealand banking giant.
New Zealand Dollar Leads the Pack Pound-New Zealand Dollar Hovers at Resistance Point New Zealand Dollar: Dovish Tidings in ANZ's Business OutlookDollar to rally if the market flips to betting on Fed hikes.
Euro-Dollar Now Looks to 1.1830 Euro-Dollar Rate Has a Central Bank Disconnect Problem Euro-Dollar Holds Fort Above 200-day SMAThe 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