Pound Sterling Steadies, Starmer Banks on Kings Speech to Reset the Narrative
The Prime Minister looks better positioned on Wednesday as mutiny loses momentum.
The Prime Minister looks better positioned on Wednesday as mutiny loses momentum.
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 Prime Minister looks better positioned on Wednesday as mutiny loses momentum.
Pound Sterling Under Pressure as the Herd Moves Against Starmer Pound Sterling Could Already be Looking Forward to a Post-Labour World A Drubbing For Starmer, But Not Pound SterlingDomestic 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 AgricoleBank of England Faces New AI Labour Shock as UK Job Losses Mount.
Bond Yields Rise as Reeves Tipped to Borrow More Than Expected Pound Sterling in Solid Gain Against Euro As Inflation Jumps Surging Self-Employment Explains Miraculous Fall in UK UnemploymentPound 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-dollar exchange rate climbed to 1.36 in early May, the highest level since mid-February, before slipping back to 1.3575 in Tuesday trade.
Pound-Dollar To Maintain Upside Bias This Week Pound Forecast to Fall Notably Against Dollar by Mizuho GBP/USD Lifted by Reports Iran & U.S. Close to Agreement on Ending WarThe 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