A Drubbing For Starmer, But Not Pound Sterling
The British pound isn't panicking over political winds of change in the UK, say analysts.
The British pound isn't panicking over political winds of change in the UK, say analysts.
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 isn't panicking over political winds of change in the UK, say analysts.
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Pound-Euro Uptrend Paused on Local Election Caution Pound-Euro Rate Powers to 5-Week High, Resistance at 1.16 Looms Pound Faces Fresh Setback as Rayner & Burnham Eye the Top JobGovernment borrowing was higher than expected in March, and the Chancellor will have to borrow more than she was expecting to in the coming year.
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Australian Dollar Outperformance Underpinned by RBA Update Australian Dollar Reaching its Limits: Corpay GBP/AUD Stalls at Key BarrierA 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 has decent support despite renewed tensions in the Middle East.
EUR/USD Rises to 1.17 After ECB Unable to Douse Rate Hike Bets Euro Will Struggle As Oil Pips the ECB ECB Decision Nears: Why the Setup Is Turning Bullish for the EuroThe 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