Effective Exchange Rate History:
Trade-weighted value of a currency against main trading partners
Spot Exchange Rate History:
Effective Exchange Rate History:
Trade-weighted value of a currency against main trading partners
Spot Exchange Rate History:
The Bank of England voted 5-3 to keep interest rates unchanged - the vote was a shock to markets who have scrambled to buy Sterling.
June 16,2017
The Pound is the day's best-performing G10 currency as the Bank of England came its closest since 2007 to raising interest rates.
June 16,2017
An interest rate rise in the next 12 months has important implications for the British Pound which ultimately tracks the yield offered on debt in the UK.
April 6,2017
The Bank of England’s review into the composition of its new generation of polymer bank notes has confirmed a shift away from the use of polymer which contains animal fats.
March 30,2017
“It does, however, suit the BoE's purposes to talk the Pound higher. The removal of some imported inflationary pressure would lessen the risk of a follow-though to faster wage growth." - Simon Penn at UBS.
March 28,2017
The Bank of England gave the British Pound a boost on Thursday, March 16 when the results of the Monetary Policy Committee’s March meeting were revealed.
March 16,2017
The Bank of England’s March policy meeting forms the key event for the Pound Sterling complex on Thursday, March 16.
March 16,2017
The Treasury Committee hears from Governor and Chief Economist of the Bank of England, and External Members of the Monetary Policy Committee on its Inflation Report for February.
February 23,2017
Joachim Fels, Pimco’s global economic adviser, has suggested the Bank of England is keeping the Pound artificially weak.
February 9,2017
The Bank of England’s Monetary Policy Committee will soon start splitting in their opinion on how appropriate current interest rate settings are for the UK economy.
February 8,2017
Foreign exchange markets appear to have got it very wrong by bidding Pound Sterling higher ahead of the release of the Bank of England's February Inflation Report.
February 3,2017
TD Securities have dropped their call for a rate cut in Q4 2017 saying that improved economic data and a less dovish monetary policy outlook in the UK now mean the odds of a hike or cut are evenly balanced.
January 29,2017
The Bank of England meets to decide on interest rates and guide markets on policy on Thursday December 14 - this will be the last major set-piece for Pound Sterling in 2017.
December 15,2016
The Bank of England may raise the value if deposits protected under the Financial Services Compensation Scheme to 85K.
November 25,2016
Thursday is the focus of the week for Pound Sterling with the Bank of England delivering its latest policy decision as well as forecasts for inflation and economic growth.
November 6,2016
Much-ado-about-nothing on Friday with some commentators excitedly hinting that the Bank of England won’t let the Pound continue falling.
October 15,2016
A key member of the Bank of England has told an audience that she believes further monetary easing is necessary.
September 30,2016
No decision is expected from the Bank of England on Thursday the 15th September, but that does not mean this does not mean markets won’t be hanging on every word uttered by the Bank.
September 16,2016
Mid-week sees Pound Sterling tested by the appearance before the Treasury Select Committee of members of the Bank of England’s Monetary Policy Committee.
September 15,2016
The Bank of England (BOE) prepares another reverse auction to buy more of the billions of pounds worth of bonds needed to meet the target on its QE programme.
September 6,2016
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