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:
UBS foresee two near-term interest rate rises coming out of the Bank of England which goes against consensus expectations for an one-off rate rise in November.
September 20,2017
Carney did little to add renewed impetus to last week's Sterling rally while the bulk of strategists see only a one-time boost from a BoE hike.
September 19,2017
The Bank of England’s Gertjan Vlieghe has hammered home the point that interest rates are to rise for the first time in a decade in late-2017.
September 18,2017
The British Pound has received fresh impetus as another Bank of England policy-setter reinforces the view that interest rate are to rise.
September 15,2017
The British Pound has risen against most major currencies as the Bank of England warns the market is underpricing expectations for future interest rate rises.
September 20,2017
The Bank of England’s Andy Haldane is a wild card among the nine-person Monetary Policy Committee who could light a fire under the Pound Sterling at one of the MPC’s upcoming meetings.
September 14,2017
Thursday’s Bank of England meeting could yield a major repricing of the Pound-to-Euro exchange rate, according to strategists at TD Securities.
September 12,2017
Central banks are likely to set the tone for both the British Pound and Euro over coming weeks, and according to one analyst, this offers the GBP/EUR exchange rate potential relief.
September 5,2017
Brexit risks have not materialised in a meaningful fashion, an economist says, while the Bank of England's post-crisis monetary policy has done all that it can do.
September 6,2017
Beware a pro-Sterling outcome to the Bank of England’s ‘super-Thursday’ event due at mid-day on August 3.
August 9,2017
“Sell GBP/$ into the BoE meeting but 1.2850-1.2900 may be the lowest we get” - Viraj Patel, ING Bank N.V.
August 1,2017
If Nomura are correct, the Pound should receive a positive boost as this is an agressive sign of intent that the Bank of England is fast losing patience with elevated inflation in the UK.
July 15,2017
The Pound might struggle to find further strength against the Euro and Dollar from current levels, even if the Bank of England goes ahead and raises interest rates say a number of researchers.
July 4,2017
The Deputy Governor of the Bank of England (BOE), Sir Jon Cunliffe has tacitly expressed a preference for keeping interest rates unchanged - what does this mean for Sterling?
June 28,2017
Bank of England Chief Economist Andy Haldane sent ripples across financial markets on Wednesday, June 22 having stated that a “partial withdrawal of the additional policy insurance the MPC put in place last year would be prudent relatively soon”.
June 22,2017
The GBP to EUR conversion has managed to form a base following the declines that came in the wake of the UK’s general election.
June 17,2017
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
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