The British Pound has entered a short-term recovery phase over the course of the past 24 hours, thanks largely to a global stock market recovery and fresh signs of intent to secure a trade deal between the EU and UK.
June 22,2020
The British Pound starts the new week softer against the Euro and U.S. Dollar as global investor sentiment maintains a grip on foreign exchange direction and markets await the outcome of a high-level meeting between UK Prime Minister Boris Johnson and European Commission President Ursula von der Leyen on the status of Brexit trade negotiations.
June 22,2020
The British Pound shed significant value against the Euro, Dollar and Yen over the course of the past 24 as a global stock market sell-off accelerated into a third day, and how the currency ends the week will depend on whether the rout continues.
June 22,2020
The British Pound has reversed some of its recent gains against the Euro and Dollar but is higher against the risk-on currencies such as the Australian Dollar and Swedish Krona as global stock markets and equities endure another day of selling pressure.
June 22,2020
The British Pound has hit a new three-month best against the U.S. Dollar in mid-week trade thanks to a recovery in investor sentiment, with a recovery also being seen against the Euro that takes it back above 1.12.
June 10,2020
The British Pound's is in a short-term recovery sequence that has seen it back above 1.27 against the Dollar and 1.12 against the Euro, with one analysts saying there remains potential for further near-term gains.
June 9,2020
The British Pound started the week on a positive footing against both the Euro and Dollar, with the GBP/USD at its highest daily opening since March 12 and the GBP/EUR exchange rate recording its highest daily opening since May 15.
June 8,2020
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