The headline takeaway from the Bank of England's September meeting proves positive for the British Pound which traded higher against the US Dollar following the announcement, breaking the 1.31 barrier in the process. Against the Euro recent gains were defended despite the single currency being boosted by the ECB.
September 14,2018
Those wanting a stronger British Pound by year-end 2018 will take heart from news reports that domestic resistance to a Brexit deal might be fading.
September 13,2018
The Pound advanced further on rivals Tuesday after official data showed wage pressures building in the UK's tight labour market while traders also continued to reward signs of progress in the Brexit negotiations with a steady bid for Sterling.
October 10,2018
The British Pound was seen gaining on the Euro, Dollar and other major currencies following comments by chief EU Brexit negotiator Michel Barnier that a Brexit deal was likely to be achieved in 6-8 weeks.
September 11,2018
The Swedish Krona ceded ground to the Pound, Dollar and Euro Monday after a general election left the Nordic country with a hung parliament, prompting some analysts to forecast further losses for the currency given its negative fundamentals and an unsupportive international environment.
September 10,2018
The Pound advanced against all rivals Monday as traders responded to official data showing economic growth picking up sharply during July, suggesting the economy gathered momentum at the beginning of the third-quarter.
September 10,2018
The British Pound has moved higher against key rivals ahead of the weekend in the wake of fresh comments pertaining to the Irish border question from the EU's chief Brexit negotiator Michel Barnier.
September 10,2018
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