The pound sterling (GBP) has declined to its lowest rate against the US dollar (USD) in over four month's this week offering relief to sterling buyers using the buck as a funding currency.
August 17,2014
The British pound (GBP) has lost notable ground against the US dollar (USD) and euro (EUR) after the Bank of England made it clear there was no chance of an early UK interest rate rise.
Markets reacted with a flurry of sterling selling as they re-priced their positioning for a Spring 2015 rate rise.
August 15,2014
The British pound (GBP) has taken a hard knock on global exchange rate markets following the release of soft UK wage growth data and the Bank of England Quarterly Inflation Report (QIR) which pushed back expectations on an interest rate rise. Hefty losses have been witnessed against both the euro (EUR) and US dollar (USD).
August 15,2014
The pound sterling exchange rate complex (GBP) has endured a negative bias over recent weeks and it appears the outlook for the remainder of August will deliver more of the same.
August 13,2014
Are you on the lookout for the best exchange rates on the market? While choosing the right currency provider is key, timing your transaction is arguably the most important, and indeed hardest, decision in the process.
August 12,2014
The pound sterling (GBP) came under significant selling pressure against the euro in the second week of August.
However, a relief rally is starting to shape up as buyers come back into the market at discounted levels.
August 12,2014
Exchange rate markets saw volatile trading patterns extend into the close of the week with the pound euro exchange rate (GBP/EUR) unexpectedly falling a quarter of a percent in the final session.
August 9,2014
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