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Wed 28 Jun 2017 04:50 GMT

Latest Currency Headlines at SendMoney.org.uk

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Pound Traders Unsettled by Northern Irish Issues and BoE Report Published: 27 Jun at 4 PM
Pound Sterling (GBP) On a busy day for UK political and economic news, the Pound has risen by 0.5% against the Euro but dropped by -0.3% against the US Dollar. Elsewhere, Pound movement has been just as mixed, showing how today’s news has unsettled Sterling traders. On the plus side, a recent Bank of England (BoE) financial...
Sterling (GBP) Limp Despite Hawkish Bank of England (BoE) Comments Published: 22 Jun at 5 PM
Pound Sterling (GBP) Despite seeing a brief boost following hawkish Bank of England (BoE) comments on Wednesday, the Pound trended limply for most of Thursday’s European session – in many cases near its weekly lows. BoE chief economist Andy Haldane argued earlier in the week that the bank could be pressured into hiking UK interest...
First Day of Brexit Negotiations Leaves Pound (GBP) Investors Anxious Published: 19 Jun at 5 PM
Pound Sterling (GBP) The Pound saw volatile trade on Monday as the first day of formal Brexit negotiations between Britain and the EU finally began. UK Brexit Secretary David Davis indicated that he aimed to make negotiations ‘positive and constructive’ as negotiators looked to set out a Brexit timetable and decide on the key...
Sterling Fluctuates as Markets Await Election Results Published: 8 Jun at 5 PM
Sterling The Pound (GBP) was met by increased volatility on Thursday as general election jitters caused investors to treat Sterling with increased caution. Despite the majority of polls suggesting that the Conservatives are likely to extend their gains following today’s vote, markets are remaining at arm’s length for now, with the upset...
Pound (GBP) Rallies on Last-Minute Poll Predicting Conservative Advantage Published: 7 Jun at 4 PM
Pound Sterling (GBP) The Pound’s advance on Wednesday afternoon was triggered by an earlier Opinium poll, which predicted a 7-point election lead for the Conservatives. This was considered a more stable estimate than a prior Survation poll, which forecast a single point difference between the Tories and Labour. Most of Thursday could...
Pound (GBP) Fluctuates on Widely Different UK Election Polls Published: 5 Jun at 1 PM
Pound Sterling (GBP) Pound exchange rates saw mixed movement last week. The currency has become increasingly jittery with mere days to go until the UK general election and polls showing a wide variety of possible outcomes. Some polls continue to show the Conservatives will win a comfortably majority, while others suggest the race between...
Neutral BoE Prompts Pound Slump, US Dollar Steadies on Solid Jobless Claims Figures Published: 11 May at 3 PM
Pound Sterling Thursday was not a positive day for the Pound, as markets were unimpressed to find that no other Bank of England (BoE) policymakers had joined noted hawk Kristin Forbes in voting for an interest rate hike. While the Bank’s forecasts remained largely unchanged this was accompanied by the caution that these projections are...
Pound Rallies as UK Services Sector Grows against Forecasts Published: 4 May at 5 PM
Pound Sterling (GBP) After the UK services PMI rose instead of falling as forecast, the Pound rallied against the Euro and US Dollar. The GBP EUR exchange rate has since fallen due to a strong Euro, but the Pound remains in high demand against other peers. The services sector is the largest in the UK, so this unexpected growth has been...
Pound Sentiment Mixed as Construction PMI Beats Expectations Published: 3 May at 4 PM
Sterling The Pound (GBP) rallied against the majority of its peers on Wednesday morning as the UK released a better than expected Construction PMI, with activity rising from 52.2 to 53.1 in April. However Sterling began to recede against many of its peers by the afternoon as the UK government clashed with the EU over a report that the...
Euro Surges as Polls Forecast Landslide Macron Presidential Victory Published: 25 Apr at 5 PM
Pound Sterling (GBP) The Pound has fallen by -0.2% against the Euro but risen by 0.4% against the US Dollar today. This uncertain movement follows the news that the UK’s annual borrowing deficit in March is the lowest since the late 2000’s. While this historic figure has raised the Pound’s value, other borrowing data has seen the...

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