January 2017 currency news archive

Exchange rate developments and the events behind them. Each report is dated so you can see when it was published.

These reports were published in January 2017. For current indicative exchange rates, use the currency converter.

Fresh Concerns over Consumer Spending Weigh on Pound

Sterling The Pound (GBP) fell against the majority of its peers today as investors worried about a potential drop in consumer spending over the coming year. This was prompted by a warning from Weetabix…

Pound Rally Dented by Brexit Bill

Sterling The Pound (GBP) dipped against the majority of its peers this afternoon as the government prepared to rush its Article 50 bill through parliament. The draft legislation was published earlier today following the…

Sturgeon Warns of Second Scottish Referendum, GBP Slides

Sterling After peaking overnight on Tuesday the Pound (GBP) spent much of Wednesday tumbling against its peers as the positive sentiment towards Prime Minister Theresa May’s speech began to drop. Sterling began to fall…