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 2021. For current indicative exchange rates, use the currency converter.
Pound Sterling (GBP) The Pound touched on new highs today, even as investors headed towards safer assets. Unlike other major risk-correlated currencies, the Pound continues to benefit from coronavirus vaccine hopes as Britain’s vaccine…
Pound Sterling (GBP) The Pound benefitted from recovering market sentiment today. Some uncertainty about coronavirus vaccine shipments has softened, and this combined with stronger than expected UK job market data helped the Pound to…
Pound (GBP) The Pound was subdued today despite news that Prime Minister Boris Johnson would be ‘looking at the potential of relaxing some lockdown measures’ in February. Despite these comments buoying confidence in the…
Pound (GBP) The Pound rose today as the UK’s Covid-19 vaccination programme has buoyed hopes for the UK economy’s recovery in the months ahead. Matt Hancock, the British Health Secretary, also announced that the…
Pound Sterling (GBP) Pound movement has been mixed this week so far. While Sterling’s outlook is gradually improving on coronavirus recovery hopes, none of this week’s news has been optimistic enough to give the…
Pound (GBP) The Pound (GBP) rose today after the Bank of England (BoE) Governor, Andrew Bailey, quelled speculation of negative interest rates by saying there would be ‘a lot of issues with it’. Andrew…
Pound Sterling (GBP) Sterling attempted recovery against many major currencies today. As markets digested Britain’s coronavirus situation, investors were willing to buy the British currency back from its cheapest levels despite disappointing UK PMIs.…
The British Pound to Canadian Dollar (GBP/CAD) exchange rate has been trending lower since markets opened this week. As Britain’s coronavirus situation worsens, the Pound has been shedding appeal. The Canadian Dollar has been…
Pound (GBP) The Pound (GBP) struggled today following the news that the UK Prime Minister, Boris Johnson, would be announcing further updates on Covid-19 restrictions. With Scotland already set to enter a full national…