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 February 2020. For current indicative exchange rates, use the currency converter.
Pound Sterling (GBP) The Pound (GBP) traded negatively against many of its peers today as no-deal Brexit fears continued to weigh on market appetite for Sterling. Markets have always remained cautious due to the…
Pound Sterling (GBP) The Pound (GBP) plummeted against many of its peers today after Downing Street announced that it could walk away from UK-EU trade talks as early as June. As a result, Sterling…
Pound Sterling (GBP) The Pound (GBP) fell against many of its peers today as post-Brexit trade talks between the UK and the EU continue to come under strain. This follows comments by Michel Barnier,…
Pound Sterling (GBP) Rebounds on Slight Boost in Risk Appetite The Pound (GBP) rebounded on Tuesday after markets found stability despite worries about Covid-19. Investors were able to move away from the safe-haven USD…
Pound Sterling (GBP) Rallies on Upbeat PMI Figures The Pound (GBP) was able to edge higher against a handful of currencies after upbeat UK PMI data showed the UK’s private sector saw its joint-fastest…
Pound Sterling (GBP) Stumbles despite Upbeat UK Consumer Spending The Pound (GBP) suffered losses during today’s session despite the release of better-than-expected retail sales data. Data showed British consumers began spending again at the…
Pound Sterling (GBP) The Pound (GBP) has performed strongly today following the release of the UK ILO Unemployment Rate report, which confirmed consensus and remained at a record low of 3.8%. However, December’s worse-than-expected…
Pound Sterling (GBP) Slides as UK and EU Will ‘Rip Each Other Apart’ On Monday, Prime Minister Boris Johnson’s spokesman said that the UK does not need any special arrangements in its future relationship…
Pound Sterling (GBP) Mixed After Upbeat Q4 UK Growth Sterling (GBP) exchange rates were mixed, although yesterday’s upbeat GDP growth data revealed that while quarter-on-quarter growth stagnated, annual growth was better than forecast. This…
Weak Economic Growth Leaves Pound Sterling (GBP) Under Pressure Sterling (GBP) remained under pressure today after Q4 2019 growth data showed the economy stagnated as the country wrestled with an ongoing Brexit deadlock. Data…
Pound Sterling (GBP) Buoyed by Strong Services PMI On Wednesday, the Pound (GBP) was buoyed following the release of a strong service sector PMI, which rose to the highest level since September 2018. However,…