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 July 2019. For current indicative exchange rates, use the currency converter.
Pound Sterling (GBP) The Pound (GBP) edged higher against many of its competitors today despite increased no-deal Brexit fears. Prime Minister Boris Johnson has taken a more confrontational approach on the Irish backstop, requesting…
Pound Sterling (GBP) Slumps as UK Wages Rise at Fastest Rate Since 2008 Sterling was left under pressure on Tuesday despite data revealing that UK unemployment remained at a multi-decade low of 3.8%. Added…
Pound Sterling (GBP) The Pound (GBP) rose against many of its competitors following the Bank of England’s (BoE) financial stability report today. The BoE emphasised its resilience in response to a possible chaotic, saying…
Pound Sterling (GBP) The Pound (GBP) fell following the publication of the annual BRC like-for-like retail sales figures for June, which fell to record lows from -3.0% to -1.6%. Helen Dickinson, the Chief Executive…
Pound Sterling (GBP) Under Pressure as Brexit Pessimism Looms Sterling (GBP) remained under pressure on Thursday as Brexit Secretary Steve Barclay stated that a no-deal Brexit could trigger a recession. When asked if he…
Pound (GBP) Under Pressure as Carney Warns Trade Tensions Could ‘Shipwreck’ Global Economy On Tuesday afternoon, Sterling remained under pressure following a disappointing UK construction PMI which fell at its fastest rate in a…