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 2020. For current indicative exchange rates, use the currency converter.
Pound (GBP) The Pound (GBP) held steady today despite growing fears for Britian’s retail sector after the retail giant Marks & Spencer announced that it would be slashing jobs due to the Covid-19 crisis.…
Pound (GBP) The Pound (GBP) struggled today after UK unemployment remained high with over 640,000 people losing their jobs since the onset of the coronavirus pandemic. As a result, investors have become increasingly concerned…
Pound (GBP) The Pound (GBP) struggled today after the Institute of Directors (IoD) reported that UK high street footfall had significantly decreased in June. As a result, GBP investors have become increasingly concerned over…
Pound Sterling (GBP) The Pound saw yet another week of recovery over the past week. Hopes for Brexit developments and some reaction to UK fiscal stimulus plans helped Sterling to firm a little higher.…
Pound Sterling (GBP) The Pound held its ground today after advancing yesterday. Speculation that there could be Brexit developments in the coming weeks, as well as higher market appeal for taking risks, is helping…