Recession concerns hurt sterling
Good morning,
Pound sterling fell sharply yesterday morning after figures showed momentum in Britain's private sector slowed much more than expected, adding ... Read More >
Niki Sehmbi
Euro gaining against the USD and GBP
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The euro is finding its feet against the USD after sinking to a 5-year low of 1.0350 a few weeks ago. Since the low, EUR/USD has gained nearly ... Read More >
GBP pressure continues
Good morning,
The pound sterling was in for another difficult day yesterday as it continued to lose ground against both the USD and EUR. GBP headed to 1.2260... Read More >
Sterling sell off continues
Good afternoon,
A similar story to last week as we enter a new week with the pound opening today on the backfoot. Now trading in the 1.16’s and 1.22’ versus ... Read More >
Sterling continues to sink
Good morning,
The pound has opened the morning marginally stronger against both the euro and dollar, despite falling a step lower against both throughout the... Read More >
US raise interest rates, will BoE follow today?
Good morning,
Sterling climbed to its highest level in over a week against the USD, 1.2638, however those gains have been reversed this morning as sterling c... Read More >
Major currency pairs remain relatively unchanged
Good afternoon,
Major currency pairs remained relatively unchanged overnight with little impetus from yesterday's trading session. GBP has managed to hold it... Read More >
Euro drops on gas woes
Good morning,
After 5 days of losses against the dollar, the euro to dollar exchange rate has dropped to record 5-year lows. Falling over 4% in the past 5 wo... Read More >
Pound lost 2% since Monday
Good morning,
The pound had a torrid session yesterday, falling against the majority of currencies. GBP/USD has already lost more than 2% since we opened on ... Read More >
USD benefits across the board on poor risk sentiment
Good afternoon,
The GBP/USD rate continued to fall yesterday from the mid-1.28s to a low of 1.2700, a drop of nearly 1.15%. Sterling has been struggling sinc... Read More >
