Pound Gains As Brexit Deal Gets Closer
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- October 10, 2018
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Sterling hit a new high versus the euro and added to recent gains against the dollar this morning on optimism that Britain and the European Union can agree a Brexit deal soon. Britain’s ITV News reported late on Tuesday that the two sides had made progress in negotiations over an Irish border backstop, a key […]
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Brexit Deal To Be Agreed By November?
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- October 8, 2018
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The British pound fell this morning against the US Dollar and traders re-assessed the chances of a breakthrough in Brexit negotiations after the encouraging headlines seen in recent days. European Union negotiators said on Friday an agreement with Britain was “very close” and European Commission President Jean-Claude Juncker said on Saturday a deal would be […]
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Sterling Boosts On Positive Brexit Negotiations
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- October 5, 2018
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The European Union’s Brexit negotiators told national diplomats in Brussels late last night that a divorce deal with Britain was “very close”, according to two sources present at the meeting. The EU signalled that it was engaging with new proposals emerging in Britain on how to avoid extensive checks on the Irish border after Brexit, […]
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PM Speech Boosts Sterling
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- October 4, 2018
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The exchange rates are listed at the bottom of this article. Please note they are for indication only. For a live quote please contact us. Sterling has gained against the Euro this morning after Theresa May delivered a defiant Brexit speech at the Conservative Party Conference. The exchange rate picked up yesterday afternoon after Mrs […]
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Brexit Continues To Dominate Market Movements
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- September 27, 2018
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The British currency tumbled this morning on the back of broad dollar gains after a U.S. rate hike, and as investors waited for more Brexit-related headlines in the absence of any fresh economic drivers. Sterling fell more than a third of a percent against the dollar and edging towards a one-week lows hit last week. […]
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UK Retail Sales Better Than Forecasts
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- September 20, 2018
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Sterling firmed versus the dollar and Euro, buoyed by optimism that Britain and the European Union can make significant progress towards a Brexit deal at an EU leaders summit. Investors have pushed up the pound to its highest since July this week as they grow confident that a Brexit trade deal – helping Britain to […]
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UK Wage Data Comes In Strong
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- September 11, 2018
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UK Pay growth picked up faster than expected to a rate that has not been exceeded in three years, as businesses found it harder to recruit staff, official figures showed this morning. Average weekly earnings excluding bonuses rose by 2.9 percent on the year in the three months to July, the fastest since March and […]
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UK Data Strong – No Impact On Sterling
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- September 5, 2018
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Sterling edged lower for a fifth consecutive day as a resurgent dollar and mounting concerns over Brexit negotiations sapped demand for the British currency. An overnight bounce in the pound after a report that the European Union could offer new guarantees to Britain to win London’s support for a solution aimed at avoiding a hard […]
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Brexit Woes & Weak Data
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- September 4, 2018
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The British pound was set for its biggest daily drop against the euro in more than three months as concerns grew about the progress of Brexit negotiations. Sentiment was also further sapped by manufacturing data that underscored the weak state of the British economy. Traders bought sterling last week after the European Union’s chief Brexit […]
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Positive UK Data Having Zero Impact On Sterling Value
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- August 24, 2018
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The British pound slipped against the euro to within a whisker of its weakest since September 2017, hurt by a rally in the single currency and concerns about whether Britain can secure itself a trading deal with the European Union. Sterling has had a tough month so far, hit by concerns Britain could crash out […]
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