Knowledge centre

Personal

Brexit deal and Eurozone quantitative easing in focus

26 Nov 2018

On Thursday last week, the Pound to Euro (GBP/EUR) exchange rate managed to firm by almost a cent, while the Pound to US Dollar (GBP/USD) exchange rate jumped by nearly a cent and a half, before losing some ground.

Brexit continues to dominate as Theresa May holds on for another day

19 Nov 2018

Brexit inspired sharp and swift market movements as Theresa May faced another potential leadership challenge and numerous resignations from Ministers over her Brexit proposal.

Pound slips by 1.50% versus Euro and Dollar on Brexit developments

15 Nov 2018

Sterling has been tumbling in Thursday’s European trading after two ministers resigned following a Cabinet meeting where Theresa May’s Brexit deal was laid out.

Sterling slips as Brexit optimism dims

12 Nov 2018

Last week, the Pound reached levels of $1.3176 against the US Dollar (GBP/USD), a three-week high. Brexit created positive market sentiment allowing the Pound to climb, but towards the end of the week Sterling softened as questions over the Northern Irish border came to light once again.

Brexit lifts Pound on customs deal prospects

05 Nov 2018

Last week, the Pound broke above the 1.14 level against the Euro and the 1.30 benchmark against the US Dollar on positive Brexit sentiment. Reports over the weekend that Theresa May has made a Brexit deal which would keep the UK in the customs union has kept the Pound's upward momentum going into this week.

Budget, Brexit, and the BoE are the Pound’s main focus points

29 Oct 2018

Last week, the Pound to US Dollar (GBP/USD) exchange rate broke below the 1.29 barrier as the Greenback strengthened and Brexit weighed on Sterling. The Pound to Euro (GBP/EUR) exchange rate also broke below 1.12. One of the main events for Sterling this week will be Thursday’s Bank of England (BoE) interest rate decision.