Category: GBP

Pound to Euro (GBP/EUR) Exchange Rate Loses Shine – Sterling to Turkish Lira (GBP/TRY) Climbs 1.50%
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Pound to Euro (GBP/EUR) Exchange Rate Loses Shine – Sterling to Turkish Lira (GBP/TRY) Climbs 1.50%

The Pound exchange rate climbed versus the Euro (GBP/EUR) this morning as Bank of England (BoE) comments boosted the British currency. However, gains were short-lived and Sterling began to lose some of its shine as investors grew concerned on how the British economy was faring.  Pound Exchange Rate’s BoE Gains Reversed as UK Factory Orders...

Canadian Dollar Forecast: Inflation Slips, Oil Predicted to Fall Again
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Canadian Dollar Forecast: Inflation Slips, Oil Predicted to Fall Again

The Canadian Dollar to Pound (CAD/GBP) exchange rate has been in a tight range today after Canadian ecostats were mixed and investors waited for more news on Brexit. Canadian Retail Sales and Inflation Data Prints The Canadian Dollar lost some ground to the Pound on Friday after the Canadian Consumer Price Index fell on the...

Pound Under Pressure as Customs Union and Brexit Claims Hit Markets
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Pound Under Pressure as Customs Union and Brexit Claims Hit Markets

The Pound is being pressured lower against other currency majors such as the Euro (GBP/EUR) and US Dollar (GBP/USD) as markets went back and forth over claims surrounding the UK’s relationship with the EU after Brexit.  Up and Downs – Pound’s Performance so Far 2018 So far this year, the Pound to Euro (GBP/EUR) exchange...

Pound Euro (GBP/EUR) Lower as Exchange Rate Reacts to Brexit
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Pound Euro (GBP/EUR) Lower as Exchange Rate Reacts to Brexit

The Pound has been softer against a basket of major currencies including the Euro (GBP/EUR) as the Prime Minister’s week of Brexit meetings came to a head. Theresa May has been in Bulgaria this week, asking the European Union to give some kind of indication that her Irish border proposals would be accepted.  Great British...