Category: SEK

Pound Exchange Rate Slips Vs Swiss Franc (GBP/CHF), Canadian Dollar (GBP/CAD), and Swedish Krona (GBP/SEK)
Post

Pound Exchange Rate Slips Vs Swiss Franc (GBP/CHF), Canadian Dollar (GBP/CAD), and Swedish Krona (GBP/SEK)

The Pound exchange rate backed away from political instability on Tuesday, falling against the Canadian Dollar (GBP/CAD) and other currency majors such as the Swiss Franc (GBP/CHF) and Swedish Krona (GBP/SEK). Today an urgent question was asked in commons after news from the Electoral Commission showed that Vote Leave broke electoral law in it’s Brexit...

Pound Exchange Rate Forecast: Could Sterling Rise with the August BoE Interest Rate Meeting? Haldane Speaks
Post

Pound Exchange Rate Forecast: Could Sterling Rise with the August BoE Interest Rate Meeting? Haldane Speaks

The Pound has begun Thursday trading above 1.14, between levels of 1.1427 and 1.1476. Yesterday Sterling gained some favour when reports hit markets that the UK could be open to remaining in the customs union after Brexit. However, the Pound has weakened this morning as a Government source has suggested that the claims yesterday weren’t...

GBP/NOK, GBP/SEK Rise by Over 1.0% as Pound Sterling Rallies, GBP/EUR Higher
Post

GBP/NOK, GBP/SEK Rise by Over 1.0% as Pound Sterling Rallies, GBP/EUR Higher

The Pound had a productive session on Monday, climbing against a host of other currency majors, making notable gains against the Swedish Krona (GBP/SEK) and the Norwegian Krone (GBP/NOK). Last week, the Swedish and Norwegian currencies felt a hit with the Krone hovering near nine-year lows, as falling commodity prices and weak data intensified the...

GBP/EUR, GBP/USD in Tight Range after BoE Credit Surveys, GBP/SEK Jumps on Swedish Inflation
Post

GBP/EUR, GBP/USD in Tight Range after BoE Credit Surveys, GBP/SEK Jumps on Swedish Inflation

The Pound remained in a narrow range against the Euro (GBP/EUR) and US Dollar (GBP/USD) in the late morning of Thursday’s European trading as markets digested the Bank of England’s (BoE’s) Credit Conditions and Bank Liabilities Surveys. UK Lenders Prepare to Tighten Loan Availability The report revealed that UK lenders are planning the biggest credit...