Sterling rises to a three-year high February 22, 2021 Sterling rose to a three-year high against the dollar today as investors bet on the UK’s vaccination success bringing about a speedy economic recovery. Sterling achieved $1.4073 against the dollar this afternoon. It reached its highest levels since April 2018 when it broke the $1.40 barrier on Friday and has risen 2.9 per cent against [...]
Sterling climbs to 10-month high against the euro February 17, 2021 Sterling reached a 10-month high against the euro following encouraging data fromthe UK vaccination program. The UK has jabbed nearly 16m people in the Covid-19 vaccination rollout. The pound rose to €1.150, surpassing yesterday’s record valuation and making it the highest since April 2020. However it did lose ground to the US dollar today, down [...]
Pound sterling touches three-year high against US dollar at $1.38 on vaccine success February 10, 2021 GBP hit a three-year high against the US dollar this morning, with vaccine optimism boostong pound sterling
Pound sterling at highest point against the US dollar in 2.5 years January 21, 2021 Pound sterling at highest point against the US dollar in 2.5 years
Sterling strengthens after Bank boss Andrew Bailey dismisses negative rates talk January 12, 2021 The pound is stronger against the US dollar and the euro this evening after comments from Andrew Bailey
The year in charts: From the FTSE to Zoom’s share price December 31, 2020 2020 has been quite the ride. So, to cap it off, we worked with our friends at Flourish to look at *quite* how wild it was… Global stock markets have had an odd year – from optimism to collapse to guarded positivity for the future. Here’s how the FTSE 100 fared. Currency markets were all [...]
Go Betty Go: Pound soars as speculation mounts EU deal is imminent December 23, 2020 Reports that a post-Brexit trade deal could emerge sooner rather than later has seen Sterling soar against the dollar. The pound has hit $1.35 after an EU diplomat told Reuters that a deal would be coming “today or tomorrow.” Other sources have suggested a deal is imminent. The Sun is reporting that the last compromise [...]
Pound falls back from recent high amid Brexit doubts December 18, 2020 The pound has fallen back from a more than two-year high after post-Brexit trade talks between the UK and EU ran into trouble at a crucial juncture. Negotiations are now in a “serious situation,” according to a Downing Street spokesperson last night. They urged the EU to change its position “substantially”. In a separate call [...]
Pound hits 31-month high on Brexit hopes and dollar weakness December 17, 2020 The pound has shot up to its highest level since early 2018, with investors hoping the UK will soon sign a post-Brexit trade deal and the dollar falling sharply. Sterling was last up 0.6 per cent at $1.358, a 31-month high. It was 0.3 per cent higher against the euro at €1.111. The British government [...]
Pound jumps more than one per cent after Brexit talks extended December 14, 2020 Investors have driven the pound up more than one per cent against the dollar and euro amid optimism about the extension of Brexit talks. Yesterday, UK Prime Minister Boris Johnson and EU Commission president Ursula von der Leyen agreed to “go the extra mile” and extend the deadline for trade talks. Von der Leyen said [...]