British pound news

Despite the surge in UK political uncertainty today, the British Pound to Euro (GBP/EUR) exchange rate has actually recovered a notable chunk of this week’s losses. Market expectations that UK Prime Minister Theresa May will successfully see off a no-confidence vote made Pound investors more confident despite persisting Brexit... [...]

Pound Sterling Euro (GBP/EUR) Exchange Rate Rises as Theresa May Expected to Win Confidence Vote GBP/EUR Exchange Rate Rises despite UK PM Theresa May Facing Confidence Vote This Evening The Pound Sterling Euro (GBP/EUR) exchange rate is up today, and is currently trading at €1.1096, despite British Prime Minister facing a vote of no confidence from Conservative MPs this evening. GBP gained some s…

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Shrugs Off Conservative Leadership Challenge With 158 Conservative MPs reportedly prepared to support Theresa May in the no confidence vote on Wednesday evening the Pound Sterling to Australian Dollar (GBP/AUD) exchange rate found fresh support. Investors were... [...]

Euro Pound Exchange Rate News: EUR/GBP Slumps as May Expected to Win No-Confidence Vote EUR/GBP Exchange Rate Dips Ahead of No-Confidence Vote in May The Euro Pound (EUR/GBP) exchange rate is trending lower this afternoon, amid speculation Theresa May will emerge victorious from a no-confidence vote later this evening. At the time of writing, the EUR/GBP exchange rate is down 0.5% from its opening…

…Theresa May is facing a vote of no confidence in her leadership of the Conservative Party.

The Pound Sterling recovered from the overnight 20-month trough despite continued threats to the Prime Minister's position by members within her own party.

Volatility in FX markets remains elevated with a full slate of data and events due out today.

Scotland overwhelmingly voted to remain in the EU in 2016. As the Scottish Trade Minister Ivan McKee explained in an interview with DW, the country is eager to promote itself in the face of ongoing UK political chaos.

GBP/USD Exchange Rate Rises despite Theresa May Facing Vote of No Confidence The Pound Sterling US Dollar (GBP/USD) exchange rate is up today, and is currently trading at $1.2528, despite British Prime Minister Theresa May facing a vote of no confidence from Tory MPs tonight. GBP was strengthened slightly by... [...]

Get the GBP/USD Forex signal for December 12, 2018 here.

The Euro initially tried to rally during trading on Tuesday but broke down from the 1.14 level to test the bottom of a symmetrical triangle that we are currently involved with.

The Euro will likely be the primary point of focus for investors as the European Council meets this week to discuss Brexit, the Italian budget, international affairs and the future of Europe.

As UK PM Theresa May rushed around the EU to acquire assurances on some details of her negotiated UK-EU Brexit deal, some investors opted to buy the embattled British Pound to Euro (GBP/EUR) exchange rate back from its worst levels on Tuesday. Sterling’s gains were ultimately limited, despite economic and political uncertainties weighing on... [...]

The US Dollar Pound Sterling (USD/GBP) exchange rate is down today, and is currently trading at £0.7923, after GBP was strengthened by today’s release of October’s average earnings figures which showed a better-than-expected increase. USD, meanwhile, was hit by last week’s arrest of China’s comms giant Huawei’s Chief Financial... [...]

It is getting to the point that whenever the PM rules something “in or out” that the opposite is sure to happen.

While news of the chaos in the British economy relative to the uncertainty of the Brexit have taken over the headlines, the Pound's impact on other currencies, as a result, cannot be understated.

After sustaining significant losses on Monday the Pound Sterling to Australian Dollar (GBP/AUD) exchange rate staged a modest recovery once the initial bout of Brexit jitters eased. Theresa May’s decision to postpone the parliamentary vote on Brexit in order to return to Brussels for further discussions with EU leaders still left the... [...]

Another day, another deeply uncertain development in the Brexit saga. Chaos and uncertainty have become watchwords of the process, and business leaders are tired of the confusion.

The Euro initially rallied during the trading session on Monday but found enough resistance at the 1.1450 level to turn things around and fall apart.

Euro to Pound Sterling Exchange Rate Trends above Key 0.90 Level for First Time in a Quarter Euro to Pound Exchange Rate Surges as Key UK Parliament Brexit Vote is Delayed UK Prime Minister Theresa May shocked markets on Monday, by announcing that a highly anticipated UK Parliament vote on Brexit had been delayed a mere day before it was due to take place. The Euro to Pound Sterling (EUR/GBP) exch…

Get the GBP/USD Forex signal for December 11, 2018 here.

Plagued by concerns about the upcoming Brexit, the British pound has sunk to levels not hit since April 2017.

The British Pound tumbled on the latest Brexit news, Wall Street rallied with tech shares. Asia Pacific stocks may pause losses as Australian Dollar is at risk to business confidence.

The pound falls to the lowest level against the dollar since April 2017 after the prime minister's statement.

The second week of December promises a lighter economic calendar, although larger thematic influences (US-China trade war, Brexit, Fed hike cycle) remain in play.

GBP/NZD Exchange Rate Edges Back Above NZ$1.83 While Brexit uncertainty remains rife following PM Theresa May’s decision to cancel the parliamentary vote, the Pound was able to stabilise on Tuesday, with the Pound Sterling New Zealand dollar (GBP/NZD) exchange rate recouping almost 0.3%. The Pound’s recovery... [...]

The Pound Sterling US Dollar (GBP/USD) exchange rates plummeted today, and is currently trading down 0.8% at $1.2628, after the British Prime Minister Theresa May reportedly agreed to delay Tuesday’s Brexit vote. Labour leader, Jeremy Corbyn, lashed out, commenting: ‘The government has decided Theresa May's Brexit deal is so... [...]

The Pound Sterling continues to slide and moved close to a 3-month trough versus the common currency Euro as FX traders await the Brexit vote in the British Parliament.

So much for a gentle slide into a quiet end to a tumultuous year. As we head deeper into the month of December, liquidity will continue to drain.

The economy grew by 0.4% in the three months to October, latest official figures show.

Euro Pound Sterling (EUR/GBP) Exchange Rate Rises as Brexit Vote Showdown Imminent EUR/GBP Exchange Rate Rises as ECJ Announces that UK can Reverse Brexit The Euro Pound Sterling (EUR/GBP) exchange rate is up today, and is trading at £0.8979, as the UK braces itself for tomorrow’s important Brexit vote while British Prime Minister Theresa May makes her last-ditch attempt to gain support for her UK…

Get the GBP/USD Forex signal for December 10, 2018 here.

The Euro pulled back slightly during the trading session on Friday but then shot higher after the jobs number was just slightly disappointing.

Brexit will be the headline event to watch in the week ahead for equities, but trade wars are ongoing and pose a constant threat.

This week is likely to see some a greater amount of activity compared to last week, with central bank input due for the Euro and the Swiss Fran, plus very important U.S. and British economic and political data.

Gold gained amidst a weaker US Dollar, lower government bond yields on market-wide pessimism. Next week contain numerous uncertainties for gold: Brexit draft vote, US CPI and ECB.

It would be easier to solve a Rubik’s cube wearing a blindfold than it would be to work out the UK’s position on Brexit which seemingly shifts every day. And that is hitting Sterling, making it increasingly difficult to trade with any confidence.

As the FTSE 100 registers its largest weekly decline in 2-months, expect another volatile week for UK assets with focus on the “meaningful vote”.

The Pound US Dollar (GBP/USD) exchange rate is down, and is currently trading at $1.2749, as the UK’s Halifax house prices figures for November fell to a six-year low rate of growth today. GBP has remained sensitive to Brexit developments as Prime Minister Theresa May rallies to gain support for her UK-EU withdrawal agreement. GBP... [...]

The British Pound to Euro exchange rates have been unable to benefit from weakness in the single currency or brief rises in speculation that the Brexit process could be somehow avoided altogether. Since opening this week at the level of 1.1265, GBP/EUR has trended with a significant downside bias. GBP/EUR touched a two month low of 1.1186... [...]

Prices rise 0.3% from a year earlier, with the average home now valued at £224,578, the Halifax says.

The Euro rallied significantly during the trading session on Thursday, but then rolled over to show signs of weakness again.

Today has seen global stock markets slump for a third day in a row, as there are fears fresh tensions between the US and China may emerge as the result of the arrest of tech giant Huawei’s chief financial officer, Meng Wanzhou in Vancouver, where she is facing extradition to the USA. Better-than-expected German factory order figures... [...]

The Pound to Australian Dollar (GBP/AUD) exchange rate soared today, and is currently trading up over 1% at AUD$1.7722, as geopolitical risk flares up after the arrest the arrest of Huawei’s Chief Financial Officer, Sabrina Meng Wanzhou. On the back of yesterday’s poor Q3 GDP figures, this pummelled the ‘Aussie’. The Pound... [...]

The latest polls on the Pound Sterling suggests that the fate of the currency is almost completely in the hands of the Prime Minister.

Phillip Hammond, the UK’s Chancellor of the Exchequer, famously said that nobody voted for Brexit to be poorer, but it is increasingly clear that this will be the case.

German officials were reportedly pushing earlier this year for their government to follow other countries' lead and slap a ban on Chinese IT firm Huawei. But Berlin doesn't seem inclined to bow to US pressure.

German officials were reportedly pushing earlier this year for their government to follow other countries' lead and slap a ban on Chinese IT firm Huawei. But Berlin doesn't seem inclined to bow to US pressure.

Euro Pound Sterling (EUR/GBP) Exchange Rate Dips as Brexit and Italy’s Budget Expectations Leave Investors Cautious EUR/GBP Exchange Rate Down as Brexit Tensions Pause The Euro Pound Sterling (EUR/GBP) exchange rate is down today, and is currently trading at £0.8898, as Sterling benefits from Brexit developments easing ‘no-deal’ tensions. EUR investors still remain cautious as they wait for Italia…

The Pound Sterling (GBP) outlook could change significantly over the next few weeks – with one of the most pivotal Brexit developments events set for next week. As a result, investors are hesitant to keep buying the British Pound to Euro (GBP/EUR) exchange rate and the pair shed most of its Wednesday recovery attempt overnight. Since... [...]

Get the GBP/USD Forex signal for December 6, 2018 here.

The Euro initially fell during trading on Wednesday but turned around to show resiliency yet again.

Ministers are suspending a "gold-plated" scheme offering foreigners a fast-track to settling in the UK.