Tag Archives: uk exchange rate

Pound Foreign Exchange Rate Falls as BoE Cuts UK Growth Forecast

By Peter Lavelle Welcome to our account of changes in the foreign exchange rates in the last 24 hours, as well as our look ahead. In The Past 24 Hours: 1. The pound fell across the board yesterday, as the … Read more

Pound Declines as UK Re-Enters Recession

Welcome to our account of changes in the foreign exchange rate in the last 24 hours, as well as our look ahead. Of course, the big news this morning is that the UK officially re-entered recession yesterday, following two consecutive … Read more

Can The UK Close Its Trade Gap?

Welcome to our account of movement in the foreign exchange rates in the past 24 hours. Here’s a multi-billion pound question for you: can the UK close its trade gap? It’s especially pertinent given that, according to figures released yesterday, … Read more

Spain Bailout Threat Boosts UK Pound

Welcome to our account of changes in the exchange rate in the past 24 hours. Will Spain need a bailout or not? This is the question on the lips of most investors in the past 24 hours, and a problem … Read more

Pound Rises as UK Manufacturing Gains Pace

Good morning! Welcome to our account of movement in the foreign exchange rate in the past 24 hours. UK Manufacturing Rises Is UK manufacturing enjoying a comeback? It certainly looks this way, following reports that output reached 52.1 last month … Read more

Pound Stable as Europe Upgrades Firewall

Hi there, Welcome to our account of changes in the foreign exchange rate over the weekend. Europe Tops Up Bailout Fund The pound remains unchanged against the major currencies this morning, as markets react with a shrug to reports that … Read more

Pound Gains Across The Board on Spanish Strike

Good morning! Welcome to our daily account of changes in the foreign exchange rate. Spain Holds General Strike The pound has gained across the board this morning, picking up more than a cent against the US and Canadian dollars in … Read more

UK Pound to US Dollar Exchange Rate Gains on Budget Boost

Hi there! Here is our account of the changes in the exchange rate in the past 24 hours. The pound has shot ahead of the US dollar at present, gaining more than two cents compared to last Thursday’s rate, on … Read more

Pound Exchange Rate Stable in Spite of Credit Rating Warning

Good morning! Here is our account of changes in the foreign exchange rate in the last 24 hours. The pound has held its ground against the major currencies overnight, in spite of a series of pessimistic announcements regarding the UK … Read more

UK Pound Gains as Trade Deficit Shrinks

Good morning! Here is our account of changes in the exchange rate in the past 24 hours. The pound has gained more than a cent overnight against currencies including the euro and New Zealand dollar. It would be nice to … Read more

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