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Canadian Dollar to Pound Rate Rises, as Poloz Says Rates “About Right”
Canadian Dollar to Pound Rate Rises, as Poloz Says Rates “About Right”

The Canadian dollar to pound interbank exchange rate has risen in the past day, from a low of 0.5791 yesterday to 0.5839 today, a gain of 0.82%. In part, this is because, yesterday, Bank of Canada Governor Stephen Poloz said that Canada’s interest rates are “about right”.

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Sterling Vs Euro Near 6-Month High, on Tory Election Win Odds
Sterling Vs Euro Near 6-Month High, on Tory Election Win Odds

The sterling vs euro interbank exchange rate stands at 1.1675 today, just 0.42% below its highest in over six months. In part, this is because the markets continue to think that the Tories will form a stable government, after next month’s UK election.

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Pound to Canadian Dollar Rate at 26-Week High, as BoC Likelier to Cut
Pound to Canadian Dollar Rate at 26-Week High, as BoC Likelier to Cut

The pound to Canadian dollar interbank exchange rate stands at 1.7162 today, its highest in over 26 weeks, or since May 17th 2019. In part, this is because the Bank of Canada now looks likelier to cut interest rates, below their current 1.75%.

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Pound to Australian Dollar at 41-Month High, as RBA Mulled Cut
Pound to Australian Dollar at 41-Month High, as RBA Mulled Cut

The pound to Australian dollar interbank exchange rate stands at 1.9079 today, its highest in three years and five months, or since June 23rd 2016. In part, this is because the Reserve Bank of Australia considered cutting interest rates this month.

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Pound Euro Exchange at New 6-Month High, as Tories Extend Lead
Pound Euro Exchange at New 6-Month High, as Tories Extend Lead

The pound to euro interbank exchange rate stands at 1.1717 today, its highest in six months, or since May 6th. In part, this is because the Conservative Party has further extended its electoral lead, say the latest polls.

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Sterling Vs Euro at New 6-Month High, on Odds of Stable UK Government
Sterling Vs Euro at New 6-Month High, on Odds of Stable UK Government

The sterling vs euro interbank exchange rate has hit 1.17 in the last day, its highest since May 6th, or over six months. In part, this is because the markets are hopeful that there’ll be a stable UK government, after next month’s election.

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Pound to Australian Dollar Hits 3-Week High, as AU Joblessness Rises
Pound to Australian Dollar Hits 3-Week High, as AU Joblessness Rises

The pound to Australian dollar interbank exchange rate stands at 1.8898 today, its highest in over three weeks, or since October 21st. In part, this is because Australia’s unemployment rate fell in October, said official statistics yesterday.

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New Zealand Dollars to Pounds at 1-Month High, as RBNZ Holds
New Zealand Dollars to Pounds at 1-Month High, as RBNZ Holds

The New Zealand dollars to pounds interbank exchange rate has hit 0.4987 today, its strongest in one month, or since October 15th. In part, this is because the Reserve Bank of New Zealand (RBNZ) has unexpectedly held interest rates steady.

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Pound Euro Exchange at 28-Week High, as Farage Won’t Contest Tory Seats
Pound Euro Exchange at 28-Week High, as Farage Won’t Contest Tory Seats

The pound to euro interbank exchange rate has hit 1.1675 in the last day, its highest in 28 weeks, or since May 8th. In part, this is because Brexit Party leader Nigel Farage has announced that he won’t contest Tory-held seats, at the UK election.

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Sterling Vs Euro Near 26-Week High, Ahead of Key UK/EZ Data
Sterling Vs Euro Near 26-Week High, Ahead of Key UK/EZ Data

The sterling vs euro interbank exchange rate stands at 1.1616 today, just 0.28% below its highest in over 26 weeks. This week there's key UK and Eurozone economic data due for release, including UK economic growth for over the Summer.

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