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US Dollar Vs Pound at 3-Week High, as BoE Surprisingly Downbeat
US Dollar Vs Pound at 3-Week High, as BoE Surprisingly Downbeat

The US dollar vs pound interbank exchange rate has hit 0.7810 in the last day. This is its highest in over three weeks, or since October 17th. In part, this is because, yesterday, two Bank of England policymakers surprisingly voted to cut UK interest rates.

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Australian Dollar to Pound Near 3-Week High, as BoE May Be Downbeat
Australian Dollar to Pound Near 3-Week High, as BoE May Be Downbeat

The Australian dollar to pound interbank exchange rate stands at 0.5364 today, just 0.2% below its recent three-week high. In part, this is because it’s thought that the Bank of England could cut its UK economic growth outlook today.

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Sterling Vs Euro Nears 26-Week High, on Eurozone Weakness
Sterling Vs Euro Nears 26-Week High, on Eurozone Weakness

The sterling vs euro interbank exchange rate has reached 1.1646 in the last day, just 0.02% below its recent 26-week high, its strongest since May 8th, reached last October 21st, at 1.1649. In part, this is because the Eurozone’s economy continues to show signs of weakness.

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US Dollar Vs Pound Near 1-Week High, on Hung Parliament Risk
US Dollar Vs Pound Near 1-Week High, on Hung Parliament Risk

The US dollar vs pound interbank exchange rate has hit 0.7765 in the past day, its highest in close to one week, or since October 30th. In part, this is because many financial investors think that there’ll be a ‘hung’ Parliament, at the UK’s forthcoming general election.

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Euro Rates Today at 1-Week High, as UK Services to Stay Slow
Euro Rates Today at 1-Week High, as UK Services to Stay Slow

The euro to the pound interbank exchange rate has hit 0.8657 in the last day, its highest in over one week, or since October 25th. In part, this is because it’s forecast that the UK’s dominant services sector contracted again in October.

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Pound to Canadian Dollar Rate at 21-Week High, as Tories Lead in Polls
Pound to Canadian Dollar Rate at 21-Week High, as Tories Lead in Polls

The pound to Canadian dollar interbank exchange rate has hit 1.7074 in the last day. This is its highest in over 21 weeks, or since June 3rd 2019. In part, this is because the opinion polls suggest that the Tories may win a majority, at the UK’s upcoming election.

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Pound Vs US Dollar at 1-Week High, as Fed Cuts Interest Rates
Pound Vs US Dollar at 1-Week High, as Fed Cuts Interest Rates

The pound vs US dollar interbank exchange rate stands at 1.2943 today, its highest in over one week, or since October 22nd. In part, this is because, yesterday, the US Federal Reserve cut interest rates by 0.25%, to 1.5%-1.75%.

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Pound Vs US Dollar Near 1-Week High, as UK to Hold Election
Pound Vs US Dollar Near 1-Week High, as UK to Hold Election

The pound vs US dollar interbank exchange rate stands at 1.2905 today, its highest in close to one week, or since Thursday 24th October. In part, this is because the UK has announced that it will hold a general election in December, which it’s hoped will be the Brexit “end game”.

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Pound Euro Exchange: Boris to Try and Call General Election
Pound Euro Exchange: Boris to Try and Call General Election

The pound to euro interbank exchange rate stands at 1.1594 today at the time of writing, just 0.47% below its recent 24-week high. One factor that may influence the rate is that, today, Prime Minister Boris Johnson will again try to call a general election, for early December.

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Euro to The Pound Today: EU Set to Grant Brexit Extension
Euro to The Pound Today: EU Set to Grant Brexit Extension

The euro to the pound interbank exchange rate stands at 0.8649 today. This is just 0.43% below its 11-day high, reached last October 17th, at 0.8687. In part, this is because the EU looks set to grant the UK another three month extension to Brexit.

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