The sterling vs euro interbank exchange rate stands at 1.1811 today at the time of writing. By comparison, yesterday the pound was as low as 1.1705 versus the Eurozone’s common currency on the interbank market. So it’s since strengthened by over one cent, or by 0.9%.
The euro to the pound interbank exchange rate stands at 0.8539 today at the time of writing. By comparison, back on January 1st 2020, the common currency was as weak as 0.8436 versus sterling, so it’s since strengthened by 1.22%.
The Canadian dollar to pound interbank exchange rate stands at 0.5893 today, its highest in 8 weeks, or since November 11th. In part, this is because investors are concerned about the UK’s future EU trade deal talks this year.
The sterling vs euro interbank exchange rate stands at 1.1821 today, just 0.27% below its near two-week high. In part, this is because, following last month’s election, it’s hoped that the UK economy will rebound in 2020.
The Australian dollar to pound interbank exchange rate stands at 0.5298 today, its highest in five weeks, or since November 13th. This is because the Reserve Bank of Australia (RBA) looks somewhat less likely to cut interest rates in 2020.
The euro to the pound interbank exchange rate stands at 0.8510 today, just 0.03% below its recent two-week high. In part, this is because it’s thought that the Bank of England may hint that it could cut UK interest rates today.
The euro to the pound interbank exchange rate stands at 0.8513 today, its highest in two weeks, or since December 4th 2019. In part, this is because Prime Minister Boris Johnson will legislate to limit the UK’s future EU trade talks, up to a deadline of December 31st 2020.
The US dollar vs pound interbank exchange rate stands at 0.7592 today, its highest in five days, or since December 12th. In part, this is because it’s reported that Prime Minister Boris Johnson will prohibit extending the Brexit transition beyond 2020.
The pound to euro interbank exchange rate stands at 1.2045 today, just 0.25% below sterling’s recent 39-month high. In part, this is because the Conservatives have won a large majority of MPs, in the UK’s general election.
The sterling vs euro interbank exchange rate has hit 1.2081 today, its highest in 39 months, or since September 3rd 2016. In part, this is because the Conservative Party has won a surprisingly large majority, at the UK’s general election.