The sterling vs euro interbank exchange rate has hit 1.1764 in the last day, its highest in over 31 months, or since May 14th 2017. In part, this is because the Tories are on course for an election victory, according to a trusted new poll.
The euro to the pound interbank exchange rate has risen by 0.55% in the last day, from a low of 0.8531 yesterday to 0.8578 today at the time of writing. In part, this is because the Conservative Party’s lead in the opinion polls has slipped.
The sterling vs euro interbank exchange rate has hit 1.1721 in the last day, its highest in over 29 weeks, or since May 6th 2019. In part, this is because the financial markets are increasingly confident of a Tory victory, at December 12th’s UK election.
The US dollar vs pound interbank exchange rate stands at 0.7787 today, just -0.11% below its strongest in over two weeks. In part, this is because the financial markets remain cautious about the result of the UK’s election, on December 12th.
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”.
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.
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%.
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.
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.
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.