The loonie reaches for the sky versus sterling! The Canadian dollar to pound interbank exchange rate has hit 0.5880 in the last day, its highest in over 2 weeks, or since December 19th. This is because the UK economy is "in a holding pattern", said the British Chamber of Commerce this week.
The common currency flies higher versus sterling! The euro to pound interbank exchange rate has hit 0.9086 in the last day, very close to its highest in 16 months, or since September 11th 2017. This is because financial markets remain uncertain over the outcome of Brexit.
Sterling strengthens versus the Aussie! The pound to Australian dollar exchange rate has hit 1.8311 in the last day, its highest in 10 weeks, or since October 23rd 2018. This is because Australia's house prices plummeted last year.
The euro rises! The Eurozone's common currency has hit 0.9053 versus sterling today, very close to its highest in 15 months, or since September 11th 2017. This is because the Bank of England (BoE) has warned of growing Brexit uncertainties for the UK economy.
Sterling flies higher versus the loonie! The pound to Canadian dollar exchange rate has hit 1.7061 today, its highest since December 7th, or close to 2 weeks. This is because the price of oil, Canada's biggest export, has fallen sharply.
Sterling strengthens versus the Aussie! The pound to Australian dollar exchange rate has hit 1.7839 today, its highest in 5 weeks, or since November 15th. This is because yesterday the US Federal Reserve again hiked interest rates, up to 2.5%.
Sterling jumps versus the Aussie! The pound to Australian dollar exchange rate has hit 1.7615 in the past day, its strongest in over 1 week, or since December 10th. This is because China's economy has slowed.
Sterling may strengthen versus the common currency in 2019! The pound to euro exchange rate stands at 1.1150 today, close to its highest in over 1 week, or since December 9th. Moreover, looking ahead, the pound could rise higher, as Eurozone business activity has fallen to a 4-year low.
The loonie jumps versus sterling! The Canadian dollar to pound exchange rate has reached 0.5938 today, just a cent below its highest in 14 months, or since October 20th 2017. This is because the EU has offered no concessions to the UK over Brexit.
The greenback rockets versus sterling! The US dollar to pound exchange rate has hit 0.8011 today, its highest in 20 months, or since April 10th 2017. The US dollar to pound exchange rate has hit this 20-month high, because UK prime minister Theresa May is due to face a "No Confidence" vote.