Sterling gains against the common currency! The pound to euro interbank exchange rate flew +1.5 cents last week, up to 1.1392, its highest in 14 weeks, or since June 22nd. The pound rose, chiefly because a Brexit deal now looks far likelier. 

Sterling jumps versus the common currency! The pound to euro interbank exchange rate has risen +1.25 cents last week, to 1.1250. The pound has strengthened recently, because there's optimism that the UK and EU will agree a Brexit deal, by the November deadline.

The pound to US dollar interbank exchange rate jumps! Sterling climbed by +1.5 cents versus the greenback last week, to 1.3075. The US dollar lost out last week, first because America's inflation rose below forecasts.

Sterling bounces back versus the common currency! The pound to euro interbank exchange rate gained +0.5 cents last week, up to 1.12. The pound strengthened last week, chiefly because the EU's chief Brexit negotiator Michel Barnier made upbeat remarks about a possible Brexit deal.

Sterling strengthens versus the common currency! The pound to euro interbank exchange rate jumped by +0.75 cent last week, to 1.1125. The pound flew higher last week, chiefly because the EU's Brexit negotiator, Michel Barnier, was more upbeat about agreeing a trade deal with the UK.

Sterling slips further versus the common currency! The pound to euro interbank exchange rate sank by -0.75 cents last week, to around 1.1150. This is because, even though UK joblessness fell in June, wages in Great Britain rose by just +2.7%, telling us that Britons' living standards continue to rise slowly.

Sterling sinks versus the Eurozone's common currency and the greenback! The pound has lost out, because financial markets question whether the Bank of England's decision to lift UK interest rates to 0.75% was the right call, given the UK's slow wage growth, and ongoing Brexit uncertainty.

Sterling edges up versus the common currency! The pound to euro interbank exchange rate gained +0.5 cents last week, to 1.1250. The pound triumphed last week, because the UK economy beat forecasts. In particular, the CBI's survey of UK factory output jumped to 11 in July.

Sterling drops versus the common currency! The pound to euro interbank exchange rate fell by -1.25 cents last week, down to 1.12. The pound sank into the mud last week, first because UK retail sales unexpectedly declined by -0.4% in June, well below hopes for a +0.5% rise.

The pound to euro interbank exchange rate stuck close to 1.13-1.14 last week, as the EU may force UK prime minister Theresa May to revise her Brexit white paper.