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Foreign Currency Exchange Insight

Pound Slips Versus Euro and US Dollar, as Brexit Uncertainty Weighs
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Sterling loses its balance versus the common currency! The pound to euro exchange rate fell by -1 cent last week, to 1.1250. The pound weakened last week, because of continuing Brexit uncertainty.

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Sterling Flip-Flops Versus Euro, as Brexit Negotiations Up-in-The-Air
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Sterling flip-flops versus the common currency! The pound to euro interbank exchange rate wobbled between 1.1325 to 1.1425 last week. This is because the outlook for Brexit is unclear, as UK Brexit secretary Dominic Raab said that a deal is yet to be reached.

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GBP Rides Rollercoaster Versus EUR, as Brexit Hopes Rise Then Fall
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Sterling hits a speedbump! The pound to euro interbank exchange rate hit its highest in 4 months last week, at 1.1461, then fell back to 1.1340. The pound initially spread its wings last week, because the EU's chief Brexit negotiator Michel Barnier said that he thinks a deal can be reached.

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Sterling Jumps Versus Euro and US Dollar, as Brexit Deal Likelier
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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. 

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Sterling Jumps Versus Euro, as Raab Optimistic for Brexit Deal
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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.

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Pound Flies Higher Versus US Dollar, as America’s Inflation Eases
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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.

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Sterling Jumps Versus Euro, as EU’s Barnier Upbeat on Brexit Deal
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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.

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Pound Jumps Versus Euro, as EU to Offer Favourable Brexit Deal
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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.

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Pound Slides Versus Euro, as UK Wage Growth Remains Slow in June
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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.

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Pound Slides Versus Euro and US Dollar, as Markets Query BoE Hike
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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.

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