Dollar Nudges Ahead: Dollar Update
The Dollar Strengthens Against the Euro On average, the dollar was a fraction ahead of the other major currencies. It lost two thirds of a cent to the pound and strengthened by a third of a cent against the euro.…
sterling
Spanish Politics Makes for Tricky Week: Euro Update
Euro experiences a loss against major currencies As Britain prepared for its third general election in four years, Spain was holding its fourth in the same period and the second this year alone. The result, yet again, was inconclusive but investors…
The Pound is Defiant: Sterling Update
Despite pessimism from many outlets the pound had a strong week In view of the last week’s economic news and data, it might come as a surprise to see how well sterling has done. Last Friday, Moody’s, a credit rating firm,…
Pound Hits a New High as Brexit Talks Maintain Momentum
As EU and UK top brass agree that a Brexit deal is achievable ahead of the deadline at the end of the month, the exchange rate from sterling to euros is higher than we’ve seen in months at £1.149 to…
Ask the Experts – The Highs and Lows of Currency
Mar Bonnin-Palmer makes sure you don’t get caught out by post-Brexit swings in the currency market – and secure a competitive exchange rate. Q: Do I really need to use a currency broker? Entrusting your money to a…
Rate Alert: Sterling’s growth continues
The pound continues to make steady gains against the euro as Italy’s budget dilemma continues after the EU revealed its plans to increase spending, adding to its already massive debt pile of some 130% of the GDP. The pound’s…
Update on the Brexit Negotiation and the Impact on the Sterling-Euro Rate
Tensions are rising within the UK Government and doubts are persisting over Prime Minster Theresa May’s ability to deliver Brexit. In early July, following the much hyped Chequers away day, a supposed ‘soft Brexit’ plan had been proposed by Prime…
