The pound jumped more than 1 percent against the euro today, with the pairing currently trading around €1.142. In a largely headline driven market, the pound rallied against the single currency as European Council President Donald Tusk said he had received “promising signals” from Irish Taoiseach, Leo Varadkar. Daily Express :: City and Business Feed
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Pound US dollar exchange rate: GBP/USD soars by 1.9 percent on UK-EU Brexit breakthrough
The pound US dollar exchange rate soared by over 1.9 percent today, with the pairing currently trading around $ 1.264 after the EU’s Chief Brexit Negotiator, Michael Barnier described a “constructive meeting” with the UK Brexit Secretary Steve Barclay. Today also saw the EU27 give the greenlight on “tunnel” negotiations ahead of the EU summit next week. Daily Express :: ...
Read More »Pound US Dollar exchange rate: expectations for October Fed rate cut buoys GBP/USD
The pound rose against the US dollar this afternoon with the pairing currently trading at around $ 1.226 as the ‘greenback’ slumped on September data revealing the weakest US inflation reading since January. With US data also revealing a retreat in underlying inflation, expectations for another near-term Federal Reserve rate cut increased. Daily Express :: Finance Feed
Read More »Pound US Dollar exchange rate: expectations for October Fed rate cut buoys GBP/USD
The pound rose against the US dollar this afternoon with the pairing currently trading at around $ 1.226 as the ‘greenback’ slumped on September data revealing the weakest US inflation reading since January. With US data also revealing a retreat in underlying inflation, expectations for another near-term Federal Reserve rate cut increased. Daily Express :: City and Business Feed
Read More »Pound euro exchange rate: GBP/EUR eases despite Brexit recession fears being ‘put to bed’
The pound euro exchange rate eased today, with the pairing currently trading around €1.109 after the UK’s growth figure for August fell from 0.4 percent to 0.1 percent. John Hawksworth, the Chief Economist at PwC, said that today’s figures had “put to bed” fears for a recession in the third quarter of 2019, but urged caution, warning of a problematic ...
Read More »Pound euro exchange rate: GBP/EUR eases despite Brexit recession fears being ‘put to bed’
The pound euro exchange rate eased today, with the pairing currently trading around €1.109 after the UK’s growth figure for August fell from 0.4 percent to 0.1 percent. John Hawksworth, the Chief Economist at PwC, said that today’s figures had “put to bed” fears for a recession in the third quarter of 2019, but urged caution, warning of a problematic ...
Read More »Pound Euro exchange rate: GBP/EUR falls as EU denies Irish backstop concession
THE pound slumped against the euro this afternoon, with the pairing currently trading at around €1.112 as the EU refuted news they were prepared to offer a major Brexit concession. Daily Express :: Finance Feed
Read More »Pound US dollar exchange rate: GBP/USD steady as UK-EU Brexit talks grind to a halt
THE pound US dollar exchange rate steadied at around $ 1.221 today as UK-EU Brexit talks ground to a halt with just 22 days to go until the deadline. Daily Express :: City and Business Feed
Read More »Pound Euro exchange rate: GBP/EUR falls as EU denies Irish backstop concession
THE pound slumped against the euro this afternoon, with the pairing currently trading at around €1.112 as the EU refuted news they were prepared to offer a major Brexit concession. Daily Express :: City and Business Feed
Read More »Pound euro exchange rate sinks as Brexit talks threaten collapse over ‘stupid blame game’
The pound-euro exchange rate fell by 0.6 percent today, with the pairing currently trading around €1.112 following contentious talks between Prime Minister Boris Johnson and German Chancellor Angela Merkel in which the German premier described Mr Johnson’s “final” deal proposal as “unworkable”. Daily Express :: Finance Feed
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