Tag Archives: Pound

Pound US dollar exchange rate sinks as UK inflation remains at three-year low

The pound US dollar exchange rate dipped by -0.3 percent today, with the pairing currently trading around $ 1.308 after the UK year-on-year inflation figure held at a three-year low of 1.5 percent in November. The report also showed that UK inflation continues to undercut the Bank of England’s target of 2 percent by a wide margin. Daily Express :: ...

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Pound Euro exchange rate: GBP/EUR flat after hitting 3-year highs

The pound is trading statically against the euro today following the publication of weak flash PMI data, with GBP/EUR lingering around €1.199. The Pound stormed higher last week on the back of the UK election result and Sterling has largely retained those gains as traders remain optimistic that Boris Johnson will be able to deliver his Brexit deal and get ...

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