Daily Currency Updates
A round up of the latest daily currency updates from the Currency News desk.
EUR to GBP Exchange Rate Gains on UK Election Jitters
31 May 2017 at 1 PM - Written by Frank Davies
STORY LINK EUR to GBP Exchange Rate Gains on UK Election Jitters
After a brief drop earlier in the week, the Euro to British Pound exchange rate recovered on Tuesday evening and Wednesday morning due to fresh uncertainty about next week’s UK general election.
EUR/GBP began the week trading at the level of 0.8730 but dropped to a low of 0.8662 on Tuesday. By Wednesday morning the pair was trending near...
CATEGORIES: Daily Currency Updates Euro Pound Forecasts
GBP to USD Exchange Rate Benefits from Trump Uncertainty
17 May 2017 at 1 PM - Written by Tim Boyer
STORY LINK GBP to USD Exchange Rate Benefits from Trump Uncertainty
While Sterling has dropped against some other major currencies this week, the Pound to US Dollar exchange rate has advanced. Rising political anxiety in the US has harmed Fed rate hike bets and the appeal of the US Dollar.
Last week saw GBP/USD drop to 1.2886. However, since markets opened this week the pair has trended higher. On...
CATEGORIES: Daily Currency Updates Dollar Pound Forecasts