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Dollar, Pound Sterling
Pound Sterling trades flat versus the US Dollar on Tuesday
GBP/USD’s declined by 0.71% on Monday following tough talk from US President-elect Donald Trump in which he threatened to hit the BRICS trading bloc with 100% tariffs unless it gave up its search for an alternative to the US Dollar. Stronger-than-expected US Purchasing Manager Index (PMI) data further boosted the Buck.
Higher for Longer Rates to Underpin Pound Sterling vs. Euro and Dollar
The Pound to Euro exchange rate is up 4.67% in 2024, and the Pound to Dollar exchange rate is down 0.40%, making Serling the second-best performing G10 of the year after USD. The Bank of England expects interest rates to be cut at a steady one-per-quarter rate in 2025, which implies four 25-basis point cuts.
Sterling picks up versus dollar, flat against euro
Sterling gained against the dollar on Tuesday after dovish comments from Federal Reserve Governor Christopher Waller and was steady against the euro as political turmoil in France kept investors on edge.
Sterling Rises Against Euro on French Politics
Sterling rose to a one-and-a-half week high against the euro on the prospect of the French government facing a no-confidence vote over its fiscal tightening plans, ING said.
Pound Sterling Jumps against Euro, Dollar on Signs Inflation is Rising Again
Pound Sterling jumped after the UK reported a broad-based inflation rise in October. The Pound to Euro exchange rate rallied to 1.20 in the minutes after the ONS said CPI inflation rose to 2.3% year-on-year in October from 1.7% in September, which was a bigger rise than the 2.2% the market was anticipating.
Sterling rises versus euro towards its 2-1/2-year high
Sterling dropped versus the dollar and rose against the euro on Monday, with political troubles in France and the so-called Trump trade back in focus. The euro fell on Monday on growing concerns about a possible government collapse in France,
3h
Pound Sterling gains as BoE Bailey sticks to gradual easing approach
The Pound Sterling rises as BoE Governor Andrew Bailey sticks to follow a gradual policy-easing approach. Financial market ...
1h
on MSN
Sterling ticks higher in third day of gains
The British pound rose for a third consecutive session on Thursday as it continued to recover from a six-month trough hit in ...
Exchange Rates
1d
NatWest Forecast Pound Sterling To Rise To 1.22 Against Euro By End 2025
The
Pound
to Euro (GBP/EUR) has regained the 1.20 level and is trading not far below 31-month highs above 1.21 recorded in ...
Reuters on MSN
17d
Sterling Finds Footing After Hitting Six-Month Low on Trump Victory
LONDON (Reuters) - The
pound
held steady on Monday after falling to a six-month low the previous week as the dollar surged ...
2d
Pound Sterling weakens against US Dollar after Trump threatens to tariff BRICS
The Pound Sterling falls on Monday against the US Dollar after Donald Trump threatened BRICS with 100% tariffs, supporting ...
Exchange Rates
1d
Pound Sterling Forecasts
Copyright © 2006-2024 Exchange Rates UK. All rights reserved. The information and
news
on this website is not financial advice or a recommendation. All displayed ...
1d
on MSN
Sterling briefly dips following remarks from BoE's Bailey
Sterling briefly dipped against the dollar on Wednesday after Bank of England Governor Andrew Bailey said gradual cuts in ...
19h
Your next foreign holiday just got more expensive as Labour sinks the pound
As if we didn't have enough to contend with, Brits will have to pay more for their winter sun as the pound has plunged since ...
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