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On Friday, pound sterling surged against the euro after a shock vote on interest rates from the Bank of England. Sterling was buying at €1.146 after reaching lows of €1.128 on Monday. But the peak was short-lived, as today, the pound to euro exchange rate currently stands at €1.1421. Experts believe the dip is down […]
GBP has dipped to as low as €1.1495 this morning, down from €1.1566 seen yesterday. The pound has been on a downward trajectory since the release of the UK’s growth data for the first quarter of the year. GDP grew 0.2 per cent in the first three months of 2017, down from an initial estimate […]
Reuters A Pew Research Center study examining public trust in the government found that women are now far less likely to be confident about the US’ future than men are. While 53% of men in a April 2017 Pew poll said they have a lot of confidence in the country’s future, only 29% of women […]
The wild swings in bitcoin continue. The cryptocurrency rallied 9% to an all-time high above $ 1,652 a coin on Thursday morning, but has given up virtually all of those gains over the past hour. Bitcoin now trades up 1.5% at $ 1,537.41 a coin. It plummeted as low as $ 1,498 after putting in its record […]
The pound faced a massive dip against the euro around midday yesterday, plummeting from 1.1780 to 1.735. It then dropped further to around 1.725 this morning, recovering from a low of 1.17235. The turmoil of the of British currency at the moment may in part be down to the French elections currently taking place in […]
Prime Minister Theresa May signed the letter triggering article 50 overnight, which will be delivered to Donald Tusk, president of the European Council, later today. This starts the official Brexit process taking the UK out of the European Union. In the run up to the letter’s delivery, the pound fell against the euro overnight from £1 […]
Sterling’s took a dive yesterday afternoon after the release of Eurozone data throughout the week strengthened the euro. It plunged from its 1.174 rate to figures below 1.164. Currently, £1 will buy you €1.165. To start with, Germany’s employment figures for February were relatively solid. Investors had expected the unemployment figure to drop by -10K […]
