pound

LONDON (Reuters) - The British pound was unchanged on Friday at the end of its best week since January, as investors waited for next week's parliamentary vote on Prime Minister Theresa May's deal to exit the European Union. Sterling has rallied this week - it is up 1.7 percent against the...

Preparing for a new Brexit vote On Tuesday, March 12, 2019, the House of Commons may vote on terms of the UK’s exit from the European Union. Is there a possibility for a big EURGBP change? Such dynamics indicate the weakening of the euro and the strengthening of the British pound. On March 11...

British MPC Meeting Minutes revealed that another member of the MPC, Martin Weale, voted in favor of rate hike. This added pressure raises the chances of a rate hike sooner than later, but it’s important to note that the meeting was held well before the horrible GDP figure. Is this a chance to...

Market Focus for 22 JAN 2010: U.K. Retail Sales Sales to rise 1.1% in December following surprise drop in November Consumers increased purchase ahead of VAT reset to 17.5% in January BRC sees ‘very tough’ year in 2010 U.K. retail sales data for the month of December will be released on...

The euro may decline to a seven-month low versus the pound upon a close below 86.37 pence, Citigroup Inc. said in a report citing technical patterns. The euro fell 1.2 percent as of 2:38 p.m. in New York to 86.77 pence, or 0.8677 pound, descending below the currency pair’s 200-day moving...

U.K. Treasury Chief Secretary Yvette Cooper said that the government has never had a policy of targeting the pound and has an inflation goal instead. Cooper, asked in an interview on the BBC’s Sunday AM show about the currency’s drop to a record low against the euro, said that there is...