Tag: Pound Dollar

• Tuesday, November 13th 2018 - 07:08 UTC

  The pound falls to US$ 1.286 in Monday trading on Brexit uncertainty

  

  The pound has sunk in volatile trading after reports that a Brexit deal was near were downplayed by UK officials. Downing Street said “substantial issues” still need to be resolved as negotiators try to secure an agreement over the UK's exit from the EU.

• Thursday, November 1st 2018 - 06:12 UTC

  The Times reports EU/UK tentative deal on financial services: sterling jumps 0.6%

  

  British Prime Minister Theresa May has struck a deal with the European Union that would give UK financial services companies continued access to European markets after Brexit, the Times reported on Thursday.

• Tuesday, April 17th 2018 - 07:54 UTC

  Pound in strong sustained run against the US dollar

  

  The pound has continued its recent strong run against the dollar pushing firmly above US$ 1.43. It is the seventh session in a row that the pound has made gains against the US currency. The strong run means that, among the G10 group of rich nations, the UK has the best-performing currency this year.

• Tuesday, February 23rd 2016 - 05:52 UTC

  Pound suffers the London Mayor Johnson effect as he supports Brexit

  

  The pound hit its lowest level against the dollar in almost seven years on concerns about a possible UK exit from the European Union. At one stage the pound was down as much as 2.4% at $1.4058, its lowest level since March 2009, before later recovering.