The British Pound has slipped steadily against the US Dollar since mid-September, tracking the US currency’s broad recovery and renewed caution around the UK’s fiscal and monetary outlook.
Rabobank expects the Pound Sterling to remain soft in the coming weeks as markets turn their attention to the UK Budget on 26 November and weigh the... Exchange Rates UK - Exchange Rates and Foreign Exchange
The British Pound traded slightly lower against the Euro and Dollar on Friday despite a strong run of UK data showing business activity and consumer spending both exceeding expectations, reinforcing Pantheon Macroeconomics’ view that the UK economy remains on a steady footing heading into the final months of the year.
Latest — Exchange... Exchange Rates UK - Exchange Rates and Foreign Exchange
The Euro to Dollar (EUR/USD) exchange rate is trading around 1.1614 (-0.03%), steady ahead of the latest US inflation data. Credit Agricole analysts maintain a "neutral" stance on EURUSD for the fourth quarter but expect the dollar to regain momentum through 2026.
The bank argues that both the euro’s recent positives and the dollar’s... Exchange Rates UK - Exchange Rates and Foreign Exchange
The price of Gold has eased back from record highs near $4,100 per ounce, as investors reassess the drivers behind this year’s extraordinary rally. Analysts at Natixis argue that the surge has been shaped more by short-term circumstances — political risk, rate expectations, and shifts in sentiment — than by any fundamental change in the... Exchange Rates UK - Exchange Rates and Foreign Exchange
The Pound to Euro exchange rate (GBP/EUR) has been held in relatively tight ranges over the past month, although it has dipped to just below 1.1470 on Thursday, close to 2-week lows.
Danske Bank expects underlying, but controlled, Pound selling, with a retreat to 1.1240 on a 12-month view.
The Pound has been hit by slightly lower than... Exchange Rates UK - Exchange Rates and Foreign Exchange
The Pound to Australian Dollar (GBP/AUD) exchange rate slipped on Thursday as a broad rally in global commodity prices bolstered the resource-linked Australian Dollar.
Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD): 2.04493 (-0.63%)Pound to Dollar (GBP/USD): 1.33254 (-0.18%)Australian Dollar to Dollar (AUD/USD): 0.65166... Exchange Rates UK - Exchange Rates and Foreign Exchange
The Pound to Euro (GBP/EUR) exchange rate traded sideways on Thursday as markets looked ahead to key Eurozone economic releases.
Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.14698 (-0.28%)Pound to Dollar (GBP/USD): 1.33296 (-0.15%)Euro to Dollar (EUR/USD): 1.16214 (+0.13%)
DAILY RECAP:
The Euro (EUR) saw muted movement on... Exchange Rates UK - Exchange Rates and Foreign Exchange
The Pound to Dollar (GBP/USD) exchange rate held steady on Thursday as renewed trade tensions between the US and China dampened risk appetite and underpinned the safe-haven US Dollar.
Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.33296 (-0.15%)Euro to Dollar (EUR/USD): 1.16214 (+0.13%)Dollar to Japanese Yen (USD/JPY): 152.5325... Exchange Rates UK - Exchange Rates and Foreign Exchange
The US Dollar to Turkish Lira (USD/TRY) exchange rate slipped slightly on Thursday after the Central Bank of Turkey slowed its pace of easing, cutting the policy rate by 100 basis points to 39.5%.
Latest — Exchange Rates:Dollar to Turkish Lira (USD/TRY): 41.9612 (-0.03%)Euro to Turkish Lira (EUR/TRY): 48.75 (+0.02%)Pound to Turkish Lira... Exchange Rates UK - Exchange Rates and Foreign Exchange
The US Dollar to Swiss Franc (USD/CHF) exchange rate edged lower on Thursday, with the Franc holding firm after the Swiss National Bank’s (SNB) policy minutes reinforced expectations that interest rates will remain unchanged for now.
Latest — Exchange Rates:Dollar to Swiss Franc (USD/CHF): 0.79552 (-0.08%)Euro to Swiss Franc (EUR/CHF):... Exchange Rates UK - Exchange Rates and Foreign Exchange
The South African rand is trading stronger across the board, with the Pound to Rand exchange rate (GBP/ZAR) at 23.0731 (-0.82%), the Euro to Rand (EUR/ZAR) at 20.1049 (-0.60%), and the Dollar to Rand (USD/ZAR) at 17.3204 (-0.61%).
The latest move comes as traders weigh cautious messaging from the South African Reserve Bank (SARB) against... Exchange Rates UK - Exchange Rates and Foreign Exchange
Pound Sterling exchange rates held steady on Tuesday, with GBP/USD hovering near 1.34 and EUR/GBP around 0.87, as traders braced for political and fiscal headlines ahead of the UK Autumn Budget.
Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.33212 (-0.21%)Euro to Dollar (EUR/USD): 1.1613 (+0.06%)Dollar to Japanese Yen (USD/JPY):... Exchange Rates UK - Exchange Rates and Foreign Exchange
The immediate media attention is on the November budget, but Rabobank notes that a longer-term much more dramatic market-moving event would be any threat to Bank of England independence.
If a future reform-led Reform government amended legislation to undermine independence, Rabobank considers that the Pound would slump 10% within 2 months.... Exchange Rates UK - Exchange Rates and Foreign Exchange
The Pound to Australian Dollar (GBP/AUD) exchange rate dropped sharply on Wednesday after weaker-than-expected UK inflation data reignited expectations for a Bank of England rate cut before year-end.
Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD): 2.05765 (-0.07%)Pound to Dollar (GBP/USD): 1.33565 (-0.07%)Australian... Exchange Rates UK - Exchange Rates and Foreign Exchange
The Pound to Euro (GBP/EUR) exchange rate slumped on Wednesday after a weaker-than-expected UK inflation print reignited speculation of an earlier Bank of England rate cut.
Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.1502 (-0.17%)Pound to Dollar (GBP/USD): 1.33565 (-0.07%)Euro to Dollar (EUR/USD): 1.16124 (+0.11%)
DAILY... Exchange Rates UK - Exchange Rates and Foreign Exchange
The Pound to Dollar (GBP/USD) exchange rate fell on Wednesday as cooler UK inflation data revived speculation of a near-term Bank of England rate cut.
Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.33565 (-0.07%)Euro to Dollar (EUR/USD): 1.16124 (+0.11%)Dollar to Japanese Yen (USD/JPY): 151.915 (+0.03%)
DAILY RECAP: ... Exchange Rates UK - Exchange Rates and Foreign Exchange
The Euro to Dollar (EUR/USD) exchange rate has continued to edge lower and is trading at 1-week lows close to the 1.16 level.
The dollar has secured net gains while overall uncertainty has intensified amid the US government shutdown, US-China trade wars and a surge in gold.
Although Danske expects EUR/USD will make renewed medium-term... Exchange Rates UK - Exchange Rates and Foreign Exchange
The Dollar to Canadian Dollar (USD/CAD) exchange rate eased on Wednesday, slipping below the 1.40 handle as firmer inflation data and steady yields lent the Loonie modest support.
Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.86965 (-0.23%)Euro to Canadian Dollar (EUR/CAD): 1.62409 (-0.14%)Dollar to Canadian Dollar... Exchange Rates UK - Exchange Rates and Foreign Exchange
The Euro to US Dollar (EUR/USD) exchange rate edged lower on Wednesday as the Dollar held firm, supported by lingering risk caution and expectations that the Federal Reserve may remain patient before cutting rates.
Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.14887 (-0.29%)Pound to Dollar (GBP/USD): 1.33129 (-0.4%)Euro to Dollar... Exchange Rates UK - Exchange Rates and Foreign Exchange
The Chinese yuan is trading around 7.1251 against the dollar, edging 0.04% higher on the day, as renewed US–China trade frictions, domestic deflation, and monetary policy divergence continue to shape the currency’s outlook.
Economists at Rabobank say Washington’s renewed tariff pressure under the Trump administration, combined with... Exchange Rates UK - Exchange Rates and Foreign Exchange
The Pound to Dollar (GBP/USD) exchange rate failed to break any significant resistance levels early this week and took a fresh dive after the latest UK inflation data.
The headline inflation rate held at 3.8% for the third successive month compared with expectations of an increase to 4.0% while the core rate was slightly lower at 3.5% from... Exchange Rates UK - Exchange Rates and Foreign Exchange
The British Pound Sterling edged lower against the majors on Tuesday, including the Euro and US Dollar, after UK inflation surprised to the downside, reigniting expectations that the Bank of England could begin cutting rates before year-end.
Sterling weakened by around 0.3% against both major counterparts — with the pound to euro... Exchange Rates UK - Exchange Rates and Foreign Exchange
The pound sterling exchange rates held steady on Tuesday, with GBP/USD hovering near 1.34 and EUR/GBP around 0.87, as traders braced for political and fiscal headlines ahead of the UK Autumn Budget.
Chancellor Rachel Reeves faced mounting pressure to plug a widening fiscal hole while maintaining market confidence, and any early leaks of... Exchange Rates UK - Exchange Rates and Foreign Exchange
The Pound to Dollar (GBP/USD) exchange rate dipped to 10-week lows close to 1.3250 in mid-October before rallying and is currently trading around 1.3380.
JP Morgan notes that GBP/USD has failed to break a key resistance level around 1.3475 and has also failed to break above another key resistance level at 1.3525.
In this context, the... Exchange Rates UK - Exchange Rates and Foreign Exchange
UK borrowing data revised lower — but £33bn fiscal squeeze still looms, say UK economists
Britain’s public finances have been revised in the right direction, but the relief for the Chancellor may prove fleeting. The Office for National Statistics’ correction to VAT data has shaved billions off the borrowing tally, yet the government... Exchange Rates UK - Exchange Rates and Foreign Exchange