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Currency investors are being sent to the safety of the US dollar

Euro hit as coronavirus spreads, investors buy dollars

The euro dropped back towards $1.08 today and the Australian dollar tumbled to a new 11-year low as the rapid spread of the coronavirus outside China drove fears of a pandemic and sent investors to the safety of the US dollar.

Business • 24 Feb 20

Boris Johnson has said that Britain will not adhere to the European Union's rules and regulations

Pound hit by Brexit fears after Johnson's tough talk

Sterling fell by around 1.2% today after Prime Minister Boris Johnson set out tough terms for Brexit talks with the European Union.

Business • 03 Feb 20

Traders focusing on key Bank of England rates meeting on Thursday

Sterling steady ahead of Bank of England rate decision

Sterling was broadly steady today ahead of a key Bank of England interest rate decision later this week that many analysts see as too close to call.

Business • 27 Jan 20

Analysts say the pound is now being kept weak due to uncertainty around Britain's future trade relationship with the EU

Sterling holds near two-week lows

The pound edged down against the dollar today, holding near two-week lows hit after outgoing Bank of England Governor Mark Carney signalled a possible rate cut a day earlier.

Business • 10 Jan 20

Sterling continues to move further away from a two-week high of $1.3284 hit on December 17

Pound erases early gains as Brexit concerns resurface

The pound erased earlier gains today as investors refocused their attention towards Brexit talks and a European Central Bank policymaker said Britain could crash out of the EU without a deal in place by the end of 2020.

Business • 08 Jan 20

More than €224m in old Irish notes and more than €123m in old Irish coins is still unaccounted for

€350m worth of punts yet to be exchanged - Central Bank

The value of old Irish money that has not been swapped for euro since the change in currency equates to around €350m.

Business • 06 Jan 20

The Purchasing Managers Index survey for Britain's services for December came in with a final reading of 50

Sterling soars, helped by business surveys, weak dollar

Sterling rebounded today as investors who had sold the currency for safe havens after the US assassinated an Iranian general returned to the pound.

Business • 06 Jan 20

The euro and sterling rose today, while the dollar took a dip

Euro gains and sterling shines on growth hopes

The euro, the pound and some trade-sensitive currencies rallied as the dollar slid to a six-month low today.

Business • 31 Dec 19

Sterling slipped below $1.30 in overnight trading, the first time it did so in a fortnight

Sterling rises after bruising week of losses

The pound rose 0.4% today after three days of declines, trading close to its biggest weekly loss since 2017.

Business • 20 Dec 19

Sterling had surged to above $1.35 last week on the back of the Conservative Party's win in the UK general election

Sterling falls to two-week lows on new Brexit worries

Sterling hit two week lows after giving up all its post-election gains on fears that Britain may still leave the European Union without a trade deal at the end of next year.

Business • 19 Dec 19

Sterling has collapsed more than 3% since it peaked at an 18-month high of $1.3516 last week

Reality bites pound as Brexit fears return

Sterling fell 0.2% today as traders assessed the risk of a hard Brexit at the end of the year, with political news expected to take precedence over economic data.

Business • 18 Dec 19

Sterling hit a two and a half year peak against the euro today

Pound sees new rally as poll fuels election optimism

Sterling hit a seven-month high against the dollar and a two and a half year peak against the euro today.

Business • 09 Dec 19

Despite today's fall, the pound is still headed for its best week since mid-October

Sterling set for best week since mid-October

Sterling slipped today, consolidating after three days of gains that took the pound to two and a half year high against the euro and a seven-month high against the dollar.

Business • 06 Dec 19

Sterling has gained over 7% against the dollar since October

Sterling hits two and a half year peak against euro

Sterling hit two and a half highs against the euro today, on growing confidence that next week's election will give the Conservative Party the parliamentary majority it needs to deliver Brexit, ending near-term uncertainty.

Business • 05 Dec 19

Sterling rallies after Brexit Party leader Nigel Farage said he was standing down candidates in seats won by the Conservatives in 2017

Pound strengthens on Brexit Party boost

The pound has jumped, hitting a six-month high versus the euro and posted its biggest daily rise in nearly a month against the greenback after the Brexit Party said it would not contest previously Conservative-held seats in the UK's election.

Business • 11 Nov 19

Sterling has gained more than 5% over the last three weeks against the US dollar as fears of Britain crashing out of the European Union faded

Sterling holds the line as markets price election risks

The British pound wobbled briefly today as Britain looked set for a snap December election.

Business • 29 Oct 19

Sterling has now erased its gains for the week as hopes the UK parliament would pass Johnson's Brexit deal turned into more political uncertainty

Sterling down as EU delays Brexit extension verdict

Sterling edged down today as the European Union failed to set a date for Britain's departure from the bloc while the UK parliament squabbled over Prime Minister Boris Johnson's call for an election to break the deadlock.

Business • 25 Oct 19

Mario Draghi's last news conference as President of the ECB was not the grand finale he was hoping for

Draghi defends legacy as ECB keeps money taps on

European Central Bank President Mario Draghi today defended his ultra-easy monetary policy stance as his eight-year tenure at the bank closes in exactly the same place he started: trying to prop up a perpetually ailing currency bloc.

Business • 25 Oct 19

Sterling sees further falls this morning after overnight weakness

Sterling pressured as Brexit timetable blocked

Sterling slipped further off recent highs around $1.30 this morning after the British parliament voted to approve the withdrawal deal but rejected the tight timetable to legislate on the deal in time for the October 31 deadline.

Business • 23 Oct 19

Prime Minister Boris Johnson is facing crucial Brexit votes in parliament later today

Sterling retreats below $1.30 ahead of key Brexit votes

Sterling fell 0.5% to the day's low after the BBC's political editor quoted a source as saying the UK government would pull its Brexit legislation and push for elections if lawmakers voted down its proposed bill.

Business • 22 Oct 19

Sterling rises against both the euro and dollar today

Pound holds near $1.30 as Brexit deal vote blocked

Sterling traded around $1.30 today, a 5 and a half month high, unmoved by House of Commons Speaker John Bercow's decision not to immediately allow a vote on the Brexit withdrawal deal.

Business • 21 Oct 19

The mood music for sterling's short term outlook has improved, but market watchers caution there are a few hurdles before Britain and the EU can agree a deal

Pound bruised as Brexit deal doubts creep in

Sterling gave up some of last week's strong gains on Monday after the European Union and Britain said a lot more work would be needed to secure an agreement on the country's departure from the bloc by October 31.

Business • 14 Oct 19

The British pound is poised for its first weekly gain in three weeks

Sterling set for first weekly rise in three weeks

Sterling rose today and was poised for its first weekly gain in three weeks as investors cut some short bets on the British currency.

Business • 04 Oct 19

The pound has found little direction in recent days as Brexit concerns dominate

Sterling jumps to 8 day high

Sterling jumped to an eight-day high after the head of a group of euro sceptic lawmakers in Prime Minister Boris Johnson's Conservative Party said the government's latest Brexit proposals offered the possibility of a "tolerable deal".

Business • 03 Oct 19

Concerns about whether a last-minute Brexit deal was achievable continues to hit sterling

Sterling falls after weaker than expected UK inflation

Sterling fell on Wednesday after British prices in August grew at their slowest pace since late 2016, while concerns about whether a last-minute Brexit deal was achievable also weighed on the currency.

Business • 18 Sep 19

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