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Sterling extended its gains yesterday on the news that Brexit trade talks would restart after halting abruptly last week

Sterling holds near new highs as Brexit talks restart

The pound slipped slightly against the dollar today, but held close to the six-week highs it hit in the previous session following news that stalled Brexit negotiations were due to resume.

Business • 22 Oct 20

Sterling remains below a 2020 high of nearly $1.35 hit in early September

Sterling falls as EU leaders press for Brexit deal

Sterling weakened today as traders worried about the obstacles keeping the European Union and Britain from reaching a Brexit trade deal.

Business • 15 Oct 20

Hopes for a Brexit deal kept sterling above the key $1.30 level despite more Covid-19 restrictions

Sterling holds above $1.30 ahead of new lockdown moves

Sterling edged lower against the dollar today, with British Prime Minister Boris Johnson expected to announce new restrictions as the Covid-19 outbreak accelerates, but hopes for a Brexit deal kept the currency above the key $1.30 level.

Business • 12 Oct 20

Sterling rose today but saw a tumultuous day yesterday amid Brexit concerns

Sterling higher as UK, EU continue Brexit talks

Sterling rose today as Britain's David Frost and the European Union's Michel Barnier meet to continue Brexit talks.

Business • 02 Oct 20

Standards like Bitcoin are forcing central banks to consider launching digital versions of their own currencies

ECB seeking public's input on a potential digital euro

The European Central bank "should be prepared" to possibly launch a digital currency, president Christine Lagarde has said, adding that the public will be asked to weigh in on the issue.

Business • 02 Oct 20

Sterling falls as the EU launches its legal case against the UK

Sterling falls as EU launches legal case against UK

Sterling fell against the dollar and the euro today after a report that Britain and the EU were still far apart on the key issue of state aid in Brexit trade talks.

Business • 01 Oct 20

Sterling rises by more than 1% on hopes that Britain could secure a Brexit trade deal with the European Union by October

Sterling jumps more than 1% amid Brexit hopes

Sterling soared more than 1% today on hopes that Britain could secure a Brexit trade deal with the European Union by October or at least avoid a cliff-edge exit from the bloc.

Business • 28 Sep 20

The pound remained above $1.27 on the overall picture of more government support to rescue businesses and jobs

Sterling up as Sunak announces new job support scheme

Sterling edged higher today after British finance minister Rishi Sunak announced a new job support scheme, but said the government won't save every job.

Business • 24 Sep 20

New UK coronavirus restrictions push sterling lower

Sterling extends losses after new Covid UK restrictions

Sterling is having its worst month in four years and extended its fall against the dollar and euro today after new long-lasting coronavirus restrictions in Britain were announced.

Business • 23 Sep 20

The pound recovered after Bank of England Governor Andrew Bailey said the latest policy statement did not imply the bank would necessarily use negative interest rates

Pound gyrates amid new restrictions, BoE comments

Sterling wavered between losses and gains today, at one point slipping to two-month lows against the dollar.

Business • 22 Sep 20

The ECB's benchmark deposit rate remains at -0.5% while the main rate remains at 0%

ECB's Lagarde says bank watching euro closely

The European Central Bank left policy unchanged today but with the economic recovery losing momentum and a strong euro dampening inflation expectations, ECB President Christine Lagarde is expected to set the stage for more stimulus later.

Business • 10 Sep 20

Sterling falls against both the dollar and the euro today

Pound hits 6-week low on Brexit fears

Sterling hit a six-week low below $1.29 before bouncing back above $1.30 as Britain unveiled draft legislation for post-Brexit life.

Business • 09 Sep 20

Sterling falls against both the dollar and the euro as Brexit talks are plunged into crisis

Pound falls on threat to Brexit divorce deal

Sterling fell this morning against the US dollar and the euro as Brexit talks plunged into crisis following Britain's threat to override its European Union divorce deal.

Business • 07 Sep 20

The European Central Bank is not expected to make any major policy moves at its meeting this week

Surging euro, vanishing inflation: 5 questions for ECB

This week's European Central Bank meeting should be anything but dull - the euro is surging, inflation is negative for the first time since 2016 and there is heightened uncertainty about the coronavirus as the number of new cases edges higher.

Business • 07 Sep 20

Sterling is being held down by Brexit-related uncertainty and warnings from the Bank of England

Sterling set for big weekly fall against the dollar

Sterling erased some losses against the euro today, but held near recent lows versus the dollar as uncertainty around Brexit weighed on the pound, which is expected to weaken further into the end of the year.

Business • 04 Sep 20

Sterling extended its losses today on a combination of dollar strength and weak domestic factors

Sterling extends falls due to Brexit and economy woes

The pound fell today, extending its losses on a combination of dollar strength and weak domestic factors - the long-term damage to Britain's economy from the coronavirus and a lack of progress in Brexit negotiations.

Business • 03 Sep 20

Sterling fell against the US dollar today but was steady against the euro

Sterling drifts lower against the dollar

Sterling fell against a rebounding US dollar today but was steady against the euro as traders looked to speeches from several Bank of England officials for direction.

Business • 02 Sep 20

US Federal Reserve Chairman Jerome Powell is due to deliver a key speech tomorrow at the Jackson Hole retreat

Dollar, euro trade cautiously ahead of key Fed speech

The dollar and the euro traded cautiously today as investors refrained from taking risky bets a day ahead of a key speech by US Federal Reserve Chairman Jerome Powell.

Business • 26 Aug 20

Sterling slips on euro after scant progress on talks

Sterling slipped against the euro today on lingering concerns over Brexit, after British and European Union negotiators said on Friday they had made no real progress in their latest talks on relations after December 31.

Business • 24 Aug 20

The ECB's biennial Convergence Report was published today

No prospective euro member meets accession criteria

None of the countries now looking to join the euro meet all the accession criteria and some may be diverging from the long-set rules of euro membership, the European Central Bank said in a report on prospective members.

Business • 10 Jun 20

Covid-19: Why the EU is haunted by the euro crisis

The coronavirus does not recognise borders. But as the EU struggles with the Covid-19 catastrophe, the ideological borders of the euro crisis are back: north-south, creditor-debtor.

Analysis and Comment • 28 Mar 20

Sterling climbs off more than three-decade lows against the greenback

Sterling climbs off 1985 lows as markets rebound

Sterling rebounded against the US dollar and euro amid a tentative rally in global markets today, climbing off more than three-decade lows against the greenback.

Business • 20 Mar 20

Sterling has been one of several currencies to tank as investors rush to put their money in US dollars

Pound jumps after Bank of England rate cut

The pound rallied to the day's highs today after the Bank of England cut interest rates to 0.1% and ramped up its bond-buying programme.

Business • 19 Mar 20

Dollar falls against the yen and euro in hectic trade today

Foreign exchange volatility surges as dollar falls

The dollar fell 3% against the Japanese yen and commodity-linked currencies tanked today, as a 30% crash in oil prices and tumbling stock markets panicked investors and sent currency prices swinging wildly.

Business • 09 Mar 20

Sterling drops to a four and a half month low against the euro today

Sterling under pressure as Brexit talks begin

Sterling came under renewed pressure today, dropping to a four and a half month low against the euro, as traders took a cautious view at the start of talks between Britain and the European Union on their future relationship after Brexit.

Business • 02 Mar 20