EUR/GBP — News Archive

    Archives

Great Britain Pound Jumps as Markets Welcome New Prime Minister

The Great Britain pound jumped today as the market sentiment continued to improve following the news about Britain getting a new Prime Minister. The currency demonstrated the biggest one-day gain since the huge drop after the Brexit vote.

Pound Bounces as Theresa May Remains Single Candidate for PM

The Great Britain pound bounced during the American trading session as one of the contenders for the Prime Minister seat has exited the race, leaving just one candidate for the office. This reduced political uncertainty in the country that is getting ready for leaving the European Union.

Euro Continues to Struggle Following Brexit Fallout

Euro is heading lower today, dropping as fallout from the recent Brexit vote continues. Euro is down against its major counterparts, even remaining lower against the UK pound. Another issue weighing on the 19-nation currency has to do with the health of the Italian financial system. With concerns about the system, the euro is struggling.

Sterling Drops as Traders Brace for Easing from Bank of England

The Great Britain pound fell against the US dollar and the euro during the current trading session as market participants were betting on monetary easing from the nation’s central bank at this week’s policy meeting.

Great Britain Pound Touches Fresh Multi-Year Lows

The Great Britain pound sank to new multi-year lows today as Britain’s decision to leave the European Union made investors shun the currency.

Great Britain Pound Fails to Recover After Brexit

The Great Britain pound was attempting to recover during the past trading week following the previous week’s Brexit shock. But it failed to do so due to the prospects for monetary stimulus from the nation’s central bank.

Great Britain Pound Tanks After Carney Speaks About Stimulus

The Great Britain pound tanked today, ending the two-day rally, after the chief of the nation’s central bank signaled that monetary easing may be required to help Britain weather the impact of leaving the European Union.

Pound Hits New Lows amid Post-Referendum Turmoil

While the Brexit vote had an impact on all currencies, the Great Britain pound (unsurprisingly) has borne the brunt of Britain’s decision to part with the European Union. The currency touched a new 31-year minimum versus the US dollar and also dropped to new lows versus many other currencies.

Pound Ends Week with Huge Losses After Brexit Becomes Real

The major event for the week, overshadowing all others, was the referendum in Great Britain. And it resulted in a shocking outcome — Britons voted for leaving the European Union. Unsurprisingly, the Great Britain pound crashed hard after the result of voting had become clear.

Pound Starts Week Poorly, Bounces Later

The theme of Great Britain’s referendum about leaving the European Union remained a hot topic during the week. While the week had started negative for the currency, the sterling rebounded by the weekend.

Navigation

Menu