E
E

EURGBP

Trade Ideas

Traders Sentiment

Technical Summary

Hourly

News

Sterling pares losses against dollar as BOE resumes bond purchases

* Graphic: World FX rates in 2020 Link * Graphic: Trade-weighted sterling since Brexit vote Link By Harry Robertson LONDON, Sept 28 (Reuters) - Sterling regained ground against the dollar in volatile trading on Wednesday after the Bank of England (BOE) said it would step in to calm the turbulence in the UK government bond market. The pound GBP=D3 fell as much as 1.74% after the BOE's announcement but clawed its way back into the green to stand 0.2% higher at $1.0737 in late London trading.
B
E
G
U

Sterling slips after IMF and Moody's rebuke Britain over tax plans

* Graphic: World FX rates in 2020 Link * Graphic: Trade-weighted sterling since Brexit vote Link By Harry Robertson LONDON, Sept 28 (Reuters) - Sterling resumed its fall on Wednesday after the International Monetary Fund (IMF) and ratings agency Moody's scolded Britain over its new spending plans. The pound GBP=D3 was down 0.56% to $1.068 with renewed dollar strength also weighing on the currency.
E
G

Wall Street rebounds, sterling steadies after tumble

* U.S. equity indexes regain ground, up 1-2% * Dollar extends 20-year highs reached Monday * Oil rallies 3% from Monday's nine-month lows By Lawrence Delevingne and Carolyn Cohn Sept 27 (Reuters) - U.S. stocks gained and sterling bounced from this week's record lows against the dollar on Tuesday as investors took stock after recent sharp market moves.
E
E
U
G
J
U
U
O
B
B

Sterling higher as BoE, Treasury seek to calm markets, outlook remains cautious

By Samuel Indyk LONDON, Sept 27 (Reuters) - The British pound was higher against the dollar on Tuesday, a day after hitting a record low, as the Bank of England and UK Treasury attempted to soothe market concerns after the government announced a raft of unfunded tax cuts. The battered pound hit an all-time low of $1.0327 on Monday, prompting calls for a big inter-meeting interest rate hike from the Bank of England, and although the bank and government acknowledged the turmoil in markets, they st
E
G

Dollar pauses for breath as fragile pound edges up

By Sinéad Carew and Alun John NEW YORK/LONDON Sept 27 (Reuters) - The dollar took a pause on Tuesday in what has been a relentless climb higher while sterling as well as the euro and Japanese yen recovered some ground from multi-year lows after unusually volatile trading in recent sessions. The dollar index, which measures the greenback against a group of major currencies, was last down 0.06% while Sterling GBP=D3 after earlier climbing more than 1% to $1.0837, was last up 0.69%.
A
E
E
E
E
E
E
E
G
U
U

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.