Foreign Exchange News

UK Trade Deficit Narrowed but Not Enough to Boost Pound Against the Euro

The UK Trade Deficit narrowed slightly in November to -£9.16 billion, from -£9.48 billion in October. As the foreign exchange markets had anticipated a larger improvement this did little to help the Pound against the Euro or elsewhere. Read more »

Foreign Exchange: Pounds Hits High Against the Euro

As investors worried over the Euro, the Pound was seen as a safer alternative and rose to a 3½ year against the Euro. Read more »

Foreign Exchange: Pound Falls Against Euro and US Dollar

Yesterday, the Pound fell against both the Euro and the US Dollar as global risk appetite weakened on the threat of contagion in the Euro-zone. Read more »