The Pound Sterling Live - The Heart-Beat of the British Pound
British Pound Sterling Live on Thursday: GBP in robust form today; Carney evidence is catalyst for sell-off cessation
- Category: The Pound Sterling Live - The Heart-Beat of The British Pound
- Published on Friday, 08 February 2013 10:23
- Written by Sam Coventry
14:50: GBP picks up steam through today's session
The pound sterling renaissance of 2013 continues:
GBP/EUR is 0.45 pct higher at 1.1781.
GBP/USD is 0.44 pct higher at 1.5787.
GBP/CAD is 0.86 pct higher at 1.5823.
GBP/AUD is unchanged at 1.5286.
Please note these are spot market rates; your bank will affix a discretionary spread to the above numbers when delivering you a retail rate. An independent FX provider will however guarantee to undercut your bank's offer, thus delivering more currency.
10:00: Steady going
The pound sterling (Currency:GBP) appear to have really taken heart from Mark Carney's interview with the Treasury Select Committee yesterday - it appears that currency markets have taken this to be the catalyst needed to cease the great sterling sale of 2013.
A look at this morning's spot rates shows a robust pound:
The pound / euro exchange rate is 0.05 pct higher than seen on Thursday night's closing level; GBP/EUR is at 1.1738.
The pound / US dollar exchange rate is 0.2 pct higher at 1.5745.
The pound / Australian dollar rate is 0.3 pct down at 1.5244. (GBP/AUD has had a few good sessions, so an AUD comeback is overdue).
Archives for British Pound Sterling Live
- British Pound Sterling Live: Mystic forecasting techniques at UniCredit bank foretell gains by GBP this coming week
- The British pound sterling live on Thursday: GBP rallies against the US dollar as US data releases miss the mark
- The British Pound Sterling Live on Wednesday: GBP delivers solid performance in wake of Bank of England Inflation Report and employment data
- British Pound Sterling Live on Tuesday 14 May: GBP trade 'order driven and technical in nature' - 4PM flash-sale alters direction for sterling
- British Pound Sterling Live on Monday: GBP and EUR both tipped to eventually succumb to US dollar eventually