Pound Sterling (GBP)

GBP/EUR - Today's data summary

% change
-0.01%
Price Euros
1.1519
Change
0.0000
As of 20:02 23 Feb 2019

GBP/JPY - Today's data summary

% change
+0.02%
Price Yen
144.4850
Change
+0.0300
As of 20:03 23 Feb 2019

GBP/USD - Today's data summary

% change
0.00%
Price US dollars
1.3055
Change
0.0000
As of 20:02 23 Feb 2019

Latest updates

Pound update

chart
BBC

A look at sterling.

It is down 0.2% against the dollar but still above $1.30.

According to Reuters the pound is on track to break a three-week losing streak by ending the week higher.

Pound up

pound
Getty Images

The pound is up against the dollar and has edging towards the $1.31 level

The currency touched $1.3086 but is now up 0.20% at 1.3069.

Chancellor Philip Hammond said earlier that the government was trying to avoid a no-deal Brexit.

Pound dips

The pound dipped against the dollar after three Conservative MPs resigned from the party.

It is still above $1.30 but down around 0.4% on the day.

The three - Anna Soubry, Sarah Wollaston and Heidi Allen - wrote to Theresa May, saying: "We find it unconscionable that a party, once trusted on the economy, more than any other, is now recklessly marching the country to the cliff edge of no deal."

The Prime Minister said she was "saddened".

There's a story here.

FTSE up

pound coins and union jack flag
Getty Images

Sainsbury's might be falling but the FTSE 100 index is up, around 35 points at 7,212

Mining groups, such as Anglo American, BHP, Antofagasta, Rio Tinto and Glencore, are all higher.

Lloyds Banking Group, which published its results this morning, is also up around 1%.

But supermarkets are down: Morrisons is off 4% and Tesco 2%.

The pound is above $1.30 on the foreign exchange markets, after reaching a two week high.

Market update

pound coins
Getty Images

The FTSE 100 is down more than 40 points at 7,175.58.

HSBC, which reported its results for 2018 earlier, is the biggest faller, down 4.5%.

Standard Chartered, regarded as a rival to HSBC in emerging markets, is also lower.

The pound is up almost 0.2% against the dollar, at $1.2946.

Pound v dollar

pound v dollar
bbc

The pound is up against the dollar amid on-going uncertainty about the outcome of Brexit talks.

For the last three weeks, sterling has been lower against the dollar.

Theresa May has been trying to reopen the withdrawal agreement in the face of resistance to the deal in parliament.

Her spokesperson said today; "The PM has been seeking to reopen the withdrawal agreement and that remains our position".

'The pound will go where it will'

Today Programme

BBC Radio 4

Pound down

sterling chart
BBC

Here's the chart showing sterling's slide below $1.29 as the GDP data was released. It's back above that level but still down on the day.

The FTSE 100 is off the day's highs, it's now up 0.4% - 26 points or so - at 7,097.93.

Pound slides

The pound fell below $1.29 after the GDP data.

It is now holding its ground around that level.

The FTSE 100 is up nearly 1% at 7,140.89.