Sterling

England v USA - FIFA World Cup 2022 - Group B - Al Bayt Stadium

Police investigate burglary at home of Raheem Sterling

The news of the break-in led to Sterling being unavailable for Sunday night’s 3-0 victory over Senegal

Mon, 05 Dec, 2022

UK shares and sterling again in spotlight on darkening retail conditions

Shoppers reined in spending more sharply than expected in September

Fri, 21 Oct, 2022

British market sell-off gets reprieve on talk of Truss U-turn

Sterling buoyed by reports that officials are working on reversal of sweeping tax cuts

Thu, 13 Oct, 2022

Sterling rally looks vulnerable as strategists bet selling will resume in coming months

Analysts betting further losses for sterling, with some predicting a new record low by year-end after British policy missteps undermined confidence in the currency

Tue, 04 Oct, 2022

Bank of Ireland value falls €1bn since UK financial turmoil onset

Shares in other Irish firms with large British operations also hit

Thu, 29 Sep, 2022

Irish tourism and small exporters face into sterling storm

Irish experts fear that the fright taken by financial markets reflects fears that the British economy is heading toward a prolonged recession

Mon, 26 Sep, 2022

JP Morgan Bank: Euro could fall to 95 cents against dollar if gas crisis persists

The euro risks falling to 95 US cents by the end of December and sterling could fall to $1. 14, its lowest in more than two years, if a gas supply crisis this winter continues to weigh on economies, according to JP Morgan Private Bank.

Tue, 23 Aug, 2022

Chelsea v Tottenham Hotspur - Premier League - Stamford Bridge

I was fuming, raging, but it’s gone – Raheem Sterling unhappy with Man City exit

Chelsea forward Raheem Sterling says he was left “fuming” and “raging” at how his Manchester City career ended.

Sat, 20 Aug, 2022

Wolverhampton Wanderers v Manchester City - Premier League - Molineux Stadium

What can Chelsea fans expect from new signing Raheem Sterling?

In just 33 England appearances spanning the last four club seasons, Sterling has scored 17 goals – behind only captain Harry Kane in that time.

Wed, 13 Jul, 2022

'Silver lining' for Irish tourism despite euro sliding to $1 parity against dollar

The tourism outlook is much more uncertain as the global cost-of-living crisis unfolds, according to the Irish Tourism Industry Confederation.

Wed, 13 Jul, 2022

Sterling and British shares brace for further political turmoil for Johnson

British financial markets were braced for more political uncertainty, with investors keen to see if the new chancellor of the exchequer loosens the purse strings and wondering whether Prime Minister Boris Johnson will survive an exodus of support.

Wed, 06 Jul, 2022

Sterling gains but focus remains on Britain's slowing economy

Bank of England, which has raised interest rates five times since December, is attempting to tackle soaring inflation while avoiding a recession

Mon, 04 Jul, 2022

Boris Johnson Makes Visit to His Constituency In South Ruislip

Oliver Mangan: Sterling slides as economic outlook in Britain deteriorates

The Bank of England believes the UK's unemployment rate will climb from 3.6% to 5.5% over the next three years

Mon, 09 May, 2022

Oliver Mangan: Sterling rebound running out of road, with ceiling likely to be 83p against the euro

Sterling has not been a popular currency in recent years as a result of concerns over Brexit, but it did stage a good recovery in 2021 as these worries subsided

Mon, 17 Jan, 2022

Sterling likely to rise, not fall, should Johnson resign

"Currencies tend to like strong leaders," said Jane Foley, the head of foreign-exchange strategy at Rabobank in London.

Thu, 13 Jan, 2022

Oliver Mangan: ECB holding its line on interest rate hikes set to keep euro low

Expectations in regard to interest rates are having a perceptible impact on currency markets.

Mon, 22 Nov, 2021

Weaker euro could boost small Irish exporters

A continued weakening of the euro could provide a boost to small Irish export companies, but volatility in the currency markets may still have the potential to produce trading headwinds, a leading trade expert has said.

Fri, 19 Nov, 2021

Sterling at 84p boosts small Irish firms selling into Brexit Britain

Sterling's rise in recent weeks against the euro has increasingly made selling into Britain more competitive despite the uncertainties caused by the hard Brexit deal the UK signed up to last Christmas

Wed, 27 Oct, 2021

Manchester City v Wycombe Wanderers - Carabao Cup - Third Round - Etihad Stadium

Pep Guardiola surprised by Raheem Sterling’s comments on Manchester City future

Sterling, whose contract at the Etihad Stadium expires at the end of next season, said this week he would be “open” to a move elsewhere if it meant more minutes on the field

Fri, 15 Oct, 2021

A machine counts and sorts out euro notes at the Belgian Central Bank in Brussels

John Fahey: Negative interest rates will likely weigh on the euro for some time

The relatively compact currency trading ranges come against a backdrop of all the main economies experiencing a rebound in growth amid an easing of Covid-19 restrictions

Mon, 30 Aug, 2021

Sterling gains against euro on UK Covid-19 recovery hopes

Sterling has performed well in recent weeks as a fall in Covid cases has allowed the British government to lift most social-distancing rules

Tue, 10 Aug, 2021

Pep Guardiola: I still have trust in Raheem Sterling

Pep Guardiola insists he has no concerns about Raheem Sterling’s form. England international Sterling has started just two of Manchester City’s last eight games in all competitions.

Fri, 16 Apr, 2021

Sterling continues its ascent against dollar and gains on euro as Covid-19 vaccine rolls out

Sterling surged through $1. 40 for the first time in nearly three years as investors bet the UK’s rapid vaccine rollout will help pave the way for a reopening of the economy this year.

Fri, 19 Feb, 2021

Colorful waving european union flag on a euro money background

Oliver Mangan: Currency markets not immune to vaccines

The rapid roll-out of Covid vaccines in the UK has seen sterling rebound while the slow roll-out in the eurozone is proving a headwind for the single currency, given it is seen as holding back economic recovery

Mon, 08 Feb, 2021

Head of Bank of England: British economy 'in very difficult period'

Bank of England governor Andrew Bailey said that Britain’s economy was facing its “darkest hour”, and played down suggestions that cutting interest rates below zero would be a straightforward way to boost growth.

Tue, 12 Jan, 2021

Oliver Mangan: Weak sterling signals cold winds blow for prospects of the Brexit ‘sunlit uplands’

Overall, the UK’s departure from the EU and its customs union and single market is viewed by many as lowering the potential growth rate of the country's economy over the medium term, via negative impacts on investment and trade.

Mon, 11 Jan, 2021

Sterling rallies on Brexit deal but is still close to its year low

As the dust settles over the Brexit trade deal, sterling is still trading close to its lowest levels of 2020, suggesting that the economic costs facing Britain from the Covid-19 crisis are weighing on currency investors.

Tue, 29 Dec, 2020

For Irish businesses, all eyes on sterling through Sunday on Brexit talks

On the eve of the Brexit referendum in June 2016, sterling was trading at around 74 pence against the euro.

Fri, 11 Dec, 2020

Sterling may have peaked even if Brexit deal is done

The pound’s best days may be behind it, even if the UK and EU sign a trade deal. Sterling was trading at 90p against the euro and rose as much as 1% to $1. 35 against the dollar, touching its strongest level since December 2019.

Thu, 03 Dec, 2020

Sterling at 90 pence against euro could remain steady if Brexit deal is done

Sterling continues to trade in a narrow 90p to 91p range against the euro which suggests investors expect a deal to be agreed

Mon, 09 Nov, 2020

Manchester City v Arsenal - Premier League - Etihad Stadium

Raheem Sterling to launch foundation for deprived children

Manchester City’s Raheem Sterling is planning to launch a foundation aimed at helping disadvantaged young people.

Sun, 25 Oct, 2020

Sterling traders bet Brexit trade deal will be done, despite the brinkmanship

Sterling traders who have grown used to Brexit brinkmanship between London and Brussels are making two assumptions: There’ll probably be a trade deal, and US elections matter more right now.

Fri, 09 Oct, 2020

Expect significant move by sterling on the countdown to Brexit

UK and EU politicians continue to signal a strong desire to get a deal done

Tue, 06 Oct, 2020

Sterling back on roller-coaster against euro on Brexit reports

Sterling is the most erratic among the Group-of-10 nations after Norway’s krone.

Thu, 01 Oct, 2020

Sterling surges on bets UK can't afford no-deal Brexit amid Covid-19 crisis

The UK currency outperformed major currencies to rise as much as 1.4% to $1.2930, as the markets digested a more conciliatory tone from officials on both sides.

Mon, 28 Sep, 2020

Oliver Mangan: Euro-sterling parity looms if Brexit talks fail

Ireland is stepping up preparations for a hard Brexit, where the UK would move to trading under World Trade Organisation rules from the start of next year

Mon, 21 Sep, 2020

Oliver Mangan: Sterling cannot rely on Brexit deal for boost

Little progress is being made in the EU-UK trade talks even as the clock ticks down towards the end of the Brexit transition period in December.

Mon, 31 Aug, 2020

Supply backlog expected to affect beef market for first quarter

Last week’s resounding election victory for Prime Minister Boris Johnson’s Conservative Party brought good news for the Irish beef industry.

Mon, 16 Dec, 2019

Pound touches six-month high on Brexit optimism

The pound rallied to a six-month high against the euro as the Conservatives threw their weight behind the Prime Minister Boris Johnson’s Brexit plan, raising hopes for a smooth departure from the European Union.

Tue, 19 Nov, 2019

Traders mull extent of huge sterling rally, if Brexit deal were agreed

Irish shares followed the volatile fortunes of sterling as markets focused on whether Boris Johnson will secure political support for any Brexit deal.

Wed, 16 Oct, 2019

Sterling rout also means slide in Irish bank shares

In the coming days, markets may probe and call the bluff on Boris Johnson's threat to crash Britain out of the EU, setting up a full-blown currency crisis well before the Brexit deadline he has set to get out with or without a transition deal by Halloween.

Sun, 11 Aug, 2019

‘Nothing to like about the pound’ as Bank of England cuts UK growth outlook on Brexit