Search
  • The Heritage Pay Team

Sterling Soars on Junker Comments


“We can have a deal!” and with those 5 little words on Wednesday evening, Sterling soared to a sustained fresh 7 week high. It has finally ended the week on a 4-month high across the board.

The currency was up 0.4 per cent against the dollar on Thursday and rising again by the same percentage on Friday morning to reach $1.2581 — its highest level since May. Against the Euro, the Pound touched €1.1330. It is now up 4.4 per cent against the dollar since trading below $1.20 early this month.

These levels are also widely reflected against most major currencies. And there is a good chance they could be exceeded going into next week if the government loses the case, currently being heard in the Supreme Court, on the legality of the prorogation of Parliament.

To discuss how the above may affect you, please contact your Currency Dealer at Heritage Pay on +44 (0) 203 858 7274.

See you next week!


1 view
  • Facebook Social Icon
  • LinkedIn Social Icon

+44(0)207 117 2934

160 City Rd, London, EC1V 2NX, United Kingdom

Heritage Pay Limited is registered in England and Wales - Company No. 11129859

©Heritage Pay Limited, 2018, All rights reserved.

Payment services for Heritage Pay Limited are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199).