How World Events Impact The British Pound (GBP)
Throughout the U.K.'s history and its interaction within global events, the British pound has served as a conduit for international trade and as a safe haven for investors.
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Throughout the U.K.'s history and its interaction within global events, the British pound has served as a conduit for international trade and as a safe haven for investors.
The FTSE All-Share Index tracks the prices of companies listed on the London Stock Exchange's (LSE) main market.
The FTSE AIM All-Share Index is the broadest index tracking the London Stock Exchange's (LSE) Alternative Investment Market (AIM).
The Paris Stock Exchange, historically known as the Paris Bourse or the Bourse de Paris, is the largest exchange in France.
The Euronext exchange is a pan-European securities exchange with a market capitalization of €2.2 trillion and over €6 billion of securities traded daily.
The U.K. is ranked as the fifth-most-liberal nation out of 43 European countries, benefiting from attributes including a highly advanced financial industry and largely unfettered trade.
Investors can turn to many different sources of information when setting up trades, and some forex traders like to harness top economic indicators to determine what they will do. Germany, Europe's largest economy, is viewed by many as a key player in both the eurozone and the euro, so some traders like to investigate business conditions in this country when developing their strategies. Some more generalised background information on the…
British Pound Basics The pound sterling, also known as the British pound, is the official currency of both the U.K. and its territories. It's also the world's oldest continuously used currency. Traded under the currency code GBP and carrying the symbol £, the pound also goes by the name quid and is divided into 100 pence. The pound sterling derives its name from ancient history, as in roughly 775 A.D.…
While the common currency may come with numerous benefits, it has encountered some strong volatility in the aftermath of the 2008 financial crisis.
Over the last several years, the Greek Financial Crisis has repeatedly generated headlines. While the troubled European nation has received multiple rounds of bailout funding to avoid defaulting on its obligations, the country's leaders have accepted harsh austerity measures in exchange for this support.
The FTSE 100 Index (also known as "footsie") is a market-capitalization weighted index of the top-performing companies that list on the London Stock Exchange.
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