Business News
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Pound Volatile on Mixed UK Data, US Dollar Rocked by Weaker-than-Expected Inflation Release Business News
August 17 2022Pound gains amid fresh BoE rate hike bets Euro slumps as recession fears increase US Dollar dips as inflation slows … read more
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Pound Nosedives on Recession Forecasts, US Dollar Soars After Robust Jobs Data Business News EUR to USD GBP to EUR GBP to USD
August 10 2022Pound tumbles despite 05% BoE rate hike UK energy bills forecast to rise above £4200 US Dollar climbs as economy adds 528000 … read more
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Pound Boosted as Markets Price in 0.5% BoE Rate Hike, US Dollar Falls as Fed Adopts Cautious Tone Business News EUR to USD GBP to EUR GBP to USD
August 3 2022GBP/EUR Exchange Rate: ‘Summer of Discontent’ Set to Worsen as Fresh Strikes Announced The Pound Euro (GBP/EUR) exchange rate climbed higher … read more
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Pound Climbs amid Bets on Hawkish BoE Rate Hikes, Euro Volatile after ECB Hikes Interest Rates by 0.5% Business News
July 27 2022Pound supported by bets on BoE rate hikes US Dollar climbs amid global recession fears Euro volatile after shock ECB rate … read more
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Pound Drops as Wages Struggle to Keep Pace with Inflation, Euro Regains Lost Ground amid Hints of 0.5% ECB Rate Hike Business News
July 20 2022Pound drops despite rise to inflation US Dollar slips as Fed reigns in 1% rate hike bets Euro climbs amid reports of possible 05% … read more
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EUR/USD Exchange Rate Likely to Hit Parity, Pound Rocked by Boris Johnson’s Resignation Business News
July 13 2022Pound uncertain as UK leadership contest begins US Dollar hits 20-year high amid Fed rate hike bets Euro tumbles as energy … read more
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Pound Drops as Bailey Signals Dovish Shift, Euro Nosedives amid Signs of Eurozone Recession Business News
July 6 2022Bailey hints at gradual action from BoE Johnson pressured by cabinet resignations Powell reaffirms Fed rate hike plans … read more
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Pound Slips on Possibility of UK-EU Trade War, Euro Falls Despite Hawkish Assurances from ECB Business News EUR to USD GBP to EUR GBP to USD
June 29 2022UK passes NI Protocol legislation Pound slips as inflation climbs higher Recession fears push US Dollar lower Euro falls … read more
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GBP/USD Weekly Summary: UK Inflation Rises at Fastest Pace in 40 Years Business News GBP to USD
June 27 2022The Pound US Dollar (GBP/USD) exchange rate is climbing higher today amid increased bets on further rate hikes from the Bank of England (BoE) The … read more
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Pound Spikes as BoE Hikes Rates by 25bps, US Dollar Stumbles Following Fed Rate Decision Business News
June 22 2022BoE commits to future aggressive rate hikes Dovish Fed guidance underwhelms investors Euro buoyed by ECB speculation … read more