Business News
-
Pound to Suffer Worst Day of Trade in Over a Year as GBP Exchange Rates Hammered by Brexit Chaos Business News
November 15 2018GBP Exchange Rates Slump as No-Confidence Vote Looks Likely UPDATE: The Pound (GBP) is currently on track for its largest one-day fall in over a … read more
-
Currencies Roundup: Pound Euro (GBP/EUR) Exchange Rate Weakens as UK House Price Growth Hits Five-Year Low Business News
November 7 2018GBP/EUR – UK House Price Growth Slows to Five-Year Low The latest Halifax house price index failed to offer the Pound any support, with price … read more
-
Pound Euro (GBP/EUR) Exchange Rate Strengthens After Weaker Eurozone Growth Data Business News
October 31 2018GBP/EUR – Pound Stages Modest Recovery in Spite of Weakening Consumer Confidence The latest decline in the GfK consumer confidence index failed to … read more
-
Currencies Bulletin: Pound US Dollar (GBP/USD) Exchange Rate Slides as Irish Border Continues to Stall Brexit Progress Business News
October 24 2018GBP/EUR – Lack of Progress on Irish Border Issue Raises Risk of No-Deal Brexit Brexit jitters remain a major drag on the Pound as the two sides … read more
-
Pound US Dollar (GBP/USD) Exchange Rate Drops Sharply on Lower Inflation Business News
October 17 2018GBP/EUR – Stronger UK Wage Growth Benefits Pound Confidence in the Pound picked up on Tuesday after August’s average weekly earnings figures … read more
-
Currencies Bulletin: Pound Euro Exchange Rate (GBP/EUR) Extends Gains as UK GDP Data Mixed Business News
October 10 2018GBP/EUR Exchange Rate: Pound Shakes Off Mixed GDP Data Investors were disappointed to find that the monthly UK gross domestic product had stagnated … read more
-
Pound Euro (GBP/EUR) Exchange Rate Proves Volatile in Response to UK and Italian Politics Business News
October 3 2018GBP/EUR Exchange Rate: Mixed UK PMIs Point towards Limited Third Quarter Growth Confidence in the underlying health of the UK economy was not … read more
-
Pound Dollar (GBP/USD) Exchange Rate Sinks 1.60% as Theresa May says ‘No Deal is Better than a Bad Deal’ in Brexit Impasse Business News
September 21 2018UPDATE: GBP/USD is now down 16% on the day as markets digest Theresa May's message the Prime Minister has appeared insistent that she will pursue a … read more
-
Currency Market Roundup: Pound US Dollar (GBP/USD) Exchange Rate Gains Ease in Spite of UK Inflation Acceleration Business News
September 19 2018GBP/EUR – Surprise Inflation Uptick Puts Pressure on UK Wages Investors were caught by surprise to find that the UK inflation rate had defied … read more
-
Bank of England’s Brexit Concern Keeps a Cap on Pound (GBP) Strength Business News
September 13 2018Investors See Little Reason to Buy Pound (GBP) as Bank of England (BoE) Remains Cautious UPDATE: As was widely expected, the Bank of England (BoE) … read more