Business News
Business, finance and forex news
Get the latest insights into how economic and political developments are impacting the forex market.
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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
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GBP/USD Weekly Summary: Exchange Rate Rebounds from Two-Year Low Business News GBP to USD
June 20 2022The Pound US Dollar (GBP/USD) exchange rate traded in a wide range last week following the latest interest rate decisions from the Federal Reserve … read more
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US Dollar Soars as Markets Bet on Aggressive Fed Rate Hike, Pound Slumps on Brexit and Economic Jitters Business News
June 15 2022Pound slides lower as NI Protocol tensions intensify US Dollar boosted by aggressive Fed rate hike bets Euro sees sell-off after ECB … read more
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Pound Regains Losses as Johnson Wins Confidence Vote, US Dollar Boosted ahead of Fed Interest Rate Decision Business News
June 8 2022Pound firms as Boris Johnson wins vote of no confidence US Dollar gains on strong payroll figures Euro bolstered by ECB rate hike … read more
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Pound Volatile amid Potential Challenge to PM Johnson’s Leadership, Euro Boosted by ECB Rate Hike Bets Business News
June 1 2022PM Boris Johnson faces prospect of leadership contest Drop to PCE price index limits Fed rate hike bets Hawkish ECB officials help … read more
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Pound Drops as UK Inflation Reaches 40-Year High, Euro Bolstered as Lagarde Signals Imminent ECB Rate Hikes Business News
May 25 2022UK inflation hits 40-year highFederal Reserve indicates commitment to aggressive rate hikesECB shocks markets as Lagarde signals July and September … read more
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Pound Falls as UK Recession Fears Intensify, Euro Bolstered as Lagarde Hints at Summer 2022 Rate Hikes From ECB Business News
May 18 2022UK’s poor long-term outlook hampers PoundThreat of UK-EU trade war loomsECB unexpectedly signals imminent rate hikeFed continues to hint at 05% … read more
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Pound Tumbles on BoE’s Alarming Economic Forecasts, US Dollar Gains as Fed Raises Rates by 0.5% Business News
May 11 2022Economic pressure on Russia increasesBoE gives gloomy future outlook for UKFed commits to taming inflation after raising ratesSlowing UK GDP to … read more
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Pound Muted amid Economic Concerns, US Dollar Holds Near Highs ahead of Fed Business News
May 5 2022GBP/EUR Exchange Rate: Pound Undermined by Economic Concerns The Pound Euro exchange rate rose off a one-month low last week as Sterling … read more
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Pound Drops as Investors Pare Back BoE Rate Hike Bets, US Dollar Soars as Powell States 0.5% Hike is ‘On the Table’ Business News
April 27 2022Russia ramps up nuclear rhetoricPound drops as parliament set to investigate JohnsonUS Dollar soars as Powell signals 05% rate hikeEuro struggles as … read more