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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Weekly Update: US Dollar Slumps Following Fed Interest Rate Decision Business News
April 29 2021GBP/EUR – Pound Fluctuates Despite Retail Sector Optimism The Pound traded in a wide range this week despite optimism over signs of recovery in … read more
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Pound Fails to Extend Gains against Euro and US Dollar despite Rising UK Inflation Business News
April 21 2021GBP/EUR – Higher UK Inflation Offers Limited Support to Pound An uptick in March’s UK inflation rate to 07%, slightly below the 08% forecast, … read more
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US Dollar Stumbles on Dovish Powell Comments, Pound Firms as the UK Reopens Business News
April 15 2021GBP/EUR Exchange Rate: Pound Finds Temporary Gains as UK Economy Begins to Reopen After stumbling through the second half of last week’s … read more
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Pound Euro Exchange Rate Slumps even as UK Services PMI Confirms Rebound Business News
April 7 2021GBP/EUR – Solid UK Services PMI Unable to Boost Pound Higher Confirmation that the UK services PMI picked up sharply in March was not enough to … read more
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Weekly Currency Update: Pound Euro Exchange Rate Pushes Higher on Stronger Q4 UK GDP Business News
March 31 2021GBP/EUR – Pound Benefits from Stronger Fourth Quarter GDP An unexpected upward revision to the finalised fourth quarter UK GDP reading … read more
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Pound Euro Exchange Rate Extends Losses even as UK Services PMI Rebounds Business News
March 24 2021GBP/EUR – Pound Pressured by UK-EU Vaccine Row and Soaring Debt A better-than-expected uptick in the Gfk consumer confidence index was not … read more
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Pound Euro Exchange Rate Weakens on Brexit Pressures Ahead of BoE Decision Business News
March 17 2021GBP/EUR – Brexit Tensions Dent Pound Euro Exchange Rate Ahead of BoE Meeting Support for the Pound weakened against the Euro in response to … read more
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US Dollar Rallies on Surging Treasury Yields, Pound Buoyed by Optimism Following UK Budget Business News
March 10 2021GBP/EUR Exchange Rate: Pound Climbs to One-Year High The Pound to Euro (GBP/EUR) exchange rate struck a one-year high this week, with Sterling … read more
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Pound US Dollar Exchange Rate Pressured Ahead of UK Budget Business News
March 3 2021GBP/EUR – Budget Anticipation Puts Pressure on Pound Anticipation ahead the 2021 Budget announcement kept the Pound under a degree of pressure … read more
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Pound US Dollar Exchange Rate Hits Three-Year High on UK Economic Recovery Hopes Business News
February 24 2021GBP/EUR – Bets on Stronger UK Covid-19 Recovery Boosts Pound Optimism over the UK economy’s expected recovery from the current Covid-19 … read more