Business News
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Pound Weakens as UK Services PMI Contracts to Seven-Month Low Business News
February 3 2021GBP/EUR – Pound Muted in Spite of Services PMI Revision An upward revision to January’s finalised UK services and manufacturing PMIs was not … read more
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Weekly Update: Pound US Dollar Exchange Rate Falls from 32-Month High as Markets Await Fed Decision Business News
January 27 2021GBP/EUR – Smaller Uptick in UK Unemployment Supports Pound As November’s UK unemployment rate saw a more limited uptick than markets had … read more
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Weekly Update: Pound Hits Eight-Month High vs Euro as UK Inflation Betters Forecast Business News
January 20 2021GBP/EUR – Higher UK Inflation Offers Pound Encouragement Demand for the Pound picked up sharply after the headline UK inflation rate picked up … read more
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Weekly Update: Pound Surges as BoE Dismisses Negative Rates, US Dollar Reverses Losses Business News
January 13 2021GBP/EUR Exchange Rate: Pound Firms Despite Threat of Tougher Restrictions After drifting higher at the end of last week, the Pound to Euro exchange … read more
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Pound Rocked by New Covid-19 Strain, US Dollar Firms in Risk-Off Trade Business News
December 23 2020GBP/EUR Exchange Rate: Pound Touches Three-Month Low on Coronavirus Fears After trading robustly through the second half of last week, the Pound to … read more
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Pound Euro Exchange Rate Lifted from Three-Month Low on Brexit Deal Hopes Business News
December 16 2020GBP/EUR – Pound Buoyed by Optimism over Possible UK-EU Trade Deal Signs of progress in ongoing UK-EU trade talks helped to give the Pound a strong … read more
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Pound Gains Vs Euro and US Dollar on Hopes of Brexit Breakthrough Business News
December 9 2020GBP/EUR – Hopes of Brexit Breakthrough Boost Pound Speculation that the UK and EU could reach a deal imminently at crunch Brexit talks helped to … read more
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Today’s Currency News: Pound to US Dollar Soars to Two-Year High Business News
December 4 2020Pound (GBP) Rallies on Brexit Hopes The Pound (GBP) struck higher on Thursday, rallying in response to apparent optimism that a last-minute Brexit … read more
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Pound Slumps on Growing No-Deal Brexit Fears Business News
December 2 2020GBP/EUR – Pound Falls on No-Deal Brexit Threat Comments from chief EU negotiator Michel Barnier pushed the Pound into a fresh slump as he … read more
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Weekly Update: Pound Fluctuates on Brexit and Vaccine Headlines Business News
November 25 2020GBP/EUR – Pound Shakes Off Gloomy UK Services PMI Although November’s UK services PMI plunged from 514 to 458, indicating contraction in … read more