Business News
Weekly Update: Pound Extends Gains on UK GDP Rebound Business News
May 12 2021GBP/EUR – Pound Extends Rally on Rising Monthly GDPAs March’s monthly UK GDP reading bettered forecasts, clocking in at 21% rather than the … read more
Pound Euro Exchange Rate Slides Despite Improved BoE Forecasts Business News
May 6 2021GBP/EUR – Bank of England Meeting Fails to Encourage Pound RallyIt came as little surprise to investors as the Bank of England (BoE) opted to … read more
Weekly Update: US Dollar Slumps Following Fed Interest Rate Decision Business News
April 29 2021GBP/EUR – Pound Fluctuates Despite Retail Sector OptimismThe Pound traded in a wide range this week despite optimism over signs of recovery in … read more
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 PoundAn uptick in March’s UK inflation rate to 07%, slightly below the 08% forecast, … read more
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
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 HigherConfirmation that the UK services PMI picked up sharply in March was not enough to … read more
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 GDPAn unexpected upward revision to the finalised fourth quarter UK GDP reading … read more
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 DebtA better-than-expected uptick in the Gfk consumer confidence index was not … read more
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 MeetingSupport for the Pound weakened against the Euro in response to … read more
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 HighThe Pound to Euro (GBP/EUR) exchange rate struck a one-year high this week, with Sterling … read more