Business News
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US Dollar Strengthens as US Election Uncertainty Dominates Business News
November 4 2020GBP/EUR – Pound Weakens as UK Heads into Second Lockdown As the UK prepared to enter a second national lockdown, the mood towards the Pound … read more
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Pound Pressured by Fears of Economic Slowdown, US Dollar Soars on Safe-Haven Demand Business News
October 28 2020GBP/EUR – Fears of Fresh Covid-19 Restrictions Weigh on Pound Demand A sharp rise in UK Covid-19 cases put the Pound under renewed pressure today, … read more
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Pound to Euro Lifted as Brexit Trade Talks Continue past Deadline, USD Volatile amid US Political Uncertainty Business News
October 14 2020GBP/EUR Exchange Rate – Brexit Uncertainty Drives Volatility as Talks Continue past Deadline The Pound to Euro exchange rate fluctuated through … read more
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Brexit Progress Underpins Pound as US Uncertainty Shifts Safe-Haven USD Demand Business News
October 7 2020GBP/EUR – Improved UK Services PMI Fails to Outweigh Jobs Worries A positive revision to September’s finalised UK services PMI failed to shore … read more
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Weekly Update: Pound Hits Two-Week Best as Odds of Negative BoE Rates Fall, US Presidential Election Drives USD Volatility Business News
September 30 2020GBP/EUR Exchange Rate – Pound Recovers Ground as BoE Talks Down Negative Interest Rates The Pound received a boost this week as Bank of England … read more
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Weekly GBP/USD/EUR Update: Pound Slumps as Covid-19 Second Wave Threatens Economic Momentum, US Dollar Rallies on Safe-Haven Demand Business News
September 23 2020GBP/EUR Exchange Rate – Pound Support Limited Thanks to Underwhelming UK Services PMI Support for the Pound remained muted today as September’s … read more
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Weekly Exchange Rate Outlook: Brexit Fears Batter the Pound, ECB Unfazed by Strength of EUR Exchange Rates Business News
September 16 2020GBP/EUR Exchange Rate: Pound Strikes Six-Month Low against Euro amid Brexit Woes The Pound to Euro (GBP/EUR) exchange rate fell off a cliff over the … read more
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Soft Fed Outlook Drives Pound to US Dollar Exchange Rate to 2020 High, GBP/EUR Hits 11-Week Best Business News
September 2 2020GBP/EUR Exchange Rate: Strengthening PMIs Offer Boost to Pound Euro Exchange rate Confirmation that the UK manufacturing PMI saw another solid month … read more
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Brexit Uncertainty Drives the Pound, US Dollar to Euro Rallies from Two-Year Low: Weekly Exchange Rate Outlook Business News
August 26 2020The Pound to US Dollar and Euro exchange rates fluctuated amid Brexit uncertainty over the last week Meanwhile, the US Dollar bounced back from a … read more
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Brexit Optimism Turbocharges the Pound, US Stimulus Impasse Crushes the US Dollar Business News
August 19 2020GBP/EUR Exchange Rate: Sterling Rallies on Brexit Deal Hopes After suffering a sharp sell-off on the back of the UK’s GDP figures last week, the … read more