Business News
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Pound Drops as Wages Struggle to Keep Pace with Inflation, Euro Regains Lost Ground amid Hints of 0.5% ECB Rate Hike Business News
July 20 2022Pound drops despite rise to inflation US Dollar slips as Fed reigns in 1% rate hike bets Euro climbs amid reports of possible 05% … read more
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EUR/USD Exchange Rate Likely to Hit Parity, Pound Rocked by Boris Johnson’s Resignation Business News
July 13 2022Pound uncertain as UK leadership contest begins US Dollar hits 20-year high amid Fed rate hike bets Euro tumbles as energy … read more
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Pound Drops as Bailey Signals Dovish Shift, Euro Nosedives amid Signs of Eurozone Recession Business News
July 6 2022Bailey hints at gradual action from BoE Johnson pressured by cabinet resignations Powell reaffirms Fed rate hike plans … read more
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Pound Slips on Possibility of UK-EU Trade War, Euro Falls Despite Hawkish Assurances from ECB Business News EUR to USD GBP to EUR GBP to USD
June 29 2022UK passes NI Protocol legislation Pound slips as inflation climbs higher Recession fears push US Dollar lower Euro falls … read more
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GBP/USD Weekly Summary: UK Inflation Rises at Fastest Pace in 40 Years Business News GBP to USD
June 27 2022The Pound US Dollar (GBP/USD) exchange rate is climbing higher today amid increased bets on further rate hikes from the Bank of England (BoE) The … read more
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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