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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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
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Weekly Update: Rise in UK Inflation Supports Pound amid Vaccine Optimism Business News
November 18 2020GBP/EUR – UK Inflation Uptick Boosts Pound Support for the Pound picked up in the wake of October’s UK consumer price index report, with … read more
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Weekly Update: Pound Gains against Euro ahead of UK GDP Business News
November 11 2020GBP/EUR – Lack of Brexit Progress Limits Pound Appeal Speculation over Brexit discussions between the UK and EU continued driving Pound volatility … read more
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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