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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Weekly Pound Exchange Rates Roundup: Underwhelming UK PMIs Drag on Sterling as Growth Worries Rise Business News
June 5 2019GBP/EUR – Underwhelming PMIs Point towards Second Quarter Softness The UK economy showed fresh signs of weakness as May’s raft of PMIs … read more
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Exchange rates Weekly Roundup: Political Uncertainty Continues to Dominate Pound Outlook Business News
May 31 2019GBP/EUR – Consumer Confidence Improvement Fails to Boost Pound Appeal An uptick in the GfK consumer confidence index was not enough to shore up … read more
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Pound Slides as Markets Anticipate Theresa May’s Resignation Business News
May 22 2019GBP/EUR – Rising Odds of No-Deal Brexit Drag Down Pound As MPs pushed back against Theresa May’s latest attempt to secure backing for her … read more
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Currency Markets Weekly Roundup: Lack of Brexit Breakthrough Continues to Hamper Pound Business News
May 15 2019GBP/EUR – Brexit Jitters Continue to Limit Pound Strength As the government announced that Theresa May’s withdrawal agreement will face a fourth … read more
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Weekly Currency Market Bulletin: Brexit Sentiment Drives GBP while Risk Sentiment Drives USD Business News
May 8 2019GBP/EUR Exchange Rate: Hopes of Brexit Progress Lift the Pound The Pound was given a leg up last week, with the GBP/EUR exchange rate climbing back … read more
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Currency Market Weekly Roundup: Pound Shakes Off Manufacturing Weakness amid Brexit Optimism Business News
May 1 2019GBP/EUR – Pound Benefits from Hopes of Brexit Breakthrough While UK stockpiling activity remained near its record highs this failed to prevent … read more
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Pound Exchange Rates Weekly Roundup: GBP Holds Ground on Easing Public Sector Deficit Business News
April 24 2019GBP/EUR – UK Budget Deficit Hits 17-Year Low The Pound benefitted from news that the UK budget deficit had fallen to a 17-year low in March, even … read more
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Pound Exchange Rates Weekly Roundup: GBP Falters as UK Inflation Holds Steady Business News
April 17 2019GBP/EUR – Pound Falters as Inflation Holds Steady As March’s UK consumer price index data fell short of forecast, holding steady at 19% on the … read more
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Exchange Rates Weekly Update: Positive UK GDP Growth Limits Pound’s Brexit Weakness Business News
April 10 2019GBP/EUR – Pound Benefits as UK GDP Betters Forecast Demand for the Pound improved on the back of February’s unexpectedly positive UK gross … read more
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Exchange Rates Weekly Roundup: Pound Slips on Surprise Service Sector Contraction Business News
April 3 2019GBP/EUR – Surprise Service Sector Contraction Adds to Pound Weakness March’s UK services PMI caught markets off guard as the sector unexpectedly … read more