Business News
Business, finance and forex news
Get the latest insights into how economic and political developments are impacting the forex market.
-
Pound Sterling Exchange Rates Poised for Volatility on BoE Decision Business News
November 1 2017Unexpected UK Manufacturing Uptick Boosts Pound Sterling (GBP) Exchange Rates October’s UK manufacturing PMI surprised to the upside on Wednesday, … read more
-
Wage Squeeze Worsens, GBP/EUR, GBP/USD Exchange Rates Dip Business News
October 18 2017GBP/EUR Weakens as Inflation Accelerates and Wage Squeeze Deepens Although UK inflationary pressure accelerated to 3% in September this was not … read more
-
Pound Euro Exchange Rate Jitters Forecast as Brexit Talks Continue Business News
October 11 2017GBP/EUR Exchange Rates Softened by Widening UK Trade Deficit While speculation over Theresa May’s tenure as Prime Minister calmed somewhat over … read more
-
Theresa May Speech Weighs on Pound Euro Exchange Rate Business News
October 5 2017GBP/EUR – May Speech Weighs on Pound Confidence in the Pound weakened markedly in response to Theresa May’s fraught Conservative Party … read more
-
German Election Fallout Weighs on Euro Exchange Rates Business News
September 27 2017GBP/EUR – UK Credit Rating Downgrade Dented Pound Reaction to Theresa May’s Florence speech proved unenthusiastic, with the Pound slumping … read more
-
Can Euro Extend Gains on Higher Eurozone Inflation Rate? Business News
August 30 2017GBP/EUR – Low Hopes for Progress in Latest Brexit Talks Worries over Brexit continued to pressurise the Pound over the course of the week, with EU … read more
-
Eyes Turn to Jackson Hole for Fed and ECB Commentary Business News
August 23 2017GBP/EUR – GDP Data Unlikely to See Any Change Although July’s UK retail sales data bettered forecast the figures nevertheless pointed towards … read more
-
Pound Rallies After Surprise Uptick in UK Wages Business News
August 16 2017GBP/EUR – Hopes for Softer Form of Brexit Remain Volatile Confidence in the Pound was dented as the NIESR gross domestic product estimate for the … read more
-
GBP Volatility Forecast on Services PMI and Bank of England Meeting Business News
August 2 2017GBP/EUR – Solid Services PMI Could Extend Pound Gains July’s UK manufacturing PMI surprised to the upside, strengthening from 542 to 551 as the … read more
-
Slight Uptick in UK GDP Boosts British Pound Business News
July 26 2017GBP/EUR – Pound Recovers from 10-Month Low Sterling dropped to a 10-month low against the Euro last week as UK public sector net borrowing proved … read more