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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GBP Down on UK Inflation Data; ECB Decision Ahead Business News
July 19 2017GBP/EUR – Weak Inflation Dents BoE Rate Hike Odds Confidence in the Pound took a sharp blow as June’s UK consumer price index fell short of … read more
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Falling Bank of England Rate Hike Odds Limit Sterling Strength Business News
July 11 2017GBP/EUR – Odds of August BoE Rate Hike Plunge As recent UK data proved almost universally disappointing, investors were prompted to take a bleaker … read more
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Pound Under Pressure as UK Productivity Plunges Business News
July 5 2017GBP/EUR – Sterling Weakened as PMIs Disappointed June’s raft of UK PMIs all proved discouraging, pointing towards a loss of momentum within the … read more
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Intensifying BoE Debate Prompts GBP Exchange Rate Volatility Business News
June 28 2017GBP/EUR – Pound Volatile as BoE Proves Divided There have been increasing signs of a split within the Bank of England (BoE) after chief economist … read more
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Dovish Carney and Brexit Talks Keep Pound Biased to Downside Business News
June 21 2017GBP/EUR – BoE Governor Maintains Neutral Policy Outlook While the Pound was boosted by the unexpectedly split Bank of England (BoE) vote on … read more
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Pound Boosted by Surprise BoE Split on Interest Rates Business News
June 15 2017GBP/EUR – Hung Parliament Prompted Sharp Pound Downtrend Markets were largely caught off guard by the results of the UK snap general election, … read more
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Increased Volatility in Store for Pound as UK Heads to the Polls Business News
June 7 2017GBP/EUR – Narrowed Opinion Polls Dent Sterling Confidence Although the latest UK manufacturing and construction PMIs bettered forecasts, … read more
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Opinion Polls Encourage Pound Volatility Ahead of General Election Business News
June 1 2017GBP/EUR – Pound Weakness Likely Ahead of Election Opinion polls have provoked significant volatility for the Pound as the general election … read more
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USD on Edge as Markets Await FOMC Meeting Minutes Business News
May 24 2017GBP/EUR – Outlook Likely to Remain Gloomy on Last Data of the Week Tomorrow Yesterday’s public sector borrowing figures showed government … read more
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US Dollar Slides on White House Scandal Business News
May 17 2017GBP/EUR – BoE Forecasts Failed to Boost Pound Disappointment greeted the Bank of England’s (BoE) May policy decision, as investors had hoped to … read more