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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Abrupt Dismissal of FBI Director Weighs on US Dollar Business News
May 10 2017GBP/EUR – Pound May Struggle on Slowing UK GDP Confidence in the underlying economic health of the UK was boosted as a better-than-expected … read more
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Pound May Extend Gains on Stronger UK Services PMI Business News
May 3 2017GBP/EUR – Strong Services PMI May Boost Confidence In a positive sign for the UK economy, both April’s manufacturing and construction PMIs … read more
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Sterling Softens Ahead of First Quarter UK GDP Data Business News
April 26 2017GBP/EUR – Sterling Softened by Sharp Retail Sales Contraction March’s retail sales figures eroded confidence in the health of the UK economy, … read more
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Pound Riding High as May Calls Snap UK Election Business News
April 19 2017GBP/EUR – Markets Optimistic after General Election Called Sterling surged across the board in the wake of Theresa May’s unexpected call for a … read more
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Pound Downside Risk Limited After Solid Services PMI Business News
April 5 2017GBP/EUR – Resilient Service Sector Shored up Pound Confidence Both the UK manufacturing and construction PMIs for March proved disappointing, … read more
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Will Brexit Uncertainty Encourage Further Pound Weakness? Business News
March 30 2017GBP/EUR – Brexit Developments Dominate GBP Outlook It was a volatile few days for the Pound, with Article 50 finally triggered and the official … read more
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Can the Pound Hold Gains Vs Euro and US Dollar? Business News
March 22 2017GBP/EUR – Sterling Volatile on BoE Speculation Demand for the Pound surged in the wake of the Bank of England’s (BoE) interest rate decision, … read more
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US Dollar Volatility Expected on Fed Comments Business News
March 15 2017GBP/EUR – Wage Growth Faltered ahead of Inflation Data Growth in UK average weekly earnings were found to have slowed further than forecast in the … read more
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Article 50 Bill & Spring Budget Pressure Pound Business News
March 8 2017GBP/EUR – UK Economy Displayed Fresh Signs of Weakness Sterling remained under pressure in the wake of an unexpectedly weak UK Services PMI, which … read more
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Mixed GBP after PMI Falls from 2.5-Year High Business News
March 1 2017GBP/EUR – Has Manufacturing PMI Set Template for Later Data Releases The Pound Euro exchange rate is advancing, although gains remain muted and … read more