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 Exchange Rates Fall as GDP Data Disappoints Business News
February 22 2017GBP/EUR – Weakness in GDP Figures Sees Pound Stuck at Opening Levels The Pound Euro exchange rate hit its highest level in 2017 at the beginning … read more
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Threat of UK Wage Squeeze Dented GBP Exchange Rates Business News
February 15 2017GBP/EUR – Rising UK Inflation Failed to Encourage Investors Sterling suffered a disappointment when January’s consumer price index failed to … read more
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Pound Volatility Expected on UK Inflation and Wage Data Business News
February 8 2017GBP/EUR – Higher Inflation Could Raise Prospect of BoE Tightening The first Bank of England (BoE) policy meeting of 2017 did not offer much … read more
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GBP USD Volatility Forecast on BoE and Fed Policy Decisions Business News
February 1 2017GBP/EUR – Sterling Jittery with Progress Towards Article 50 Trigger As the government’s Article 50 bill entered Parliament, sentiment towards … read more
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Supreme Court Ruling Triggered Pound Volatility Business News
January 25 2017GBP/EUR – Pound Remains Vulnerable to Brexit Developments The much anticipated Supreme Court ruling on the Article 50 case ultimately prompted … read more
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Sterling Surged after Greater Government Clarity on Brexit Business News
January 18 2017GBP/EUR – Sharp Movements Seen on PM Brexit Speech Pound exchange rates slumped sharply at the start of the week after reports emerged that the … read more
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Hard Brexit Fears Weigh on Pound Rates Business News
January 11 2017GBP/EUR – Hard Brexit Speculation Dominated Outlook Comments from Theresa May saw the Pound plunge dramatically at the start of the week, with … read more
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Pound Struggles to Capitalise on Strong UK PMIs Business News
January 4 2017GBP/EUR – Bullish Services PMI Could Encourage Sterling Rally Both the UK Manufacturing and Construction PMIs for December markedly bettered … read more
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Limited Trade Volumes Encourage Pound Volatility Business News
December 21 2016GBP/EUR – Lower BoE Inflation Forecasts Dent Sterling Demand Unsurprisingly the Bank of England (BoE) opted to leave interest rates on hold at its … read more
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Will GBP Rates Trend Lower on Widened UK Trade Deficit? Business News
December 7 2016GBP/EUR – Brexit Jitters Weigh on Sterling Reaction to the Supreme Court hearing of the government’s Article 50 appeal has been relatively … read more