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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Will GBP USD Exchange Rate Weaken on Stronger US Employment? Business News
November 30 2016GBP/EUR – Lack of Brexit Clarity Limits Sterling Appeal A page of leaked government notes on Brexit failed to do much to weigh down the Pound, … read more
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Pound Rates Weakened by Lower OBR Growth Forecasts Business News
November 23 2016GBP/EUR – Brexit-Based Uncertainty Eased by May Speech Comments from Theresa May to the CBI conference helped to boost the Pound this week, as the … read more
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Autumn Statement Could Undermine Pound Exchange Rates Business News
November 16 2016GBP/EUR – Sterling Could Slide on Disappointing Autumn Statement Despite a Donald Trump presidency being seen to improve the chances of a … read more
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What Impact Did the US Election Have on GBP/USD, EUR/USD? Business News
November 9 2016GBP/USD – Weaker UK Construction Could Dent Pound Demand Demand for the Pound was also limited by a more modest NIESR Gross Domestic Product … read more
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‘Cable’ Trends Higher as US Election Jitters Weigh on Dollar Business News
November 2 2016GBP/EUR – BoE Meeting Minutes Expected to Provoke GBP Volatility The Pound experienced some major volatility at the start of the week, thanks to … read more
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Pound Under Pressure Ahead of Third Quarter UK GDP Business News
October 26 2016GBP/EUR – Slowing UK Growth Forecast to Dent Sterling UK retail sales disappointed in September, suggesting that consumer demand has begun to … read more
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Pound Exchange Rates Boosted as UK Labour Market Shows Limited Brexit Impact Business News
October 19 2016GBP/EUR – UK Cabinet Spat Rumours Weighed on Pound Rumours that Chancellor of the Exchequer Philip Hammond could be considering resignation put … read more
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GBP Exchange Rates Found Support on Promise of Parliament Brexit Debate Business News
October 12 2016GBP/EUR – Flash Crash Exacerbated Sterling Downside Pressures During Friday’s Asian trading session the Pound suffered a flash crash, slumping … read more
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Hard-line Brexit Outlook Pushed GBP/USD to 31-Year Low Business News
October 5 2016GBP/EUR – Hard Brexit Worries Prompted Sharp Sterling Slump The Pound plunged sharply in response to comments from the Conservative party … read more
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GBP Softened by Bank of England Rate Cut Talk Business News
September 28 2016GBP/EUR – BoE Shafik Talks of Further Rate Cuts Fears of a ‘hard’ Brexit, where the UK rejects single market access in order to tighten … read more