Author: Matthew Andrews
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US Dollar Recovery Curtailed as US Slips Into a Technical Recession Daily Update
July 29 2022Pound (GBP) Muted amid Political Uncertainty The Pound (GBP) was trapped in a narrow range on Thursday as ongoing political uncertainty weighed on … read more
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Pound US Dollar (GBP/USD) Exchange Rate Stable as US Plunges into a Technical Recession GBP to USD
July 28 2022GBP/USD Exchange Rate Holds Ground amid Shock Contraction in US GDP (Updated 14:40, 28/7/22) The Pound US Dollar (GBP/USD) exchange rate is trading … read more
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US Dollar in Freefall as Fed Rate Hike Undermined by Cautious Messaging Daily Update
Pound (GBP) Wavers as Strike Concerns Offset BoE Rate Hike Bets The Pound (GBP) traded without a clear direction bias yesterday Sterling … read more
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Pound Euro (GBP/EUR) Exchange Rate Nears Three-Month High as Russia Cuts Gas Flows to Europe GBP to EUR
July 27 2022Pound Euro Exchange Rate Consolidates Recent Gains The Pound Euro (GBP/EUR) exchange rate is consolidating its recent gains this morning The pairing … read more
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Euro Slumps amid Gas Shortage Fears Daily Update
Pound (GBP) Subdued as Retail Sales Volumes Drop The Pound (GBP) ticked lower during yesterday’s session after the release of the Confederation of … read more
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Pound South African Rand Exchange Rate Weekly Forecast: GBP/ZAR Slumps Following SARB’s Shock 75bps Rate Hike GBP to ZAR Weekly Forecast
July 26 2022The Pound South African Rand (GBP/ZAR) exchange rate fluctuated last week The pairing’s initial gains being reversed following the South African … read more
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GBP/USD climbs to three-week high on BoE rate hike bets Daily Update
Pound (GBP) Buoyed by BoE Rate Hike Bets The Pound (GBP) firmed on Monday Speculation regarding a 50bps interest rate hike from the Bank of England … read more
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Pound Euro Exchange Rate Weekly Forecast: GBP/EUR Rocked by ECB’s First Rate Hike in a Decade GBP to EUR Weekly Forecast
July 25 2022The Pound Euro (GBP/EUR) exchange rate fluctuated again last week, particularly after the European Central Bank (ECB) surprised markets by raising … read more
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Euro and US Dollar Knocked by Abysmal PMI Releases Daily Update
Pound (GBP) Dented by Weak Retail Sales The Pound (GBP) was placed on the defensive at the end of last week, after UK retail sales were shown to … read more
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Euro Volatile as ECB Raises Rates by 0.5% Daily Update
July 22 2022Pound (GBP) Falls amid Worrying Public Finance Figures The Pound (GBP) fell sharply at the start of yesterday’s session following the latest … read more