Author: Samuel Birnie
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Pound euro (GBP/EUR) exchange rate soars amid central bank divergence Euro (EUR) GBP to EUR Pound Sterling (GBP)
June 7 2024Pound euro (GBP/EUR) exchange rate jumps as US data shakes up markets (Updated 16:40, 07/06/24) The pound euro (GBP/EUR) exchange rate leapt to a … read more
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Euro climbs as ECB says interest rates to remain ‘restrictive’ Daily Update
Pound (GBP) uncertain amid economic forecasts The pound (GBP) traded without a clear trajectory on Thursday, despite the British Chambers of … read more
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US dollar fluctuates on mixed US data Daily Update
June 6 2024Pound (GBP) finds modest support despite lacklustre PMI The pound (GBP) managed to gain ground against its weaker rivals yesterday, despite a lack … read more
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US dollar recovers from near two-month low Daily Update
June 5 2024Pound (GBP) unclear in absence of data The pound (GBP) was mixed yesterday as a lack of UK economic data left the currency without a clear … read more
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US dollar tumbles as manufacturing PMI declines Daily Update
June 4 2024Pound (GBP) subdued despite positive manufacturing PMI The pound (GBP) initially stumbled yesterday, with confirmation of an expansion in UK … read more
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Euro firms as Eurozone inflation outpaces forecasts Daily Update
June 3 2024Pound (GBP) softens as data remains scarce The pound (GBP) fell against many of its peers on Friday as a continued lack of UK economic data left the … read more
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US dollar declines as US economy slows more than expected Daily Update
May 31 2024Pound (GBP) slips in absence of data The pound (GBP) weakened yesterday as the ongoing lack of UK economic data left Sterling vulnerable to … read more
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US dollar rises as markets rein in Fed rate cut bets Daily Update
May 30 2024Pound (GBP) softens amid souring market mood A lack of UK data left the pound (GBP) exposed to global risk dynamics yesterday, with the increasingly … read more
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GBP, EUR and USD waver amid market volatility Daily Update
May 29 2024Pound (GBP) wavers following CBI data The pound (GBP) fluctuated yesterday, although a stronger-than-expected distributive trades survey from the … read more
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US dollar slides amid improving market mood Daily Update
May 28 2024Pound (GBP) subdued amid slump in retail sales The pound (GBP) was muted on Friday, but managed to avoid a selloff, despite a huge 23% slump in UK … read more