Author: Samuel Birnie
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US Dollar Climbs despite GDP Slowdown Daily Update
April 28 2023US Dollar (USD) Firms amid Fed Rate Hike Bets The US Dollar (USD) ticked higher during yesterday’s European session, recouping some of its … read more
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Pound Euro Exchange Rate Hits Eight-Day High following German GDP Euro (EUR) GBP to EUR Pound Sterling (GBP)
April 27 2023Pound Euro (GBP/EUR) Exchange Rate Firms amid Eurozone Economy Concerns (Updated 09:45, 28/4/24) The Pound Euro (GBP/EUR) exchange rate touched an … read more
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US Dollar Dips as Banking Fears Dent Fed Bets Daily Update
US Dollar (USD) Slides as Markets Scale Back Fed Bets A risk-off market mood failed to lift the safe-haven US Dollar (USD) yesterday, as markets … read more
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Pound Euro Exchange Rate Wavers in a Narrow Range Euro (EUR) GBP to EUR Pound Sterling (GBP)
April 26 2023Pound Euro (GBP/EUR) Exchange Rate Remains Rangebound (Updated 16:45, 26/4/23) The Pound Euro (GBP/EUR) exchange rate has continued to trade in a … read more
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US Dollar Climbs as Banking Jitters Hit Markets Daily Update
US Dollar (USD) Firms amid Risk-Off Trade The US Dollar (USD) rallied yesterday as widespread risk aversion saw traders flock to the safe-haven … read more
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Euro Strengthens amid Fresh Bets on More ECB Rate Hikes Daily Update
April 25 2023Euro (EUR) Climbs amid Hawkish ECB Comments A rise in German business morale lent the Euro (EUR) some support early in yesterday’s … read more
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Euro Rises as Private Sector Activity Picks Up Daily Update
April 24 2023Euro (EUR) Climbs following Strong PMI Results The Euro (EUR) marched higher at the end of last week following April’s PMI surveys Although the … read more
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Pound US Dollar (GBP/USD) Exchange Rate Falls following Downbeat UK Sales Data GBP to USD Pound Sterling (GBP) US Dollar (USD)
April 21 2023Pound US Dollar (GBP/USD) Exchange Rate Remains Weak despite Upbeat PMI (Updated 16:50, 21/4/23) The Pound US Dollar (GBP/USD) exchange rate fell … read more
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US Dollar Undermined by Disappointing Data Daily Update
Pound (GBP) Underpinned by BoE Bets Persistent bets on a 25bps rate hike from the Bank of England (BoE) in May propped up the Pound (GBP) on … read more
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Pound Climbs as UK Inflation Exceeds Forecasts Daily Update
April 20 2023Pound (GBP) Buoyed amid BoE Rate Hike Bets The Pound (GBP) gained ground yesterday after the UK’s latest consumer price index came in higher than … read more