Author: Samuel Birnie
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Pound Plummets as BoE Predicts Two-Year Recession Daily Update
November 4 2022Pound (GBP) Tanks as BoE Says UK in Recession The Pound (GBP) slumped yesterday as the Bank of England (BoE) delivered a jumbo interest rate rise of … read more
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Pound US Dollar (GBP/USD) Exchange Rate Extends Slump as BoE Warns of ‘Prolonged’ Recession GBP to USD
November 3 2022Pound US Dollar (GBP/USD) Exchange Rate Slides amid UK Recession Woes (Updated 15:25, 3/11/22) The Pound US Dollar (GBP/USD) exchange rate plunged … read more
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US Dollar Zigzags Higher as Fed Signals Further Rate Rises Daily Update
US Dollar (USD) Jumps as Fed Hints at More Rate Hikes After initially softening, the US Dollar (USD) managed to recoup some losses yesterday … read more
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Pound Euro Exchange Rate Softens as UK Cost-of-Living Crisis Deepens GBP to EUR
November 2 2022Pound Euro (GBP/EUR) Exchange Rate Remains Weak despite EUR Headwinds (Updated 15:45, 02/11/22) The Pound Euro (GBP/EUR) exchange rate stayed in the … read more
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US Dollar Jumps as Data Exceeds Forecasts Daily Update
US Dollar (USD) Rises amid Renewed Rate Rise Bets The US Dollar (USD) jumped yesterday afternoon as stronger-than-expected US data boosted … read more
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Pound Euro Exchange Rate Wobbles as UK House Prices Decline GBP to EUR
November 1 2022Pound Euro (GBP/EUR) Exchange Rate Trades Sideways despite UK Concerns The Pound Euro (GBP/EUR) exchange rate initially dipped this morning but … read more
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GBP/NZD Weekly Forecast: Central Bank Decisions to Drive Volatility? GBP to NZD Weekly Forecast
After gaining ground last week, the Pound New Zealand Dollar (GBP/NZD) exchange rate has slumped this week Worries about the UK economy are weighing … read more
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US Dollar Firms as Markets Reposition for Fed Decision Daily Update
US Dollar (USD) Firms ahead of Fed Decision The US Dollar (USD) strengthened yesterday, regaining some of last week’s losses, as USD bets picked … read more
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Pound Euro Weekly Forecast: BoE Decision to Rock GBP/EUR Exchange Rate? GBP to EUR Weekly Forecast
October 31 2022The Pound Euro (GBP/EUR) exchange rate hit a two-month high last week but is retreating during this week’s trade Concerns about the UK’s looming … read more
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Pound Ends Week on a High amid Ongoing UK Optimism Daily Update
Pound (GBP) Jumps as Optimism Prevails After initially softening, the Pound (GBP) surged higher on Friday, without a clear catalyst for the … read more