Author: Samuel Birnie
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Pound Stumbles as UK Strike Action Intensifies Daily Update
August 19 2022Pound (GBP) Muted as Strikes Continue The Pound (GBP) softened against many of its peers yesterday as fresh rail strikes added to the UK’s … read more
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Pound Euro Exchange Rate Recoups Losses as Energy Fears Dent EUR GBP to EUR
August 18 2022Pound Euro (GBP/EUR) Exchange Rate Rises amid Eurozone Energy Security Concerns (Updated 15:40, 18/8/22) The Pound Euro (GBP/EUR) exchange rate has … read more
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Pound Mixed as UK Inflation Hits Double Digits Daily Update
Pound (GBP) Undermined as Income Crunch Intensifies The Pound (GBP) initially rose yesterday after hotter-than-expected UK inflation increased the … read more
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Pound Euro Exchange Rate Retreats as Recession Fears Offset Rate Rise Bets GBP to EUR
August 17 2022Pound Euro (GBP/EUR) Falls Further from Two-Week High following UK CPI (Updated 14:15, 17/8/22) The Pound Euro (GBP/EUR) exchange rate continued to … read more
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Pound Wavers Higher following Mixed Employment Report Daily Update
Pound (GBP) Firms amid BoE Rate Hike Bets The Pound (GBP) strengthened yesterday as the UK’s latest labour market report added to expectations … read more
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Pound Euro Exchange Rate Hits Eight-Day High on BoE Rate Rise Bets GBP to EUR
August 16 2022Pound Euro (GBP/EUR) Exchange Rate Strengthens amid BoE Expectations (Updated 15:30, 16/8/22) The Pound Euro (GBP/EUR) exchange rate wavered higher … read more
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US Dollar Strengthens as Sentiment Sours Daily Update
US Dollar (USD) Firms amid Risk-Averse Trade The US Dollar (USD) strengthened through the first part of yesterday’s trade as worries about … read more
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Pound Falters following Contraction in UK GDP Daily Update
August 15 2022Pound (GBP) Weakens as UK Economy Contracts The Pound (GBP) fell on Friday as new data revealed a contraction in the UK economy Month on month, … read more
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Pound US Dollar (GBP/USD) Exchange Rate Slides as USD Stages Recovery GBP to USD
August 12 2022Pound US Dollar (GBP/USD) Exchange Rate Extends Decline as USD Gathers Strength (Updated 16:20, 12/8/22) The Pound US Dollar (GBP/USD) exchange rate … read more
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US Dollar Downturn Continues on PPI Miss Daily Update
US Dollar (USD) Slips as Monthly PPI Falls The US Dollar (USD) declined yesterday amid fresh evidence that inflation is cooling in America The US … read more