Author: Samuel Birnie
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Pound Slumps as BoE Predicts UK Recession Daily Update
August 5 2022Pound (GBP) Plunges as UK Set for Recession After rising in the morning, the Pound (GBP) slumped yesterday afternoon following the Bank of … read more
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US Dollar Surges Higher following Strong Services PMI Daily Update
August 4 2022Pound (GBP) Stumbles amid Economic Warnings The Pound (GBP) fluctuated lower yesterday as UK economic worries offset expectations of a 50-bp rate … read more
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Pound Australian Dollar (GBP/AUD) Exchange Rate Fluctuates amid Shifting Risk Sentiment GBP to AUD
August 3 2022Pound Australian Dollar (GBP/AUD) Exchange Rate Wobbles in Volatile Trade The Pound Australian Dollar (GBP/AUD) exchange rate fluctuated this … read more
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US Dollar Rallies as China Tensions Rattle Markets Daily Update
Pound (GBP) Muted in Absence of Data The Pound (GBP) was mixed yesterday as a lack of UK economic data and hesitancy ahead of the Bank of England … read more
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Pound Euro (GBP/EUR) Exchange Rate Rebounds on EUR Weakness GBP to EUR
August 2 2022Pound Euro (GBP/EUR) Exchange Rate Recovers as EUR Falls (Updated 16:50, 2/8/22) The Pound Euro (GBP/EUR) exchange rate reversed its fortunes today … read more
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Pound Climbs on Expectations of a 0.5% BoE Rate Rise Daily Update
Pound (GBP) Firms as Traders Expect 50-bp Rate Rise The Pound (GBP) strengthened against many of its peers yesterday as Bank of England (BoE) rate … read more
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Pound Euro Weekly Forecast: GBP/EUR Exchange Rate Soars amid Eurozone Recession Fears GBP to EUR Weekly Forecast
August 1 2022The Pound Euro (GBP/EUR) exchange rate rose this morning after the Euro area’s final manufacturing PMI confirmed a contraction in factory activity, … read more
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US Dollar Rallies on Stronger-than-Expected PCE Price Index Daily Update
Pound (GBP) Dented by Rising Consumer Credit The Pound (GBP) weakened on Friday as the latest Bank of England (BoE) consumer credit report revealed … read more
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Pound Euro Exchange Rate Stabilises after ECB-Induced Slump GBP to EUR
July 21 2022Pound Euro (GBP/EUR) Exchange Rate Recovers as Markets Digest ECB Decision (Updated 16:30, 21/7/22) The Pound Euro (GBP/EUR) exchange rate … read more
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Euro Wobbles amid Gas Supply Fears and ECB Rate Rise Bets Daily Update
Euro (EUR) Wavers Lower amid Gas Supply Fears The Euro (EUR) fluctuated yesterday, trending lower overall, as gas supply fears undermined the single … read more