Tag: Euro
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US dollar firms as US Treasury yields surge Daily Update
October 22 2024Pound (GBP) subdued amid tax hike speculation The pound (GBP) traded sideways at the start of this week’s session, as GBP investors grew … read more
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FX weekly forecast: Strong UK services PMI to bolster the pound? Weekly Forecast
October 21 2024Pound (GBP) The UK’s preliminary PMIs for October are likely to drive movement in the pound (GBP) this week If they show that growth in the … read more
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Pound euro exchange rate muted despite underwhelming German data Euro (EUR) GBP to EUR Pound Sterling (GBP)
Pound euro exchange rate flat following German PPI The pound euro (GBP/EUR) exchange rate is trapped in a narrow range this morning following the … read more
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US dollar slides as market risk appetite improves Daily Update
Pound (GBP) buoyed by positive retail sales print The pound (GBP) closed last week’s session on a positive note, following the release of the … read more
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Pound euro exchange rate underpinned by UK retail sales Euro (EUR) GBP to EUR Pound Sterling (GBP)
October 18 2024Pound euro exchange rate reaches two-and-a-half year high following UK retail sales The pound euro (GBP/EUR) exchange rate is trading near a … read more
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Euro falls as ECB cuts interest rates Daily Update
Pound (GBP) licks wounds following UK CPI The pound (GBP) was mixed yesterday as a lack of new data left GBP investors to dwell on Wednesday’s … read more
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Pound euro exchange rate muted ahead of ECB interest rate decision Euro (EUR) GBP to EUR Pound Sterling (GBP)
October 17 2024Pound euro exchange rate flat ahead of expected ECB rate cut The pound euro (GBP/EUR) exchange rate is trapped in a narrow range this morning as … read more
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GBP/USD plunges to eight-week low as UK inflation slows sharply Daily Update
Pound (GBP) slumps amid BoE rate cut bets The pound (GBP) nosedived on Wednesday as the UK’s latest consumer price index reported a … read more
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Pound euro exchange rate slumps amid cooling UK inflation Euro (EUR) GBP to EUR Pound Sterling (GBP)
October 16 2024Pound euro exchange rate weakens following UK CPI data The pound euro (GBP/EUR) exchange rate is losing ground this morning following the … read more
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Pound rises as UK unemployment falls Daily Update
Pound (GBP) firms following UK jobs data The pound (GBP) strengthened yesterday as an unexpected drop in UK unemployment cheered GBP … read more