Tag: Euro
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Pound snaps losing streak but recovery looks limited Daily Update
October 9 2024Pound (GBP) crawls higher following recent selloff The pound (GBP) managed to rise against its weaker rivals yesterday, despite a lack of data, as … read more
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Pound euro exchange rate wobbles following upbeat German data Euro (EUR) GBP to EUR Pound Sterling (GBP)
October 8 2024Pound euro (GBP/EUR) exchange rate subdued as German data beats forecasts The pound euro (GBP/EUR) exchange rate stumbled at the start of today’s … read more
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GBP/USD slips to three-week low amid BoE rate cut speculation Daily Update
Pound (GBP) slips amid rising BoE rate cut expectations The pound (GBP) got off to a poor start this week, amid growing bets the Bank of England … read more
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FX weekly forecast: Slowing inflation to weaken the US dollar? Weekly Forecast
October 7 2024Pound (GBP) The only GBP data of note this week will be the UK’s latest GDP print The monthly figures may help to underpin the pound (GBP) if they … read more
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Pound euro exchange rate muted ahead of Eurozone retail sales Euro (EUR) GBP to EUR Pound Sterling (GBP)
Pound euro exchange rate flat despite downbeat German data The pound euro (GBP/EUR) exchange rate is trapped in a narrow range this morning as … read more
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US dollar soars as US payrolls smash expectations Daily Update
Pound (GBP) firms as BoE Pill tempers rate cut bets The pound (GBP) mounted a recovery at the end of last week’s session, following comments by … read more
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Pound euro exchange rate rebounds following BoE Pill comments Euro (EUR) GBP to EUR Pound Sterling (GBP)
October 4 2024Pound euro exchange rate retreats from two-week low, supported by further BoE commentary The pound euro (GBP/EUR) exchange rate has managed to … read more
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Pound plummets as BoE Governor hints at more ‘aggressive’ rate cuts Daily Update
Pound (GBP) collapses following BoE Bailey comments The pound (GBP) plunged on Thursday as markets responded to recent comments from Bank of England … read more
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US dollar bolstered by stronger-than-expected US jobs data Daily Update
October 3 2024Pound (GBP) sidelined by potential infrastructure cuts The pound (GBP) traded in a narrow range yesterday amid fresh concern over the UK’s … read more
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Pound euro exchange rate muted following Eurozone labour data Euro (EUR) GBP to EUR Pound Sterling (GBP)
October 2 2024Pound euro exchange rate flat following Eurozone unemployment The pound euro (GBP/EUR) exchange rate is trapped in a narrow range this morning … read more