Tag: Euro
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GBP/EUR soars to new two-year high on abysmal Eurozone data Daily Update
September 24 2024Pound (GBP) wavers on mixed UK PMIs The pound (GBP) was subdued through yesterday’s session, following the release of a mixed UK services … read more
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FX weekly forecast: US dollar to extend selloff if inflation cools? Weekly Forecast
September 23 2024Pound (GBP) Movement in the pound (GBP) this week may be linked to the Labour party conference GBP investors will be hoping that the Labour … read more
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Pound euro exchange rate strikes two-year high following PMIs Euro (EUR) GBP to EUR Pound Sterling (GBP)
Pound euro exchange rate reaches two-year high following PMI data The pound euro (GBP/EUR) exchange rate is trending broadly higher this morning, … read more
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Pound finds fleeting gains as UK retail sales beat forecasts Daily Update
Pound (GBP) trims gains despite strong retail sales The pound (GBP) initially strengthened on Friday after the UK’s latest retail sales figure … read more
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Pound euro strikes two-year high following forecast beating UK retail sales data Euro (EUR) GBP to EUR Pound Sterling (GBP)
September 20 2024Pound euro exchange rate trades near 24-month high following upbeat UK data The pound euro (GBP/EUR) exchange rate is teetering near a two-year high … read more
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Pound supported as BoE leaves rates unchanged Daily Update
Pound (GBP) buoyed by BoE rate hold The pound (GBP) enjoyed some support yesterday after the Bank of England (BoE) voted overwhelmingly not to cut … read more
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GBP/USD touches 30-month high following bumper Fed rate cut Daily Update
September 19 2024Pound (GBP) climbs as UK CPI beats forecasts The pound (GBP) strengthened yesterday after the UK’s latest consumer price index exceeded … read more
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Pound euro exchange rate firms following UK inflation Euro (EUR) GBP to EUR Pound Sterling (GBP)
September 18 2024Pound euro exchange rate ticks up amid hotter-than-expected UK CPI The pound euro (GBP/EUR) exchange rate is drifting higher this morning following … read more
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GBP/USD to surge if Fed delivers a bumper 50bps rate cut? Daily Update
Pound (GBP) stable ahead of impactful UK data The pound (GBP) traded sideways through yesterday’s session in the absence of any market-moving GBP … read more
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Pound euro (GBP/EUR) rangebound despite disappointing German ZEW index Euro (EUR) GBP to EUR Pound Sterling (GBP)
September 17 2024Pound euro (GBP/EUR) wobbles despite sinking German morale (Updated 15:00, 17/09/24) The pound euro (GBP/EUR) exchange rate is trading without a … read more