Tag: Euro
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GBP/USD strikes two-year high despite PM’s warning of ‘painful’ UK budget Daily Update
August 28 2024Pound (GBP) supported by BoE expectations The pound (GBP) ticked broadly higher through yesterday’s session, with GBP investors seemingly unfazed … read more
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US dollar plummets on dovish Fed signals, pound boosted by UK economic optimism Business News
August 27 2024Pound reaches multi-month high as market pare BoE rate cut bets The pound trended broadly higher through the start of last week amid a sense of UK … read more
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Pound euro exchange rate flat despite disappointing German data Euro (EUR) GBP to EUR Pound Sterling (GBP)
Pound euro exchange rate muted following German economic releases The pound euro (GBP/EUR) exchange rate is trapped in a narrow range this morning … read more
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FX weekly forecast: Cooling Eurozone inflation expected to weaken the euro Weekly Forecast
Pound (GBP) A speech by Keir Starmer on Tuesday could act as a headwind for the pound (GBP) this week as the UK Prime Minister is expected to warn … read more
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US dollar nosedives on dovish Fed Powell speech Daily Update
Pound (GBP) strengthened by BoE rate speculation The pound (GBP) closed last week’s session on a positive note as Thursday’s impressive UK PMI … read more
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Pound euro (GBP/EUR) exchange rate spikes to 23-day high Euro (EUR) GBP to EUR Pound Sterling (GBP)
August 23 2024GBP/EUR exchange rate boosted by strong UK PMI data The pound euro (GBP/EUR) exchange rate is trending higher today, extending a week-long … read more
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Pound rallies as markets trim BoE rate cut bets on upbeat UK PMIs Daily Update
Pound (GBP) strengthens on upbeat PMIs The pound (GBP) rallied yesterday as GBP investors welcomed stronger-than-expected PMI figures from the … read more
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Pound euro (GBP/EUR) strengthens amid UK services acceleration Euro (EUR) GBP to EUR Pound Sterling (GBP)
August 22 2024Pound euro (GBP/EUR) exchange rate climbs higher as UK PMIs beat forecasts The pound euro (GBP/EUR) exchange rate is gaining ground this morning … read more
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Pound shrugs off disappointing UK borrowing figures Daily Update
Pound (GBP) firms in spite of UK borrowing concerns The pound (GBP) ticked higher on Wednesday, despite data showing that UK government borrowing … read more
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Pound euro (GBP/EUR) exchange rate subdued on UK tax rise concerns GBP to EUR
August 21 2024Pound euro exchange rate rangebound as UK borrowing figures disappoint The pound euro (GBP/EUR) exchange rate is trading sideways this morning as … read more