Tag: Euro
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US dollar strikes new multi-month lows in upbeat trade Daily Update
August 21 2024Pound (GBP) buoyed by UK economic optimism The pound (GBP) trended broadly higher yesterday, with Sterling sentiment strengthening amid UK economic … read more
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Pound euro (GBP/EUR) fluctuates amid decelerating German producer prices Euro (EUR) GBP to EUR Pound Sterling (GBP)
August 20 2024Pound euro (GBP/EUR) exchange rate wavers despite easing German price pressures The pound euro (GBP/EUR) exchange rate is subdued this morning as … read more
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EUR/USD strikes year-to-date high on dovish Fed remarks Daily Update
Pound (GBP) muted amid BoE speculation The pound (GBP) traded sideways through yesterday’s session as GBP investors continued to adjust their … read more
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US dollar falls amid ramped-up Fed rate cut bets, pound supported by positive data Business News
August 19 2024Pound volatile amid mixed data Trade in the pound was uneven last week as GBP investors contended with a deluge of high-impact UK economic … read more
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FX weekly forecast: US dollar to sink on dovish shift by Fed at Jackson Hole? Weekly Forecast
Pound (GBP) The UK’s preliminary PMIs for August will likely be the main focus for GBP investors this week These are expected to report an … read more
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US dollar stumbles as risk appetite improves Daily Update
Pound (GBP) trims gains after recovering retail sales The pound (GBP) strengthened as Friday’s session started, thanks to a 05% recovery in UK … read more
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Pound euro (GBP/EUR) exchange rate firms as retail sales climb Euro (EUR) GBP to EUR Pound Sterling (GBP)
August 16 2024GBP/EUR exchange rate rises as UK sales increase The pound euro (GBP/EUR) exchange rate is trending higher this morning following the release of the … read more
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US dollar recovers on stronger retail sales Daily Update
Pound (GBP) buoyed by upbeat UK GDP The pound (GBP) attracted some bids yesterday thanks to a solid 06% expansion in the UK economy in the second … read more
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Pound euro exchange rate firms following UK GDP Euro (EUR) GBP to EUR Pound Sterling (GBP)
August 15 2024Pound euro exchange rate ticks up amid upbeat UK GDP The pound euro (GBP/EUR) exchange rate is drifting higher this morning following the … read more
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Pound and US dollar dented by softer inflation readings Daily Update
Pound (GBP) slips as inflation misses forecasts The pound (GBP) fell yesterday after the UK’s consumer price index came in lower than expected, … read more