Tag: interest rates
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Euro Ticks Higher as ECB Pushes Back on Rate Cut Speculation Daily Update
December 19 2023Pound (GBP) Stumbles amid Bleak Economic Forecast The Pound (GBP) weakened yesterday after accountancy giant KPMG warned that the UK’s economic … read more
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US Dollar Rebounds following Hawkish Fed Comments Daily Update
December 18 2023Pound (GBP) Ticks Higher following PMIs The Pound (GBP) rose at the start of Friday’s session after the UK’s latest service sector PMI beat … read more
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Pound Rallies amid Hawkish BoE Rhetoric Daily Update
December 15 2023Pound (GBP) Climbs as BoE Strikes Hawkish Tone The Pound (GBP) strengthened yesterday after the Bank of England (BoE) struck a hawkish tone at its … read more
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Pound US Dollar (GBP/USD) Exchange Rate Hits Three-Month High on Hawkish BoE GBP to USD Pound Sterling (GBP) US Dollar (USD)
December 14 2023Pound US Dollar (GBP/USD) Exchange Rate Roars Higher on BoE-Fed Divergence (Updated 16:30, 14/12/23) The Pound US Dollar (GBP/USD) exchange rate … read more
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US Dollar Collapses following Dovish Fed Remarks Daily Update
US Dollar (USD) Crumbles after Fed Decision The US Dollar (USD) plummeted yesterday evening after Federal Reserve Chair Jerome Powell struck an … read more
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Pound Euro Exchange Rate Stumbles after UK GDP Disappoints Euro (EUR) GBP to EUR Pound Sterling (GBP)
December 13 2023Pound Euro (GBP/EUR) Exchange Rate Slides on UK Recession Fears The Pound Euro (GBP/EUR) exchange rate is on the back foot today after the UK’S … read more
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Pound US Dollar (GBP/USD) Exchange Rate Nears Three-Week Lows after UK GDP Contracts GBP to USD Pound Sterling (GBP) US Dollar (USD)
Pound US Dollar (GBP/USD) Exchange Rate Extends Downside following Weak British GDP (Updated 15:45, 13/12/23) The Pound US Dollar (GBP/USD) exchange … read more
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US Dollar Rebounds amid Signs of Sticky Inflation Daily Update
US Dollar (USD) Rebounds following Inflation Data The safe-haven US Dollar (USD) initially weakened yesterday amid a risk-on market mood However, … read more
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Pound Euro Exchange Rate Weakens as UK Wage Growth Slows Euro (EUR) GBP to EUR Pound Sterling (GBP)
December 12 2023Pound Euro (GBP/EUR) Exchange Rate Stumbles following UK Jobs Report The Pound Euro (GBP/EUR) exchange rate fell this morning amid softer UK wage … read more
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Pound US Dollar (GBP/USD) Exchange Rate Flat amid Mixed UK Employment Data GBP to USD Pound Sterling (GBP) US Dollar (USD)
Pound US Dollar (GBP/USD) Exchange Rate Narrow as UK Jobs Market Cools The Pound US Dollar (GBP/USD) exchange rate is rangebound this morning, amid … read more