Tag: Outlook
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Pound slides amid BoE rate cut bets and civil unrest Daily Update
August 7 2024Pound (GBP) extends downside amid BoE rate cut bets The pound (GBP) faced selling pressure yesterday as markets continued to price in the … read more
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Global market selloff drives significant currency volatility Daily Update
August 6 2024Pound (GBP) weakens amid BoE rate cut speculation The pound (GBP) fluctuated lower yesterday as a global market selloff fuelled bets that the Bank … read more
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US dollar plummets following weak jobs data Daily Update
August 5 2024Pound (GBP) claws back losses on BoE comments The pound (GBP) initially remained on the back foot on Friday as the Bank of England’s (BoE) … read more
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Pound US dollar (GBP/USD) exchange rate at four-week low following BoE rate cut GBP to USD Pound Sterling (GBP) US Dollar (USD)
August 2 2024GBP/USD exchange rate rangebound following BoE decision The pound US dollar (GBP/USD) exchange rate is nursing it’s wounds this morning following … read more
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Pound plunges as BoE cuts interest rates Daily Update
Pound (GBP) hammered by BoE rate cut The pound (GBP) plummeted to multi-week lows yesterday as investors began anticipating an interest rate cut … read more
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Pound US dollar (GBP/USD) slumps following BoE interest rate cut GBP to USD Pound Sterling (GBP) US Dollar (USD)
August 1 2024Pound US dollar (GBP/USD) dips as BoE cut rates (Updated 15:30, 01/08/24) The pound US dollar (GBP/USD) exchange rate is stumbling this afternoon … read more
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US dollar rises amid souring market mood Daily Update
July 30 2024Pound (GBP) wobbles amid UK tax hike fears The pound (GBP) stumbled out of the gate this week amid fears that UK Chancellor Rachel Reeves would … read more
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Pound euro exchange rate dips amid concerns over UK’s £20bn ‘black hole’ Euro (EUR) GBP to EUR Pound Sterling (GBP)
July 29 2024GBP/EUR exchange rate stumbled amid concern over UK’s public finances The pound euro (GBP/EUR) exchange rate is drifting lower this morning as … read more
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Pound US dollar (GBP/USD) exchange rate flat ahead of US inflation figures GBP to USD Pound Sterling (GBP) US Dollar (USD)
July 26 2024Pound US dollar (GBP/USD) exchange rate muted ahead of high impact US data The pound US dollar (GBP/USD) exchange rate is trapped in a narrow range … read more
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Pound euro (GBP/EUR) dips following underwhelming UK data Euro (EUR) GBP to EUR Pound Sterling (GBP)
July 25 2024Pound euro (GBP/EUR) dented by UK data (Updated 16:45, 25/07/24) The pound euro (GBP/EUR) exchange rate edged lower moving into the second half of … read more