Tag: Outlook
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Pound volatile prior to UK election, US dollar pressured by cooling inflation Business News
July 1 2024Pound mixed ahead of UK general election The pound initially ticked higher at the start of last week on the back of a better-than-forecast … read more
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Pound struggles despite stronger UK GDP Daily Update
Pound (GBP) uninspired by upbeat GDP The pound (GBP) struggled to attract support on Friday, despite the UK’s final results for first-quarter GDP … read more
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US dollar retreats amid disappointing data Daily Update
June 28 2024Pound (GBP) resists losses despite financial stability fears The pound (GBP) found limited success yesterday, firming against its weaker rivals but … read more
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Pound euro exchange rate muted following Eurozone economic sentiment Euro (EUR) GBP to EUR Pound Sterling (GBP)
June 27 2024Pound euro (GBP/EUR) exchange rate rangebound on underwhelming Eurozone data The pound euro (GBP/EUR) exchange rate is trapped in a narrow range … read more
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Pound stumbles as bleak sales data fuels UK economy worries Daily Update
Pound (GBP) slides amid downbeat retail data The pound (GBP) came under pressure yesterday following some downbeat data from the Confederation of … read more
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Pound Australian dollar (GBP/AUD) slumps following CBI distributive trades Australian Dollar (AUD) GBP to AUD Pound Sterling (GBP)
June 26 2024Pound Australian dollar (GBP/AUD) slips following UK retail data (Updated 14:00, 26/06/24) The pound Australian dollar (GBP/AUD) exchange rate has … read more
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US dollar climbs as Fed official voices openness to rate hike Daily Update
Pound (GBP) ticks higher despite lack of data Despite a lack of fresh UK economic data, the pound (GBP) rose against its weaker rivals … read more
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Pound Australian dollar (GBP/AUD) exchange rate flat despite upbeat Australian data Australian Dollar (AUD) GBP to AUD Pound Sterling (GBP)
June 25 2024Pound Australian dollar (GBP/AUD) exchange rate muted following better-than-expected Australian data The pound Australian dollar (GBP/AUD) exchange … read more
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Pound euro (GBP/EUR) exchange rate tepid amid lack of data Euro (EUR) GBP to EUR Pound Sterling (GBP)
Pound euro (GBP/EUR) exchange rate wavers amid absence of domestic data The pound euro (GBP/EUR) exchange rate is wavering this morning, owing to a … read more
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US dollar retreats from recent highs amid profit-taking Daily Update
Pound (GBP) stable following positive CBI data The pound (GBP) held steady yesterday after the Confederation of British Industry’s (CBI) latest … read more