Tag: Outlook
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Pound bolstered by reduced BoE rate cut bets, US dollar fluctuates amid hawkish Fed speculation Business News
May 28 2024Pound rallies as UK inflation outpaces expectations The pound (GBP) managed to begin last week on a positive note, despite mixed commentary from … read more
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US dollar slides amid improving market mood Daily Update
Pound (GBP) subdued amid slump in retail sales The pound (GBP) was muted on Friday, but managed to avoid a selloff, despite a huge 23% slump in UK … read more
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Pound euro (GBP/EUR) exchange rate pressured by falling UK retail sales Euro (EUR) GBP to EUR Pound Sterling (GBP)
May 24 2024Pound euro (GBP/EUR) exchange rate struggles as UK retail sales crater The pound euro (GBP/EUR) exchange rate is treading water this morning, … read more
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Pound trims post-inflation gains as UK PMIs disappoint Daily Update
Pound (GBP) slips as UK service sector growth slows The pound (GBP) stumbled yesterday after the UK’s latest services PMI pointed to a much … read more
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Pound Australian dollar (GBP/AUD) exchange rate dips following PMIs Australian Dollar (AUD) GBP to AUD Pound Sterling (GBP)
May 23 2024Pound Australian dollar (GBP/AUD) exchange rate dented following UK and Australian PMIs The pound Australian dollar (GBP/AUD) exchange rate ticked … read more
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Pound US dollar (GBP/USD) subdued near eight-week high amid slowing UK services inflation GBP to USD Pound Sterling (GBP) US Dollar (USD)
Pound US dollar (GBP/USD) wavers as market sentiment offsets upbeat US data (Updated 16:30, 23/05/2024) The pound US dollar (GBP/USD) exchange … read more
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Pound climbs as UK inflation beats forecasts Daily Update
Pound (GBP) boosted by hotter inflation reading The pound (GBP) surged to two-month highs yesterday after the UK’s consumer price index for April … read more
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Pound US dollar (GBP/USD) exchange rate trades near two-month high GBP to USD Pound Sterling (GBP) US Dollar (USD)
May 22 2024Pound US dollar (GBP/USD) muted amid downbeat market mood (Updated 16:30, 22/05/24) The pound US dollar (GBP/USD) exchange rate is continuing to … read more
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Pound mixed amid economic optimism and BoE rate cut bets Daily Update
Pound (GBP) mixed following revised IMF forecasts The pound (GBP) traded in a wide range yesterday as economic optimism and Bank of England (BoE) … read more
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Pound US dollar (GBP/USD) wobbles near two-month high despite hawkish Fed rhetoric GBP to USD Pound Sterling (GBP) US Dollar (USD)
May 21 2024Pound US dollar (GBP/USD) wavers despite cautious Fed stance (Updated 14:30, 21/05/2024) The pound US dollar (GBP/USD) exchange rate continued to … read more