Currency News: UK Daily Forex News, Exchange Rate Forecast, …
WEB4 days ago · The Pound US Dollar (GBP/USD) exchange rate nosedived on Thursday morning, following some dovish remarks from Bank of England (BoE) Governor Andrew Bailey that sent the UK currency reeling. At the time of writing, GBP/USD traded at $1.3115, having plunged more than 1% since the start of the session. The Pound (GBP) came under intense selling ...
Currency News: UK daily forex news and forecasts
WEB5 days ago · The Pound US Dollar (GBP/USD) exchange rate climbed higher on Wednesday, driven by disappointing US employment data. At the time of writing, GBP/USD was trading around $1.3156, marking an approximate 0.3% increase from the day’s opening levels. The US Dollar (USD) slumped on Wednesday following the release of a weaker-than-expected JOLTs job ...
Growing BoE Rate Cut Speculation Prompts Pound to Euro Rate Slide
WEB12 hours ago · The Pound to Euro (GBP/EUR) exchange rate started the week on a negative note as increased speculation regarding the pace of interest rate cuts from the Bank of England (BoE) pressured Sterling sentiment. At the time of writing, GBP/EUR was trading around €1.1925, down roughly 0.2% from Monday’s opening levels.
German Woes Sap Euro Support, GBP to EUR Rate Holds Around …
WEB12 hours ago · STORY LINK German Woes Sap Euro Support, GBP to EUR Rate Holds Around 1.1950. The Pound to Euro (GBP/EUR) exchange rate has consolidated around 1.1950 despite a more fragile risk environment with Pound sentiment holding firm despite weaker equities while the Euro has again been hit by dismal data. The latest COT data, reported by the CFTC ...
Pound to US Dollar Exchange Rate Forecast, News: BoE Rate Cut …
WEB4 days ago · At the time of writing, GBP/USD traded at $1.3115, having plunged more than 1% since the start of the session. The Pound (GBP) came under intense selling pressure at the beginning of Thursday's session, as remarks from BoE Governor Bailey heightened expectations for further interest rate cuts. In an interview with the Guardian, Bailey stated ...
Daily Currency Updates | Currency News UK
WEBDec 20, 2023 · STORY LINK Euro to Dollar Rate: EURUSD Retreats as Fed’s Powell Maintains Hawkish Stance. Hawkish Fed rhetoric pulled the Euro (EUR) lower against the US Dollar (USD) on Thursday and CIBC expects the currency pair will weaken further to 1.03 at the end of 2023. At the time of writing, the Euro to Dollar exchange rate (EUR/USD) traded at 1.06699.
Currency Predictions | Currency News UK
WEB20 Dec 2023 at 5 PM - Written by Frank Davies. STORY LINK Euro to Dollar Outlook 2024: HSBC Now Predicts Above 1.10. The Euro to Dollar exchange rate (EUR/USD) has been held below 1.10, but found support below 1.0900 on Monday and advanced to 1.0935 on Tuesday with relatively narrow ranges prevailing.
Pound Sterling forecast - gbp pound sterling pound sterling
WEBOct 1, 2024 · STORY LINK Pound Sterling Today: Global Narrative Continues to Support GBP Exchange Rates. The Pound to Euro (GBP/EUR) exchange rate has stabilised just below the 1.2000 level amid firm Pound sentiment and Euro-Zone difficulties. ING still sees scope for a near-term GBP/EUR move to 1.2050, …
Pound to Euro Rate: Tipped to 1.1630 on Break Above 1.1550, say …
WEBNovember 27, 2023 - Written by Ben Hughes. STORY LINK Pound to Euro Rate: Tipped to 1.1630 on Break Above 1.1550, say ING. The Pound to Euro exchange rate (GBP/EUR) has made headway on Monday and posted a 3-week high just above the 1.1540 level. Marke expectations surrounding potential Bank of England (BoE) rate cuts have been scaled back slightly in absolute terms and compared with the ECB ...
Pound to Euro: Sterling Looks to Major UK Data Releases to …
WEBFeb 12, 2024 · STORY LINK Pound to Euro: Sterling Looks to Major UK Data Releases to Trigger Breakout. The Pound to Euro (GBP/EUR) exchange rate has continued to find support close to 1.1700 and settled around 1.1715 on Monday as tight ranges have prevailed. UK data this week will have an important market impact and volatility will inevitably increase with ...