The Pound US Dollar exchange rate edged higher at the start of the week, bolstered by Monday’s risk-on market mood. At the time of writing, GBP/USD was trading at approximately $1.2568, up roughly 0.3 ...
The Pound Euro exchange rate (GBP/EUR) edged lower on Monday as Donald Trump’s Treasury Secretary nomination helped calm concerns about US tariffs negatively impacting the Eurozone economy. At the ...
The US Dollar traded lower at the Monday open following the news that President-elect Trump had nominated Scott Bessent to be Treasury Secretary. The nomination of Bessent increased hopes of less ...
The Pound US Dollar exchange rate treaded water on Thursday despite the UK’s latest borrowing figures outpacing estimates. At the time of writing, GBP/USD was trading at approximately $1.2641, ...
HSBC expects that the Pound to Dollar (GBP/USD) exchange will edge lower to 1.24 by June 2024. The bank is forecasting significant net dollar gains, but with GBP/USD losses contained by a Pound ...
Foreign exchange analysts at Commerzbank expect the Pound to Euro exchange rate (GBP/EUR) to maintain strength throughout 2025 with gains to 1.2350 at year-end. This would be the strongest level since ...
The Pound to Dollar (GBP/USD) exchange rate has been unable to make headway and drifted to 1.2625 on Thursday, close to 6-month lows just below 1.2600. Overall risk conditions are less benign amid ...
PMIs in the EU dropped further, with Services joining Manufacturing in contraction territory. The euro dropped sharply. EURUSD was down –1.35% and tested 1.035. One hope for the euro is that PMIs are ...
The Pound Euro (GBP/EUR) exchange rate edged up on Wednesday following the publication of the UK’s latest consumer price index (CPI). At the time of writing, the GBP/EUR was trading at around €1.2007, ...
The stronger than expected UK inflation data strengthened the Pound on Wednesday with the Pound to Euro (GBP/EUR) exchange rate edging back above the 1.2000 level from 1.1980 as markets priced out the ...
The Pound to US Dollar (GBP/USD) exchange rate traded in a tight range on Wednesday as stronger-than-expected UK inflation data balanced out broader market risk aversion. At the time of writing, ...
The Pound Euro (GBP/EUR) exchange rate wavered sideways on Thursday as rising UK borrowing costs and flaring tensions in the Russia-Ukraine war weighed on both currencies. The Pound (GBP) declined on ...