GBP/CAD Muted as UK Politics Remains Uncertain
The Pound Canadian Dollar (GBP/CAD) exchange rate is trading in a narrow range this morning as the UK and geopolitical landscape remains unstable, with Sue Gray’s report expected to be published imminently, as well as the unknown future regarding the Russia-Ukraine...
* This article was originally published here
Tuesday, February 22, 2022
Saturday, February 19, 2022
Tuesday, February 15, 2022
Pound Euro Exchange Rate News: GBP/EUR Rangebound Despite Strong UK GDP Data
GBP/EUR Trades in Narrow Range Despite Strong UK GDP Figures
The Pound Euro (GBP/EUR) exchange rate is mixed at the beginning of today’s session in spite of the UK’s latest GDP figures printing higher than expected.
At the time of writing, the GBP/EUR exchange rate is trading at approximately €1.1971, with...
* This article was originally published here
* This article was originally published here
Monday, February 14, 2022
Pound US Dollar Exchange Rate News: GBP/USD Falls amid UK Political Turbulence
GBP/USD Stumbles as UK Prime Minister Faces Further Pressure to Resign
The Pound US Dollar (GBP/USD) exchange rate is slipping today as the UK faces political uncertainty as well as a significant rise in the cost of living.
At the time of writing, the GBP/USD exchange rate is trading at approximately $1.3575,...
* This article was originally published here
* This article was originally published here
Sunday, February 13, 2022
Saturday, February 12, 2022
Pound US Dollar Exchange Rate News: GBP/USD Firms Ahead of US inflation Reading
GBP/USD Trading Higher Ahead of US Inflation Reading
The Pound US Dollar (GBP/USD) exchange rate is edging higher today as US investors remain cautious ahead of this afternoon’s inflation reading.
At the time of writing, the GBP/USD exchange rate is trading at approximately $1.3567, up roughly by 0.3% from...
* This article was originally published here
* This article was originally published here
Friday, February 11, 2022
Several Central Banks Left Rates Steady, But Fresh Price Data Fan Concern
The Reserve Bank of India‘s repo and reverse repo rates were left unchanged at 4.0% and 3.35%. A released statement explains, “The MPC notes that inflation is likely to moderate in H1:2022-23 and move closer to the target rate thereafter, providing room to remain accommodative” And adds “the ongoing domestic recovery is still incomplete and […]
* This article was originally published here
* This article was originally published here
Thursday, February 10, 2022
Sharp Rise in European 10-Year Sovereign Debt Yields
Ten-year sovereign debt yields posted daily jumps this Monday of 27 basis points in Greece, 12 basis points in Italy, 8 basis points in Spain and Portugal, 4 bps in France, 3 bps in Germany, 2 bps in the U.K. and just a single basis point to 1.92% in the United States. The 10-year Japanese […]
* This article was originally published here
* This article was originally published here
Wednesday, February 9, 2022
Softer Euro Against Dollar and Other European Currencies
The dollar rose 0.2% overnight in weighted terms and against the Japanese yen. Sterling and the Swiss franc nearly matched strides with the greenback, but the euro slid on some dovish remarks by ECB President Lagarde and lost 0.4% against the U.S. currency. Lagarde maintained that medium-term inflation expectations remain aligned with the ECB target […]
* This article was originally published here
* This article was originally published here
Tuesday, February 8, 2022
Monday, February 7, 2022
Central Bank of Brazil
Officials at the Central Bank of Brazil authorized a 150-basis point hike of their Selic interest rate to 10.75%. From a pandemic low of 2.0% prior to March 2021, there have been eight increases totaling 875 basis points. Brazilian CPI inflation accelerated from 4.6% in January 2021 to just over 10% currently and way above […]
* This article was originally published here
* This article was originally published here
Sunday, February 6, 2022
Saturday, February 5, 2022
January 2022 in Figures
High global inflation dominated the past month. Central bank interest rates were raised in January in several countries, including Poland, Peru, Romania, South Korea, Ukraine, Sri Lanka, Kazakhstan, Chile, Hungary and South Africa, and markets anticipated that top-tier monetary authorities like those covered in the table below will be following suit. The Bank of England […]
* This article was originally published here
* This article was originally published here
Friday, February 4, 2022
Thursday, February 3, 2022
Pound Euro Exchange Rate News: GBP/EUR Rangebound as Eurozone’s Inflation Overshoots Forecast
GBP/EUR Muted as Eurozone Inflation Increases
The Pound Euro (GBP/EUR) exchange rate is trading in a narrow range today, in response to Eurozone’s inflation rising higher than predicted.
At the time of writing, the GBP/EUR exchange rate is trading at approximately €1.1986, with minimal market movement from...
* This article was originally published here
* This article was originally published here
Wednesday, February 2, 2022
Pound Euro Exchange Rate News: GBP/EUR Trades at 22-Month High amid UK Economic Optimism
GBP/EUR Mixed as Omicron Case Numbers Increase
The Pound to Euro (GBP/EUR) exchange rate is muted in the beginning of today’s session, buoyed by new optimism from GBP investors despite increasing case numbers of Omicron.
At the time of writing, the GBP/EUR exchange rate is trading at approximately €1.1924, with...
* This article was originally published here
* This article was originally published here
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