US Dollar (USD) Undermined by Debt Limit Fears
The US Dollar (USD) traded sideways on Monday amid a lack of economic data. External factors appeared to influence the âGreenbackâ as geo-politics and the ongoing debt limit negotiations concerned investors.
President Joe Biden reported that relations between the...
* This article was originally published here
Wednesday, May 31, 2023
Tuesday, May 30, 2023
Monday, May 29, 2023
Sunday, May 28, 2023
Saturday, May 27, 2023
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Thursday, May 25, 2023
Wednesday, May 24, 2023
Pound Euro Exchange Rate News: GBP/EUR Climbed as BoE Hikes Rates to Highest Level Since 2008
Pound (GBP) Rallied as BoE Hikes Cash Rate to Highest Level since 2008
The Pound (GBP) firmed on Thursday as the Bank of England (BoE) continued their battle against inflation as they raised the interest rate to its highest level in 15 years.
The central bank met expectations and raised the interest rate for the...
* This article was originally published here
* This article was originally published here
Tuesday, May 23, 2023
Monday, May 22, 2023
Sunday, May 21, 2023
Saturday, May 20, 2023
Friday, May 19, 2023
Pound US Dollar Exchange Rate News: GBP/USD Climbed as Markets Brace for Fed Interest Rate Decision
US Dollar (USD) Undermined by Expectations of Final Rate Hike
The US Dollar (USD) struggled for demand, despite expectations of a 25bps interest rate hike at the Federal Reserve policy meeting late on Wednesday. But with many believing it to be the final rate hike before a pause, the âGreenbackâ lost demand. Jim...
* This article was originally published here
* This article was originally published here
Thursday, May 18, 2023
Pound US Dollar (GBP/USD) Exchange Rate Fluctuates as US Data Points to Stubbornly High Inflation
Pound US Dollar (GBP/USD) Exchange Rate Changeable amid...
* This article was originally published here
* This article was originally published here
Tuesday, May 16, 2023
Monday, May 15, 2023
Pound Euro (GBP/EUR) Exchange Rate Falls amid Sharp Retail Sales Drop
Pound Euro (GBP/EUR) Exchange Rate Falls amid Sharp Retail Sales Drop
The Pound Euro (GBP/EUR) exchange rate weakened on Friday, as a sharp drop in UK retail sales weighed on GBP investors.
At the time of writing, GBP/EUR traded at around â¬1.1304, a decline of roughly 0.4% from Fridayâs opening...
* This article was originally published here
* This article was originally published here
Sunday, May 14, 2023
Saturday, May 13, 2023
Friday, May 12, 2023
Pound Euro (GBP/EUR) Exchange Rate Climbs as German Growth Stagnates
Pound Euro (GBP/EUR) Exchange Rate Pushed Higher as Eurozone...
* This article was originally published here
* This article was originally published here
Thursday, May 11, 2023
Pound US Dollar Exchange Rate News: GBP/USD Rangebound Ahead of US Inflation Data
US Dollar (USD) Choppy Ahead of Crucial Inflation Data
The US Dollar (USD) endured mixed trading conditions on Wednesday as investors move to the sidelines in anticipation of key headline CPI data.
With inflation set to remain unchanged at 5% after nine consecutive months of cooling CPI readings, a...
* This article was originally published here
* This article was originally published here
Wednesday, May 10, 2023
Tuesday, May 9, 2023
Pound US Dollar Exchange Rate News: GBP/USD Firmed as US Data Disappoints
US Dollar (USD) Soured amid Downbeat Economic Data
The US Dollar (USD) struggled for demand despite a cautious market mood. Another run of poor economic data disappointed, potentially curbing further interest rate hike bets from the Federal reserve. Preventing further losses are the maintained hawkish rhetoric from Fed...
* This article was originally published here
* This article was originally published here
Monday, May 8, 2023
ECB Interest Rate Increased by 25 Basis Points
The Governing Council of the European Central Bank has hiked its repo, deposit, and marginal lending facility rates by 25 basis points each to 3.75%, 3.25%, and 4.0%. Today’s action represents a further reduction of incremental tightening after a trio of 50-bp hikes in December, February and March and before that hikes of 50 bps […]
* This article was originally published here
* This article was originally published here
Sunday, May 7, 2023
Saturday, May 6, 2023
Friday, May 5, 2023
Thursday, May 4, 2023
Wednesday, May 3, 2023
Tuesday, May 2, 2023
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