Wednesday, March 6, 2024

February 2024 in Figures

February 2024 was another strong month for global equities and the dollar and a spectacularly good one for holders of Bitcoin. None of the major central banks in the table below changed their reference interest rates. Outside that group, central banks cut rates by a full percentage point in Hungary and by 50 basis points […]

* This article was originally published here

Tuesday, March 5, 2024

Pound Sterling Creeps Higher vs Dollar as US Yields Retreat

Thursday’s UK and US economic data releases failed to have a major impact, although slightly softer than expected US jobless claims data did trigger limited dollar...

* This article was originally published here

Monday, March 4, 2024

Euro to Pound Rate "Finds itself in a State of Flux": Danske

The latest UK data indicates that hopes for lower interest rates have underpinned a rebound in the housing sector and boosted business confidence. The Euro has held...

* This article was originally published here

Friday, March 1, 2024

Pound to Dollar Week Ahead Forecast: Ranges 1.18-1.131 in Twelve Months

ING analysts forecast the Pound to Dollar exchange rate (GBP/USD) will strengthen to 1.31 on a 12-month view as the dollar loses ground. Danske Bank, however,...

* This article was originally published here