Despite anticipation for a better outlook for the US economy under the upcoming Joe Biden administration, the British Pound to US Dollar (GBP/USD) exchange rate has still been advancing today. Investors bought the Pound in reaction to this morning’s better than expected UK inflation data, combined with hopes that Britain’s coronavirus...
* This article was originally published here
Wednesday, January 20, 2021
Tuesday, January 19, 2021
Pound Euro Exchange Rate Loses Ground as German Economic Sentiment Jumps
Pound Euro Exchange Rate Under Pressure as German Economic Sentiment Strengthens
A better-than-expected uptick in the German ZEW economic sentiment index saw the Pound to Euro (GBP/EUR) exchange rate trending lower.
While forecasts had pointed towards a reading of 60 the index instead clocked in at 61.8, suggesting...
* This article was originally published here
* This article was originally published here
Monday, January 18, 2021
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