Wednesday, July 13, 2022

Pound Euro Exchange Rate News: GBP/EUR Softens Despite Economic Growth in the UK

Pound (GBP) Under Pressure from Growing Recession Fears Despite Strong GDP The Pound (GBP) is under renewed pressure today despite the surprising expansion of the UK economy in the month of May. The dark cloud of recession continues to linger, as worrying undertones to the GDP data reveal the gloomy economic outlook...

* This article was originally published here

Thursday, June 23, 2022

Investors Seeking a Floor

Bottom-fishing lifted share prices by 1.8% in Japan, Pakistan and India, 1.9% in Hong Kong, 2.4% in Taiwan, and 1.4% in Australia this Tuesday. Equities currently are up 1.2% in France and show a 0.7% rise in Italy, Germany, and Great Britain. U.S. stock futures have climbed around 1.7%. Mixed movement in the dollar saw […]

* This article was originally published here

Thursday, April 28, 2022

Pound Euro Exchange Rate News: GBP/EUR Climbs amid Fresh Concern over War in Ukraine

GBP/EUR Boosted as Ukraine Crisis Intensifies The Pound Euro (GBP/EUR) exchange rate is buoyed today in response to geopolitically-driven weakness in the single currency. At the time of writing, the GBP/EUR exchange rate is trading at approximately $1.1912, roughly up 0.4% from today’s opening levels....

* This article was originally published here

Wednesday, April 6, 2022

Pound US Dollar Exchange Rate News: GBP/USD Climbs amid Improved Risk Appetite

GBP/USD Boosted by Risk-On Sentiment The Pound US Dollar (GBP/USD) exchange rate is trading higher as peace talks between Russia and Ukraine progress, underpinning a risk-on mood. At the time of writing, the GBP/USD exchange rate is trading at approximately $1.3139, roughly up 0.3% from today’s opening...

* This article was originally published here