Currency Converter

Currency Converter



Wednesday, January 31, 2024

Pound to Euro Rate Hovers Around 1.172 - GBP/EUR News

The Pound to Euro exchange rate briefly moved above the 1.1700 level after the stronger-than-expected business confidence data on Wednesday, but failed to sustain the gains...

* This article was originally published here

Monday, January 29, 2024

Next Week’s Menu: January 20 – 26, 2024

Central Banks: The 2024 calendar of monetary policy reviews finally heats up with planned interest rate decisions in China, Japan, Canada, South Africa, Turkey, Ukraine, Malaysia, Norway, and Kyrgyzstan. Minutes from the last Bank of Japan Board meeting, the Bank of Canada’s quarterly Monetary Policy Report, and the Bank of Japan’s quarterly Outlook for Economic […]

* This article was originally published here

Saturday, January 27, 2024

Pound to Euro Rate Tipped to Slip to 1.11 in Next Twelve Months

GBP/EUR: Second Thoughts on BoE Policy SocGen expects that the Pound to Euro (GBP/EUR) exchange rate will weaken to near 1.11 on a 12-month...

* This article was originally published here

Friday, January 26, 2024

GBP/CAD Outlook: Pound Sterling Tests One-Month Best Against Canadian Dollar

The Canadian dollar (CAD) was undermined by a weaker Bank of Canada (BoC) survey on Monday with businesses reporting increased recession risks. The Pound to Dollar (GBP/CAD) exchange rate strengthened to 1-month highs at 1.7120 before settling just above 1.7100. The US Dollar to Canadian dollar (USD/CAD) Exchange rate advanced to near...

* This article was originally published here

Monday, January 22, 2024

Pound to Dollar 2024 Forecast Ranges: 1.18 or 1.30 by End of Year?

HSBC forecasts that the Pound to Dollar exchange rate will slide to 1.18 at the end of 2024. NatWest, however, expects a limited net gain for GBP/USD to...

* This article was originally published here

Saturday, January 20, 2024

Half Percentage Point Cut in Kazakhstan’s Central Bank Interest Rate

The National Bank of Kazakhstan’s base rate has been lowered for the fourth time since last July. The 50-basis point decline to 15.25% brings the cumulative drop so far to 150 basis points and has been justified by the deceleration of consumer price inflation to 9.8% in December from 21.3% ten months earlier. According to […]

* This article was originally published here

Saturday, January 13, 2024

GBP/EUR Exchange Rate Finds Support at 1.16

The Pound to Euro (GBP/EUR) exchange rate dipped from 1.1630 to 1.1600 on Wednesday following comments by ECB council member Schnabel. GBP/EUR did find support at...

* This article was originally published here

Friday, January 12, 2024

Pound Sterling's 2024 Momentum vs Euro, Dollar Stalls on UK Data

The Pound has gained ground in 2024 on the basis of stronger-than-expected UK data and an easing of immediate recession fears. The data has also bolstered expectations...

* This article was originally published here

Sunday, January 7, 2024

US Dollar Weakness Outweighs Pound Sterling Selling Interest

The US Dollar and Pound both struggled on Thursday, primarily under the weight of interest rate expectations. Markets remained convinced that the Federal Reserve...

* This article was originally published here

Thursday, January 4, 2024

Pound to Euro Outlook: Scope to 1.1630 say ING Analysts

The Pound to Euro (GBP/EUR) exchange rate posted net gains on Wednesday with a test of the 1.1600 level and corrections were very limited. The latest UK data releases...

* This article was originally published here