Currency Converter

Currency Converter



Saturday, November 30, 2024

Pound to Euro Exchange Rate Today: Subdued

The Pound Euro (GBP/EUR) exchange rate traded largely flat on Tuesday following the publication of the Eurozone’s latest inflationary data release. At the time of...

* This article was originally published here

Friday, November 29, 2024

A Better Financial Market Mood to Start Shortened Week

Markets liked Trump’s choice of Scott Bessent, a hedge fund manager, for the cabinet post of treasury secretary. Tangentially, there’s more confidence that the Fed will cut rates next month, and reports of a ceasefire agreement between Israel and Lebanon also helped the mood. The Russell 2000 hit a record high. The DOW is up […]

* This article was originally published here

Thursday, November 28, 2024

EUR to USD Exchange Rate Drops to 1.035 as EU PMIs Miss

PMIs in the EU dropped further, with Services joining Manufacturing in contraction territory. The euro dropped sharply. EURUSD was down –1.35% and tested 1.035....

* This article was originally published here

Sunday, November 24, 2024

Quiet Monday So Far Aside from Large Gains in Tesla and Crypto

The weighted DXY dollar index has ticked 0.1% higher due to a 0.7% rise against the yen but mitigated by marginal dips against the euro, Swissy, and sterling. DOW and SPX futures are little changed, while a 3% advance in Tesla and a 1% rise in Bitcoin reflect President-Elect Trump’s transactional approach to governance. Most […]

* This article was originally published here

Thursday, November 21, 2024

Bank of England in Wait and See Mode

BoE in Wait and See Mode, GBP/USD Trapped Near 6-Month Lows Ahead of Inflation Data The Pound to Dollar (GBP/USD) exchange rate has managed to hold above 6-month lows...

* This article was originally published here

Monday, November 18, 2024

Pound to Euro Rate "Steady" as UK Unemployment Climbs

The Pound to Euro (GBP/EUR) exchange rate moved within a narrow range on Tuesday as investors reviewed the latest UK unemployment figures and Germany’s economic...

* This article was originally published here

Sunday, November 10, 2024

Pound US Dollar Exchange Rate Edges Higher following UK PMI data

The Pound US Dollar exchange rate gained ground on Tuesday following the publication of the UK’s latest PMI data. At the time of writing, GBP/USD was trading at...

* This article was originally published here

Wednesday, November 6, 2024

Plenty of Anxiety to Go Around

Pick your poison: the two-fisted global punch of Covid followed by a spike in inflation, endless wars in the Middle East, climate change accelerating faster than predicted, confusion about where artificial intelligence is taking mankind, and America seemingly on the brink of crossing over to the dark side. There’s plenty of anxiety to go around, […]

* This article was originally published here

Sunday, November 3, 2024

Pound to US Dollar Exchange Rate Subdued following US Inflation Data

The Pound US Dollar exchange rate treaded water on Thursday following the publication of the latest US core PCE price index. At the time of writing, GBP/USD was...

* This article was originally published here

Friday, November 1, 2024

GBP/EUR Exchange Rate Strengthens as Eurozone PMIs Disappoint

The Pound to Euro (GBP/EUR) exchange rate traded with modest gains on Thursday morning, as markets digested the latest PMI releases from both the UK and Eurozone. At...

* This article was originally published here