Currency News: UK Daily Forex News, Exchange Rate Forecast, …
WEBThe Pound Euro (GBP/EUR) exchange rate moved without a clear direction on Monday despite a prevailing risk-off market mood. At the time of writing GBP/EUR was trading at €1.1841, virtually unchanged from Monday’s opening rate. The Pound (GBP) experienced a slight decline on Monday amidst a globally cautious trading atmosphere.
Currency News: UK daily forex news and forecasts
WEBThe Pound US Dollar (GBP/USD) exchange rate climbed higher on Wednesday, driven by disappointing US employment data. At the time of writing, GBP/USD was trading around $1.3156, marking an approximate 0.3% increase from the day’s opening levels. The US Dollar (USD) slumped on Wednesday following the release of a weaker-than-expected …
Daily Currency Updates | Currency News UK
WEBDec 20, 2023 · STORY LINK Euro to Dollar Rate: EURUSD Retreats as Fed’s Powell Maintains Hawkish Stance. Hawkish Fed rhetoric pulled the Euro (EUR) lower against the US Dollar (USD) on Thursday and CIBC expects the currency pair will weaken further to 1.03 at the end of 2023. At the time of writing, the Euro to Dollar exchange rate …
Pound Euro Exchange Rate News: GBP/EUR Firms as UK Inflation …
WEB14 hours ago · STORY LINK Pound Euro Exchange Rate News: GBP/EUR Firms as UK Inflation Remains Elevated. The Pound to Euro (GBP/EUR) exchange rate rebounded on Wednesday, as markets digested the UK’s latest consumer price index. At the time of writing, GBP/EUR was hovering around €1.1872, marking a roughly 0.3% increase from …
Euro to Pound Exchange Rate Forecast: EUR/GBP Firm Ahead of …
WEB1 day ago · The Pound to Euro (GBP/EUR) exchange rate secured a net gain to 1.1870 on Tuesday and close to 10-day highs. Weak German data hampered the Euro while expectations of no change in Bank of England interest rates this week supported the Pound. Equities have also made headway over the past 24 hours with ...
UK inflation Data Sparks Pound to Dollar Exchange Rate Gains
WEB14 hours ago · The Pound US Dollar (GBP/USD) exchange ticked up on Wednesday following the publication of the UK’s latest inflation data. At the time of writing, GBP/USD was trading at approximately $1.3214 up roughly 0.4% from the start of Wednesday’s session. The pound (GBP) strengthened against most of its rivals on Wednesday, …
Transatlantic Interest Rate Debate Dominates the Pound, GBP/USD …
WEB14 hours ago · September 19, 2024 - Written by David Woodsmith. STORY LINK Transatlantic Interest Rate Debate Dominates the Pound, GBP/USD Jumps. The British Pound (GBP) posted gains after the latest UK inflation data with a Bank of England rate cuts seen as even less likely this week. The Pound to Dollar (GBP/USD) exchange rate …
Currency Predictions | Currency News UK
WEB20 Dec 2023 at 5 PM - Written by Frank Davies. STORY LINK Euro to Dollar Outlook 2024: HSBC Now Predicts Above 1.10. The Euro to Dollar exchange rate (EUR/USD) has been held below 1.10, but found support below 1.0900 on Monday and advanced to 1.0935 on Tuesday with relatively narrow ranges prevailing.
Pound Dollar forecast - GBP USD - Currency News
WEBSep 8, 2024 · Bank of America (BoA) forecasters expect that the Pound to Dollar (GBP/USD) exchange rate will strengthen to 1.35 at the end of 2024 with further gains to 1.41 at the end of next year. According to BoA, GBP/USD has rallied through resistance from its long-term downtrend twice this summer implying a trend change.”.
Pound Euro forecast - GBP EUR - Currency News
WEBSep 6, 2024 · The Pound to Euro (GBP/EUR) exchange rate has continued to recover from 3-month lows below 1.1600 and traded near 1.1690 on Monday. The latest COT data, released by the CFTC, recorded a further sharp decline in long, non-commercial Pound positions to below 75,000 contracts from 111,000 the previous week and close to a 50% …