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The Pound Sterling declined versus the majority of its most traded currency rivals on Monday after Bank of England (BoE) Chief Economist Andy Haldane made dovish comments. Haldane suggested that a benchmark rate increase…
The Pound softened on Monday in response to a combination of mostly negative domestic data results and trader profit-buying. The recent Sterling surge, thanks to a succession of positive ecostats and increased bets as to…
Despite the fact that the past week has seen several unscheduled meetings to attempt to secure a deal for Greece to unlock bailout funds, there has been seemingly no progress made. The division between Greece and its…
As traders await news from the European Union finance ministers’ summit today, the Pound is generally trending statically versus most of its peers. A slight depreciation can be linked to the Confederation of British…
The Pound Sterling to Japanese Yen (GBP/JPY) exchange rate is currently trending in the region of 195.2100. The Pound Sterling appreciated versus many of its peers on Wednesday morning following hawkish comments from…
After having advanced considerably last week in response to sanguine domestic data, the Pound is holding relatively steady on Monday. The spate of positive data results, with particular reference to accelerated wage…
The Pound Sterling to Indian Rupee (GBP/INR) exchange rate softened by around -0.31% on Friday afternoon. After British data produced reasonably positive results on Friday, the Pound strengthened versus many of its…
The Swiss Franc strengthened versus many of its rivals on Thursday after the Swiss National Bank (SNB) kept the record-low cash rate of -0.75% on hold. The appreciation has been somewhat sluggish, however, after the…
The Pound Sterling to New Zealand Dollar (GBP/NZD) exchange rate rallied by around 1.32% on Wednesday. After British economic data produced positive results, the Pound rallied against its major peers. April’s Average…
The Brazilian Real softened versus most of its major peers on Tuesday after retail sales in April declined. On an annual basis, Retail Sales dropped by -3.5%; a much larger declination than the -1.6% markets anticipated.…
The shared currency is holding relatively steady versus most of its major peers on Monday despite continued anxieties regarding a Greek exit from the Eurozone. A fractional uptrend can be attributed to positive results…
The Pound strengthened versus many of its rivals despite a slowdown in April’s Construction Output. On the month, Construction Output declined by -0.8%; failing to meet with the median market forecast 0.1% increase.…
Wednesday saw the US Dollar dive versus its major rivals after the recent bullish run opened up some attractive selling positions. The spate of trader profit-locking saw the US Dollar depreciate even after domestic data…
Although Egyptian Urban Consumer Prices and Core Consumer Prices spiked on Wednesday, the Egyptian Pound softened versus many of its major peers. The depreciation can be linked to geopolitical upheaval after news that a…
The Pound Sterling to Swiss Franc (GBP/CHF) exchange rate was trending within a limited range on Tuesday afternoon. In the early stages of Tuesday’s European session, the Pound slumped in response to a report of job cuts…
The Pound Sterling to Turkish Lira (GBP/TRY) exchange rate climbed by over 3.0% on Monday afternoon. After a report from the Confederation of British Industry (CBI) slashed UK growth expectations, the Pound softened…
The Pound Sterling to Chilean Peso (GBP/CLP) exchange rate rallied on Friday afternoon. The Pound strengthened on Friday afternoon after a report from the Bank of England (BoE) showed British consumers upwardly revised…
After the Bank of England (BoE) opted to hold the cash rate, a decision most economists predicted, the Pound advanced versus many of its peers. The appreciation can be linked to traders accepting that the BoE…
The Australian Dollar has seen a few days of solid appreciation after the Reserve Bank of Australia (RBA) opted to hold rates in the face of ‘Aussie’ (AUD) overvaluation. Wednesday’s Australasian session saw the Oceanic…
The Pound Sterling to Thai Baht (GBP/THB) exchange rate advanced by around 0.68% on Tuesday afternoon. In response to mostly positive results from domestic data publications, the British asset strengthened versus many of…
