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The Pound to Australian Dollar exchange rate held steady today following the release of the latest UK factory output and orders data, which surged at its quickest rate since 1974. The pairing is currently fluctuating…
The Pound Euro exchange rate fell by -0.8% today as worker shortages and England’s rising unemployment crisis weighs on confidence in the nation’s economy. The pairing is currently fluctuating around €1.16. GBP suffered…
The Pound Euro exchange rate fell by -0.5% today after the Bank of England (BoE) released a surprisingly dovish statement about UK growth and inflation, which it said would likely be ‘temporary’. The pairing is currently…
The Pound Euro exchange rate rose today despite the latest Eurozone inflation gauge for May confirming forecasts and rising by 0.2%. The pairing is currently trading around €1.16. Analysts at Reuters commented: ‘A sharp…
The Pound Euro exchange rate held steady today ahead of the European Central Bank’s (ECB) interest rate decision, which is expected to remain at 0%. The pairing is currently trading around €1.15. The Euro failed to gain…
The Pound Euro exchange rate fell by -0.2% today as the Indian variant of Covid-19 has weakened confidence in the UK’s ability to recover its economy in the months ahead. The pairing is currently fluctuating around…
The Pound Australian Dollar exchange rate rose today following yesterday’s release of the latest Australian inflation gauge. The nation’s inflation figure rose less than expected, dampening confidence in Australia’s…
Despite Canadian Dollar weakness earlier in the week, the currency experienced a fresh surge in demand after yesterday’s Bank of Canada (BoC) policy decision and the British Pound to Canadian Dollar (GBP/CAD) exchange…
While the Pound struggled to mount much of a recovery against other major currencies this week, the Pound to US Dollar (GBP/USD) exchange rate has been gradually advancing. The Pound is benefitting from weakness in the…
The past week has seen both the Pound and US Dollar sold from their best levels, but the British Pound to US Dollar (GBP/USD) exchange rate is tumbling as the Pound was hit particularly hard by a shift in market…
