Trade in the Pound (GBP) was mixed on Wednesday as the potential economic fallout from the conflict in the Middle East continued to ripple through markets. Particular attention has been placed on ...
Despite the early pressure, the Euro later recovered some ground after stronger-than-expected economic data. The Eurozone’s ...
Broader market conditions could also play a role. Rabobank points out that the Yen has been widely used as a funding currency for carry trades during a period of low volatility and strong risk ...
The upbeat growth data, which saw quarterly output expand 0.8% and annual GDP hit its fastest rate in almost three years at 2 ...
Brent crude climbed above $81 per barrel on Tuesday morning amid the sharp rise in tensions in the Middle East and the ...
The bloc’s latest consumer price index showed inflation rising from 1.7% to 1.9%, instead of holding at 1.7%, while core inflation also unexpectedly rose from 2.2% to 2.4%.
While it fell sharply against the US Dollar, the Pound (GBP) was mostly subdued against its other peers on Tuesday after Chancellor Rachel Reeves delivered her Spring Statement.
The Pound to Euro (GBP/EUR) exchange rate is trading higher, with Sterling steadied by shifting rate expectations as ...
European markets are particularly vulnerable to the energy shock. EUR/USD is down more than 0.6% and trading just below 1.16, while the German DAX has dropped another 4%. At the heart of the currency ...
MUFG sees scope for further dollar gains in the near term as the dollar benefits from Middle East fears and this could push ...
The Reserve Bank of Australia (RBA) increased interest rates in February and, given recent inflation trends, HSBC sees scope for further rate hikes. The currency already has the second-highest level ...
SocGen expects further losses for the pair amid Pound fundamental vulnerability and a firm krone with a target of 12.10. SocGen considers that the UK economy remains stuck with below-potential growth ...