Pound US Dollar Exchange Rate Edges Higher Ahead of Fed Monetary Policy...
GBP/USD Exchange Rate Rises as Demand Slips for Safe-Haven ‘Greenback’ The Pound US Dollar exchange rate rose today ahead of the Federal Reserve’s latest monetary policy report. The pairing is...
View ArticlePound Canadian Dollar Exchange Rate Edges Higher as Strong US Dollar...
GBP/CAD Exchange Rate Rises Despite Multi-Year High Oil Prices The Pound Canadian Dollar exchange rate rose today as the ‘Loonie’ is suffering as a result of US Dollar strength following a hawkish US...
View ArticlePound Euro Exchange Rate Edges Higher Despite the Eurozone’s...
GBP/EUR Exchange Rate Rises on Mixed Messages from ECB The Pound Euro exchange rate rose by 0.3% today following dovish comments from the European Central Bank’s (ECB) President Christine Lagarde. The...
View ArticlePound Australian Dollar (GBP/AUD) Exchange Rate Edges Higher as Australian...
GBP/AUD Exchange Rate Sinks Ahead of US Fed Testimony The Pound Australian Dollar exchange rate rose today following the publication of the latest preliminary Australian retail sales data for May,...
View ArticlePound Australian Dollar Exchange Rate Strengthens on Flash Markit PMI Data
The Pound Australian Dollar exchange rate has strengthened since markets opened this morning as UK PMI’s pointed towards a sustained growth in the economy. At the time of writing the GBP/AUD pairing...
View ArticlePound US Dollar (GBP/USD) Exchange Rate Edges Higher as US Treasury Yields Dip
GBP/USD Exchange Rate Rises on Hawkish Fed Comments The Pound US Dollar (GBP/USD) exchange rate edged higher today after the US Dollar’s (USD) gains were undermined by a dip in US Treasury yields. The...
View ArticlePound Japanese Yen Exchange Rate Rangebound as Markets Await BoE Interest...
The Pound Japanese Yen (GBP/JPY) exchange rate has been rangebound since markets opened this morning as investors await the latest interest rate decision from the Bank of England (BoE) later in the...
View ArticleGBP/USD Exchange Rate to Take Cue from Bank of England’s (BoE) Interest Rate...
GBP/USD Holds Steady Ahead of Bank of England’s Decision Today The Pound US Dollar (GBP/USD) exchange rate is holding steady ahead of the Bank of England’s (BoE) interest rate decision later today....
View ArticleGBP/CAD Exchange Rate Faces Additional Pressure as Oil Prices Rise
GBP/CAD Exchange Rate Weakens as Crude Prices Strengthen The Pound (GBP) fell against the Canadian Dollar (CAD) this morning amidst a rise in oil prices. Crude oil, one of Canada’s major exports,...
View ArticlePound US Dollar Exchange Rate Weakens on BoE Commentary
Following the Bank of England’s (BoE) interest rate decision yesterday afternoon the Pound has struggled to find any support heading into the weekend. The Pound US Dollar (GBP/USD) is currently...
View ArticleGBP/USD Exchange Rate Capped by Monetary Policy, COVID Concerns
GBP/USD Exchange Rate Drops Down as Today’s Session Opens Today’s GBP/USD exchange rate dropped low in favour of the US Dollar (USD) as risk-on traders are discouraged by the spread of the Covid Delta...
View ArticlePound Japanese Yen (GBP/JPY) Exchange Rate Weakens on UK Economic Woes
The Pound Japanese Yen (GBP/JPY) exchange rate had edged lower since markets opened this morning after figures confirmed the UK’s economy contracted during the first quarter of 2021. The GBP/JPY...
View ArticleGBP/USD Exchange Rate: Will Overinflation Fears See the Pound Fall Further?
GBP/USD Exchange Rate Tumbles to 11-Week Low The Pound US Dollar (GBP/USD) exchange rate has been sliding this morning, as yesterday’s UK GDP growth figures showed a slightly larger-than-expected...
View ArticleGBP/AUD Exchange Rate to Favour Pound as RBA to Maintain Dovish Stance?
GBP/AUD Exchange Rate Set to Rise on Weak Aussie Sentiment? Analysts are attributing the rise in Pound Australian Dollar (GBP/AUD) performance to a dovish outlook from Australia’s central bank, the...
View ArticlePound Euro Exchange Rate Rises ahead of UK PM Boris Johnson’s Lockdown...
GBP/EUR Exchange Rate Edges Higher as Optimism in the UK Economy Rises The Pound Euro (GBP/EUR) exchange rate rose by 0.5% today. Demand for Sterling has grown as Prime Minister Boris Johnson prepares...
View ArticlePound US Dollar (GBP/USD) Exchange Rate to Slide Over Covid and Brexit Worries?
Pound US Dollar Exchange Rate Set to Weaken Amid Brexit and Coronavirus Concerns? The Pound US Dollar (GBP/USD) currency pairing is expected to dip going forwards, as ongoing Covid concerns add to...
View ArticlePound US Dollar Exchange Rate Rangebound as UK House Prices Fall for First...
GBP/USD Exchange Rate Steady Despite Growing Confidence in UK Economy The Pound US Dollar exchange rate held steady this morning following the release of the latest UK house prices data for June....
View ArticlePound Euro (GBP/EUR) Exchange Rate to Ride High on Lacklustre Eurozone Data?
GBP/EUR Exchange Rate Favours Pound as Eurozone Data Disappoints, UK Gears Up for ‘Freedom Day’ The GBP/EUR exchange rate continues to see the Pound rise against the Euro as GBP bullishness over...
View ArticlePound US Dollar (GBP/USD) Exchange Rate Retreats in Risk-Off Trade
GBP/USD Exchange Rate to Stay Low as Pound Demand Slides? The Pound US Dollar (GBP/USD) exchange rate retreats back to last week’s levels this morning, as GBP optimism turns to concern over dramatic...
View ArticlePound US Dollar Exchange Rate Edging Higher Despite Softening UK GDP
The Pound US Dollar (GBP/USD) exchange rate has edged higher since markets opened this morning despite a softening in the UK’s economic growth during May. At the time of writing the GBP/USD pairing...
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