News

Pound Remains Strong Against the Euro as BoE Signals Likelihood of Additional Hikes

Some analysts anticipate future gains for the British pound in the aftermath of the Bank of England's most recent interest…

2 years ago

Market Awaits Bank of England’s Interest Rate Decision

Recent statistics support arguments that UK inflation and its core determinants are cooling down, but economists and market participants remain…

2 years ago

Pound Strengthens Against Canadian Dollar on Moderate UK Economic Data

In spite of Canada having a respectable employment report for February, the exchange rate for the British pound to the…

2 years ago

Robust US ISM Report Strengthens Greenback Against Pound

A crucial poll of the U.S. economy arrived in better than anticipated, causing the Dollar to recover prior to the…

2 years ago

South African Rand Weakens on FATF Greylisting

In unfavorable global market scenarios preceding the weekend and in response to a "greylisting" judgment by the Financial Action Task…

2 years ago

Pound Loses Momentum as BoE Hints Smaller Rate Hikes

The Bank of England (BoE) risks going overboard if it keeps raising the Bank Rate as rapidly as it has…

2 years ago

Canadian Dollar Strengthens on Overwhelmingly Positive Canadian Jobs Data

GBP/CAD declined as a result of Statistics Canada's announcement of a substantial rise in the labor force for January, which…

2 years ago

US Dollar Strengthens Against Pound on Solid Employment Data

Following the announcement of unexpectedly robust US data, the British Pound came under substantial pressure versus the Euro and the…

2 years ago

Pound Sterling Tipped to Remain Supported by Credit Suisse Analyst

Analysts at Credit Suisse predict that the British Pound will stay reasonably well maintained versus the Euro and Dollar in…

2 years ago

Euro Signals Rebound as Market Expects Fed Rate Cut in Mid-2023

As per the recent study, the Federal Reserve is on track to reduce interest rates as soon as the middle…

2 years ago