Articles Archive for June 2018
Currencies, French News, sterling »
It was another week of volatility for currencies last week, with the pound showing some movement in the wake of the rate decision form the Bank of England
Currencies, French News, sterling »
Pound exchange rate rises across the board following hawkish shift in the BoE The pound punched higher during yesterday’s session as investors flocked to the currency in the wake of the Bank of England’s (BoE) latest policy meeting. Sterling appears to be consolidating its gains this morning, with GBP/EUR trading narrowly at €1.1407, GBP/CAD [...]
Brexit, Currencies, French News, sterling »
Pound volatile on Brexit uncertainty, ECB speculation bolsters euro Trade in the pound was mixed during last week’s session as some upbeat UK economic data was met by growing Brexit uncertainty. Sterling continues to struggle this week as well, with GBP/EUR tumbling to €1.1367 and GBP/USD sliding to US$1.3406. Looking ahead, the Federal Reserve and [...]