PMIs in the EU dropped further, with Services joining Manufacturing in contraction territory. The euro dropped sharply. EURUSD was down –1.35% and tested 1.035. One hope for the euro is that PMIs are ...

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The Pound US Dollar exchange rate treaded water on Thursday despite the UK’s latest borrowing figures outpacing estimates. At the time of writing, GBP/USD was trading at approximately $1.2641, ...

The stronger than expected UK inflation data strengthened the Pound on Wednesday with the Pound to Euro (GBP/EUR) exchange rate edging back above the 1.2000 level from 1.1980 as markets priced out the ...

The Pound to Dollar (GBP/USD) exchange rate has been unable to make headway and drifted to 1.2625 on Thursday, close to 6-month lows just below 1.2600. Overall risk conditions are less benign amid ...

The Pound Euro (GBP/EUR) exchange rate edged up on Wednesday following the publication of the UK’s latest consumer price index (CPI). At the time of writing, the GBP/EUR was trading at around €1.2007, ...

The Pound Euro (GBP/EUR) exchange rate wavered sideways on Thursday as rising UK borrowing costs and flaring tensions in the Russia-Ukraine war weighed on both currencies. The Pound (GBP) declined on ...

The Pound to US Dollar (GBP/USD) exchange rate traded in a tight range on Wednesday as stronger-than-expected UK inflation data balanced out broader market risk aversion. At the time of writing, ...

BoE in Wait and See Mode, GBP/USD Trapped Near 6-Month Lows Ahead of Inflation Data The Pound to Dollar (GBP/USD) exchange rate has managed to hold above 6-month lows just below 1.2600 recorded late ...

The Pound to Euro (GBP/EUR) exchange rate moved within a narrow range on Tuesday as investors reviewed the latest UK unemployment figures and Germany’s economic sentiment index. The Pound (GBP) found ...