The Pound Canadian Dollar (GBP/CAD) exchange rate narrowed on Wednesday, as the UK’s cost-of-living crisis continued to ...
NatWest notes that the dollar is close to multi-decade highs on estimates of long-term valuation. In this context, the bank ...
Pound Sterling posted significant losses on Monday as global risk appetite was notably more fragile with a setback led by ...
On the other hand, the currency pair saw its gains capped by dovish comments from Bank of England (BoE) policymaker Huw Pill.
At time of writing the GBP/USD exchange rate traded around $1.2003, relatively unchanged from the morning’s opening levels.
At time of writing the GBP/EUR exchange rate traded at around €1.1594. Up roughly 0.3% from Tuesday’s opening levels. The ...
The Australian Dollar (AUD) enjoyed strong gains against all major peers on Tuesday, as the ‘Aussie’s nature as a Chinese ...
The focus will quickly turn to monetary policy with key comments from Federal Reserve Chair Powell due after the European close. Markets expect that the Fed will slow the pace of rate hikes to 50 ...
At time of writing the EUR/USD exchange rate was at around $1.0341, which was virtually unchanged from that morning’s opening figures. The Euro (EUR) slipped on Tuesday. The single currency suffered ...
Lagarde warned of “upside risks” to inflation in a speech on Monday. Yet, Tuesday’s data showed inflation slowing in both Spain and German. The Euro is underperforming as markets adjust to the ...
The Euro US Dollar (EUR/USD) exchange rate soared as US recession fears overshadow a downbeat market sentiment amid mass ...
Foreign exchange analysts at MUFG consider that the dollar may have seen peak levels in global markets but, according to the ...