Search Results for: Pound
Early traders review: Euro to Dollar rose, Pound to Dollar slid; Asian stocks declined
September 3rd, 2018
Asian stocks declined, while the dollar held on to its recent rally as investors assessed the outlook for trade and whether turmoil in some emerging markets can be contained. The pound retreated as the chief European negotiator on Brexit ...
Euro Pound Sterling (EUR/GBP) exchange rate looks for boost from steady inflation data
August 31st, 2018
Ahead of August’s German and Eurozone consumer price index data the Euro to Pound Sterling (EUR/GBP) exchange rate remained under pressure. However, as forecasts point towards the headline inflation rate remaining steady on the year this could offer the ...
Euro to Pound exchange rate strengthens following bolstered balance of trade
August 17th, 2018
The Euro Pound (EUR/GBP) exchange rate is trading at its highest level this week after the EU released the Eurozone’s latest balance of trade data. The figure came in at €22.5bn, lengthening the previous surplus of €16.5bn and beating ...
Early Stocks Review: European stocks mixed; British Pound remained under pressure against the Dollar
August 10th, 2018
European stocks hovered around the flatline on Thursday amid a deepening U.S.-China trade dispute and a flurry of corporate earnings. The pan-European Stoxx 600 was flat with almost every sector in the red. Oil and gas stocks were among ...
Euro to British Pound exchange rate continues to climb despite slowing German trade
August 8th, 2018
Tuesday saw the publication of most of this week’s most notable Eurozone ecostats, but they didn’t have a particularly influential effect on the direction of the Euro to British Pound (EUR/GBP) exchange rate. Instead, the Pound remains limp as ...
Pound frail on worries over no-deal Brexit, dollar steady
August 7th, 2018
The pound stayed fragile on Tuesday after falling to an 11-month low against the dollar overnight on worries over a ‘hard’ Brexit from the European Union, while simmering U.S.-China trade tensions provided support to the greenback. Comments from officials ...
BoE hikes UK interest rate hike but Pound exchange rates whipsaw
August 3rd, 2018
In spite of Bank of England (BoE) policymakers voting unanimously to raise interest rates the GBP/EUR exchange rates whipsawed, ultimately ending lower at around £/€1.1224. Although the Pound initially rallied in response to the rate hike this strength proved ...
Pound to Euro exchange rate dips on UK consumer confidence disappointment
August 1st, 2018
On Monday, the Pound to Euro exchange rate opened in the region of €1.1244 and closed down lower around €1.1219. This deterioration in the value of the Pound was mainly caused by Eurozone economic data, which supported the single ...
Asian stocks fell, British pound rose; Key financial events coming up this week
July 16th, 2018
Asian stocks fell as mixed economic data in China failed to allay concern about the world’s second largest economy’s ability to the withstand the impact of the trade dispute. Crude slid and the yen traded near the weakest level ...
Asian stocks halt four weeks of losses, Pound drops; Here are the main market moves
July 13th, 2018
Asian stocks headed for their first weekly advance in five as trade tensions appeared to ease after China refrained from detailing retaliation plans against threatened U.S. tariff increases. The pound slipped on the latest woes from the Brexit quagmire. ...
