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Pound Exchange Rate Sinks with No Further Interest Rate Hikes in Sight
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Pound Exchange Rate Sinks with No Further Interest Rate Hikes in Sight

The Pound Sterling exchange rate fell across the board on Thursday after the Bank of England (BoE) decided to raise rates from 0.50% to 0.75%. The Pound to Euro (GBP/EUR) and Pound to US Dollar (GBP/USD) exchange rates sank as markets expected a delay between an additional interest rate increase. Can BoE Justify Interest Rate...

GBP/USD, GBP/CAD Forecast: Pound Awaits Manufacturing Data, Fed Rate Decision, Canadian Manufacturing Ahead
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GBP/USD, GBP/CAD Forecast: Pound Awaits Manufacturing Data, Fed Rate Decision, Canadian Manufacturing Ahead

The Pound exchange rate has been in a tight range with the US Dollar (GBP/USD) and Canadian Dollar (GBP/CAD) so far on Wednesday, while jumping higher against the Turkish Lira (GBP/TRY) as markets await a busy day of data. UK Manufacturing Forecast to Fall – Pound Tentative The biggest ecostat for the Pound today is...

Pound Exchange Rate Forecast: GBP/EUR, GBP/USD in Tight Range – BoE, Weekly Earnings, Vote Leave in Focus
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Pound Exchange Rate Forecast: GBP/EUR, GBP/USD in Tight Range – BoE, Weekly Earnings, Vote Leave in Focus

The Pound (GBP) exchange rate is reacting to news headlines this morning, currently trending in a tight range against the Euro (GBP/EUR) and US Dollar (GBP/USD) after central bank, economic, and political developments have all taken place. The Pound to Euro (GBP/EUR) exchange rate is trading between interbank highs of 1.1307 and lows of 1.1281...

GBP/USD, GBP/EUR in Tight Range as Markets Digest BoE Survey and Tariffs; GBP/TRY Sinks, GBP/JPY Climbs
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GBP/USD, GBP/EUR in Tight Range as Markets Digest BoE Survey and Tariffs; GBP/TRY Sinks, GBP/JPY Climbs

The Pound remained in a tight range against both the Euro (GBP/EUR) and US Dollar (GBP/USD) exchange rates on Thursday morning, while falling against the recovering Turkish Lira (GBP/TRY) and climbing against the Japanese Yen (GBP/JPY).¬† Trump’s Trade War Causes Currency Market Investors to Tread Carefully Trade war worries continue to ripple through the market...