Pound Sterling (GBP) is trading higher across the board on the first day of the new trading week but analysts have downgraded the currency's medium-term forecast. The near term outlook for the British pound (GBP) is hinged on the US Federal Reserve’s interest rate decision at their upcoming policy meeting and coronavirus developments...
Pound Sterling (GBP) recovers as global investor sentiment improves. A slowdown in the UK’s COVID case rate growth has also bolstered GBP exchange rates but vulnerability lingers, especially against the greenback. Technical charts point towards a bearish trend in the British pound to US dollar (GBP/USD) exchange rate with inflation concerns and Brexit tension raising concerns...
https://firstname.lastname@example.org://email@example.com 18:55:192021-07-22 18:55:19Pound Sterling’s in recovery mode but vulnerability lingers
The British pound to US dollar (GBP/USD) exchange rate and the British pound to euro (GBP/EUR) exchange rate have collapsed amid ongoing signs that the UK’s coronavirus situation is deteriorating. Confirmation that UK government borrowing declined has prevented sharp losses but persisting Brexit tensions could drag pound Sterling (GBP) exchange rates lower...
https://www.halofinancial.com/wp-content/uploads/2021/07/GBPEURfirstname.lastname@example.org://email@example.com 18:22:432021-07-21 18:22:43Pound Sterling pressured by UK’s worsening COVID situation
The European Central Bank (ECB) is set to launch a digital version of the euro (EUR) known as the e-euro. Keeping a close eye on the progress of cryptocurrencies such as Bitcoin, the ECB noted how the coronavirus pandemic had created a shift away from physical cash. The e-euro aims to launch within the next five years and looks to become a secure payment method across the Eurozone.
https://www.halofinancial.com/wp-content/uploads/2021/07/executium-5hcV51EeeWcfirstname.lastname@example.org://email@example.com 15:27:582021-07-15 15:59:55Digital currencies – ECB to launch the e-euro
A recent survey of Chief Financial Officers (CFOs) has revealed a shift in business focus, with companies focusing more on investment and growth instead of cost reduction measures. Although risks to the UK economy remain, most CFOs foresee solid growth thanks to COVID vaccine progress. However, inflationary pressures and concerns over easing lockdown restrictions prematurely are weighing on GBP...
https://www.halofinancial.com/wp-content/uploads/2021/07/UKfirstname.lastname@example.org://email@example.com 17:27:172021-07-13 17:27:54UK’s post-Brexit economy surging ahead of Freedom Day
UK International Trade Secretary Liz Truss has headed to the United States to meet with US counterpart Katherine Tai to secure a free UK/US trade deal. Ms Truss stated her aim during the US trip was to build on the progress the UK has already made on tackling discriminatory market practices between the two nations and improving overall global prosperity.
The fears of a double dip recession in the UK appear to be far behind us, with the UK economy growing at a more rapid pace than initially anticipated. The Bank of England (BoE) revised their predictions for UK GDP by 1.5% during June’s monetary policy meeting compared to the previous month. Meanwhile BoE chief economist Andy Haldane says UK inflation could rise to 4% by the end of 2021.
https://firstname.lastname@example.org://email@example.com 16:50:012021-07-02 16:51:21UK bounces back from double-dip recession fears
The British pound (GBP) has come under pressure against the US dollar (USD) during today’s trading session. Pound sterling is unlikely to experience the rapid gains seen during early 2021 against its major currency over the coming months but will hold steady. Meanwhile, the US dollar (USD) looks to continue to outperform its currency rivals following upbeat comments from the Federal Reserve.
https://www.halofinancial.com/wp-content/uploads/2021/06/sharon-mccutcheon-8lnbXtxFGZwfirstname.lastname@example.org://email@example.com 16:21:242021-06-29 16:21:24British pound under pressure against the US dollar
After a strong performance mid-week, pound Sterling (GBP) has slipped across the board. The UK currency has suffered the steepest losses against safe-haven currencies such as the Japanese yen (JPY), US dollar (USD) and euro (EUR), all of which are being supported by the shift in risk appetite ahead of the weekend...
https://www.halofinancial.com/wp-content/uploads/2021/06/UKfirstname.lastname@example.org://email@example.com 17:32:022021-06-18 17:32:02Pound Sterling tumbles following weak UK retail sales data
Pound Sterling heads lower in currency markets as the UK reports a spike in cases of the Indian COVID variant. Investors fear that the growing spread of the new COVID strain will delay the June 21st reopening timeframe and stall economic growth. However, the accelerating vaccine rollout is offering a glimmer of hope...
Pound Sterling (GBP) has experienced some back and forth trade this week due to concerns over travel, inflation and the Indian variant. Ahead of the weekend, GBP is rallying against the US dollar (USD), euro (EUR) and the Canadian dollar (CAD) but remains under pressure against the Australian and New Zealand dollars.
Risk-on assets such as pound Sterling are being supported by the upbeat mood in currency markets with global recovery well underway. the robust economic rebound in the United States has triggered fears that the US economy may be at risk of overheating, possibly marking the end of ...
https://www.halofinancial.com/wp-content/uploads/2021/04/Pound-Sterlingfirstname.lastname@example.org://email@example.com 15:53:532021-06-03 15:53:53Riskier currencies extend gains as global sentiment improves
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