GBP/EUR - Pound to Euro forecasts
GBP EUR Higher on Employment Market Boost
The GBP EUR exchange rate was 0.36% higher on Tuesday after jobs market figures were better than expected. For the first time ever, there are more job vacancies than people to fill them, and wages are also rising. Employment surged by 83k in the three months to...
GBP EUR Dips Ahead of UK Employment Figures
The GBP EUR exchange rate dropped -0.23% on Monday and will await today’s UK employment figures for direction. The markets are expecting a small addition of 5k jobs in the UK workforce after last month’s 10k. Hirers may be pulling back as costs rise for business owners....
GBP EUR Exchange Rate: The Week Ahead May 15th
The GBP EUR exchange rate recovered from the previous week’s sell-off with a move above the 1.1700 level. Boris Johnson has said the government will “do things” to stave of the cost-of-living pressures in the country. One of those things could be a windfall tax on the...
GBP/USD - Pound to US Dollar forecasts
GBP USD Exchange Rate Jumps to Highest Since 5 May on Firm Jobs Market Figures
The pound was catapulted to its highest level since 5 May against the dollar on Tuesday following the publication of robust jobs market numbers.
News that Britain's unemployment rate dropped to its lowest since 1974 in the first three months of 2022 cemented expectations that the Bank of...
GBP USD Exchange Rate Struck by Worsening Risk Sentiment
The risk-sensitive pound was tripped up by weak Chinese data on Monday having recovered from a fresh two-year low at the end of last week.
Waning investor confidence was compounded by reduced bets on the pace of Bank of England (BoE) rate hikes this year.
In April, money markets...
GBP USD Exchange Rate Remains Static
The pound remained rangebound against the dollar on Wednesday as it meandered its way through the 1.23 range.
The UK currency has been shackled by reduced bets on overly hawkish action from Bank of England (BoE) rate-setters and growing uncertainty around the British economic outlook.
Money markets are currently...
GBP/AUD - Pound to Australian Dollar forecasts
GBP AUD Jumps on UK Employment Surprise
The GBP AUD exchange rate was 0.63% higher on Tuesday and pressing against the recent resistance after UK employment beat analysts’ estimates. The market was expecting a small increase of 5k jobs, but the UK added 83k jobs for the three months into the end of March....
GBP AUD Consolidates with UK Employment Due
The GBP AUD exchange rate was -0.10% lower on Monday as the UK economy awaits the release of employment figures. Markets are looking for a measly 5k jobs added to the UK, with only 10k in the previous month. Higher costs for business are slamming the brakes...
GBP AUD Presses Recent Highs on GDP, Risk Woes
The GBP AUD exchange rate was 0.83% higher on Thursday after UK GDP came in close to expectations for the recent quarter. Risk assets have been hit hard this week and the Australian dollar is suffering as a consequence.
The GBP to AUD trades at 1.7790 with the...
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