Daily News
EUR, USD, and GBP in Focus.
EUR/USD Downtrend: The Euro is likely to face further losses against the Dollar after breaking below the 200-day moving average, signaling a continued multi-week downtrend. ECB Rate Cuts: Market sentiment...
USD Strength, Euro Weakness, and GBP Uncertainty.
USD Strength: U.S. retail sales boosted the dollar, with USD/JPY breaking above 150.0. Further upward movement may be capped by potential Japanese intervention, while Fed rate cuts remain uncertain. Election...
UK Inflation Drops to New Lows, Paving the….
UK CPI Drops: Inflation fell to 1.7% year-on-year in September, below the BoE’s 2.0% target, signaling progress in curbing inflation. Services Inflation Key: Services inflation, a crucial indicator for BoE...
Pound Stumbles as Inflation Drops: Will Interest Rates….
UK inflation fell to 1.7% in September, below the expected 1.9%, causing a selloff in the British Pound. Core inflation, closely watched by the Bank of England, also dropped to...
Insights
GBPEUR: September Overview & October Outlook.
GBP/EUR exchange rate hits 29-month high in September Following a relatively subdued start to the month, the pound euro exchange rate dropped to a one-week low in the 1.18 mid-range…
GBPUSD: September Overview & October Outlook.
GBP/USD exchange rate strikes 31-month high in September The pound dollar exchange rate was largely subdued in the 1.31 mid-range at the start of the month, despite upbeat UK PMI…
GBPUSD: August Overview & September Outlook.
GBP/USD Exchange rate hits two-year high in August The pound began the month on the back foot following the Bank of England’s (BoE) interest rate decision on 1 August, causing…
GBPEUR: August Overview & September Outlook.
GBP/EUR Exchange rate breaks through 1.19 in August The pound euro exchange rate was subdued on 1 August despite the Bank of England (BoE) enacting a widely expected interest rate…
GBPEUR: July Overview & August Outlook.
GBP-EUR Exchange rate hits multi-month high above 1.19 The pound euro exchange rate traded near a three-week low around 1.177 on 1 July following the first stage of France’s general…
GBPUSD: July Overview & August Outlook.
GBP-USD Exchange rate touches 51-week high above 1.30 The pound dollar exchange rate touched a six-week low around 1.263 on 2 July amid rising odds of former president Donald Trump…
GBPEUR: June Overview & July Outlook.
GBP-EUR Exchange rate hits 22-month high in June The pound euro exchange rate edged lower on 6 June following the European Central Bank’s (ECB) interest rate decision. While it cut…
GBPUSD: June Overview & July Outlook.
GBP-USD Exchange rate touches ten-month high in June The pound dollar exchange rate bounced off the 1.27 benchmark on 3 June after the ISM manufacturing PMI showed a sharper-than-forecast contraction…
Central FX Monthly Insights – July 2024.
Please enjoy our July 2024 edition of Monthly Insights with our Head of Dealing - Tom Foster [video width="594" height="842" mp4="https://centralfx.co.uk/wp-content/uploads/Central-FX-Monthly-Insights-July-2024-1.mp4"][/video]
GBPEUR: May Overview & June Outlook.
GBP-EUR Exchange rate touches 14-week high in May The pound euro exchange rate was flat at the start of May amid underwhelming Eurozone PMI data and robust employment figures from…