Weak Trade Data Hits The Aussie

The Pound to Australian Dollar (GBP/AUD) exchange rate pushed higher on Thursday after weak Australian trade data dented the ‘Aussie’. Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD): 2.00554 (+0.17%)Pound to Dollar (GBP/USD): 1.34364 (-0.17%)Australian Dollar to Dollar (AUD/USD): 0.66997 (-0.33%) DAILY RECAP: The Australian Dollar (AUD) weakened on Thursday following the release of downbeat Australian trade figures. The latest…

GBP falls further against US Dollar

Pound Sterling falls further against US Dollar while US NFP takes centre stageThe Pound Sterling (GBP) extends the decline for the third consecutive day against the US Dollar (USD), trading near 1.3450 during the European trading session on Thursday. The GBP/USD pair is under pressure as the US Dollar trades firmly, following the release of an unexpectedly strong United States…

GBP Rangebound As Eurozone Inflation Cools

The Pound to Euro (GBP/EUR) exchange rate traded in a narrow range on Wednesday as markets showed little reaction to the Eurozone’s latest inflation data. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.15246 (-0.23%)Pound to Dollar (GBP/USD): 1.34724 (-0.2%)Euro to Dollar (EUR/USD): 1.16901 (+0.02%) DAILY RECAP: The Pound (GBP) was subdued on Wednesday as the absence of impactful UK economic…

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Cyprus deposit rates lowest in euro area despite easing loans

Cyprus continues to offer relatively cheaper borrowing for households, particularly for housing,…

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