Pound sterling

Pound To Dollar Price News, Forecast: UK GDP Risks Fresh GBP Pressure

The Pound-Dollar rate could come under pressure if US inflation accelerates, while weak UK GDP may leave Sterling vulnerable heading into the weekend. The Pound US Dollar (GBP/USD) exchange rate ticked higher on Wednesday as demand for the ‘Greenback’ was tempered by wider currency trends. At the time of writing, GBP/USD was trading at around $1.3559. Up roughly 0.2% from…

Pound sterling

Pound-to-Euro Forecast: Will A Hawkish ECB Pressure GBP?

The Pound-Euro rate could stay rangebound ahead of the ECB decision, with Sterling also likely to remain subdued before Friday’s UK GDP data. The Pound Euro (GBP/EUR) exchange rate wavered mostly sideways on Wednesday as markets awaited the European Central Bank’s (ECB) interest rate decision. At the time of writing, GBP/EUR was trading at €1.1641, virtually unchanged on the day.…

EURO

Euro steadies above 1.1600 ahead of ECB rate decision, US PPI data

The EUR/USD pair holds steady around 1.1635 during the early Asian trading hours on Thursday. Traders prefer to wait on the sidelines ahead of the European Central Bank (ECB) policy meeting and the release of the US August Producer Price Index (PPI) later in the day. The ECB is likely to raise interest rates on Thursday for the second time this…

Euro

EURO

Euro steadies above 1.1600 ahead of ECB rate decision, US PPI data

The EUR/USD pair holds steady around 1.1635 during the early Asian trading…

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Pound sterling

British Pound Forecast: Two Banks Reveal A Turning Point For GBP/EUR

ING’s tactical range limits GBP/EUR near 1.166, but UBS expects Sterling to…

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