The Lira hit record lows against the Dollar Thursday while ceding substantial ground to other currencies even after the Central Bank of the Republic of Turkey (CBRT) held its interest rate steady, although there’s no shortage of reasons for why the Turkish currency could make a comeback soon.
June 17,2021
The Euro appears to be one of the major losers of the U.S. Federal Reserve's shift in stance, particularly against the British Pound.
June 17,2021
The Pound-to-Euro exchange rate entered the new week above 1.16, a level upon which its grip could solidify over the coming days if an action-packed UK economic calendar can be navigated without upset, although international factors will pose up and downside risks.
June 14,2021
The Pound is being tipped by analysts to ultimately ride through a period of uncertainty linked to the delay of the lifting of full lockdown conditions in England, likely to be announced next week.
June 10,2021
Speculative investors are increasingly in favour of selling the British Pound according to flow data and analysis from a number of investment banks.
June 8,2021
The Euro is struggling to find any notable strength ahead of this week's key meeting of the European Central Bank (ECB) which leaves investors cautious as they await the central bank's update on the outlook for monetary policy in the bloc, due on Thursday.
June 7,2021
The British Pound was seen advancing against the Euro amidst fresh signals from Government that all Covid-19 restrictions will be lifted on June 21 as originally planned and some analysts said if there were to be delay it would be of little consequence to the currency.
June 3,2021
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