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European Central Bank

Analysis and News from the European Central Bank

GBP LIVE TODAY

Pound Sterling "Catchup" Could Extend against Euro and Dollar Following Bank of …

07 August, 2020 |

The British Pound received a notable lift in the wake of the release of the Bank of England's statement on monetary policy, and further upside over coming days is possible according to a number of analysts we follow.

GBP LIVE TODAY

Pound Sterling Up vs. Euro and Dollar in Wake of Bank of England Policy Update

06 August, 2020 |

The British Pound went higher against the Euro, Dollar and other currencies following the release of the Bank of England's August policy statement that revealed the Monetary Policy Committee opted to keep interest rates and quantitative easing unchanged by an unanimous vote, while on balance policy makers struck a decidedly 'less dovish' tone than markets had been expecting.

GBP LIVE TODAY

Pound Sterling Targets vs. Euro and Dollar on Potential Bank of England Outcomes

05 August, 2020 |

A pessimistic signal would likely lend itself to a weaker Pound, while a more confident assessment that would suggest no further quantitative easing expansions are likely over coming months could contribute to Sterling upside.

GBP LIVE TODAY

Why Pound Sterling is Falling against the Euro and Dollar in Early August (the S&P 500…

05 August, 2020 |

The British Pound stormed higher at the end of July but has fizzled out in early August and is at risk of relinquishing the advance, for no obvious reason.

USD

Dollar Bounce Extends as Job Repair Continues and Global Factors Dominate

07 August, 2020 |

The Dollar extended its rebound against major and emerging market counterparts on Friday after official data showed America's labour market recovery continuing in the face of surging coronavirus infections last month, although global factors may matter as much for the currency's outlook. 

USD

U.S. Dollar Perky Ahead of Non-farm Payrolls, but only a Dire Reading will Overturn the Br…

07 August, 2020 |

The release of U.S. non-farm payroll data is the highlight of the day with foreign exchange markets likely to pay particular attention to this month's reading to get a steer as to whether the recovery continued to fade in July or found a fresh wind.

USD

'Trump Bump' in Polls Could Spark U.S. Dollar Recovery against Pound and Euro

06 August, 2020 |

New analysis on foreign exchange market developments suggests the U.S. Dollar is increasingly concerned with the outcome of the U.S. election to the extent that it might be the single most important driver of the currency at the present time.

USD

Pound-Dollar Exchange Rate Hits 5-Month Best Following Bank of England Decision, Analysts …

06 August, 2020 |

The British Pound has rallied to a fresh 5-month high against the U.S. Dollar after the Bank of England's August update, which proved to be of more interest than markets had been expecting.