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European Central Bank

Analysis and News from the European Central Bank

GBP LIVE TODAY

Pound Sterling in Biggest Daily Jump against Euro in Two Months, More to Come says Investm…

02 June, 2020 |

The British Pound leapt 0.85% against the Euro and a host of other major currencies over the course of the past 24 hours, which makes for the largest daily gain since April 02 and potentially sets the UK currency up for further gains in what could prove to be a volatile week for the currency owing to another round of trade negotiations between the EU and UK.

GBP LIVE TODAY

Pound Sterling Jumps 1.0% against Euro and Dollar at Start of New Week but Forecasters War…

01 June, 2020 |

Sterling's advance early in the week is unlikely to persist over coming days given that we are entering another important week on the Brexit front and we expect negative headlines concerning the state of trade negotiations to weigh.

GBP LIVE TODAY

Pound Sterling Could Actually Rise if Bank of England Slashed Interest Rates to Below Zero…

29 May, 2020 |

Speculation has been growing over the course of May that the Bank of England could soon announce it will cut interest rates to below zero in its ongoing battle to stem the negative economic impacts of the coronavirus crisis.

GBP LIVE TODAY

Pound Sterling's Rise and Fall vs. Euro and Dollar on Brexit Headlines Confirms June will …

28 May, 2020 |

The British Pound is trading softer against the Euro, U.S. Dollar and other major currencies as foreign exchange market participants increase expectations that trade negotiations between the EU and UK will fail to result in a deal, following a briefing on the state of talks by the UK's chief negotiator.

USD

Pound-to-Dollar Week Ahead: In Recovery Mode amid U.S. Unrest but Gains to be Short-lived

31 May, 2020 |

The Pound-to-Dollar rate staged a decisive reversal last week as Sterling recovered lost ground from a tiring greenback and could go on to extend its nascent recovery over the coming days although the upside is limited and fundamental headwinds could blight the British currency again ahead of the weekend.

USD

U.S. Dollar in the Dog House as Death of the Bond Market Fuels Stock Market Rally 

28 May, 2020 |

The Dollar was down for the count already Thursday but a steady death of the bond market could see investors bailing on it in earnest later this year, which would be a boon for Sterling and many other currencies, if the summer's choc-a-bloc schedule of risk cannot bring it back to life in a meaningful way. 

USD

Pound-to-Dollar Rate Burns as Brexit Angst Returns but Could be Fool's Gold Even at These …

27 May, 2020 |

The Pound-to-Dollar rate burned Wednesday as Brexit angst returned just as investors were reverting attention back to the upside, although a possible summer of discontent means Sterling might still be fool's gold even at current levels. 

USD

U.S. Dollar in Comeback Mode as Trump, Pompeo Threaten Big Trouble in Little China amid Fr…

27 May, 2020 |

The Dollar was in comeback mode and rising against most of its major counterparts on Wednesday after President Donald Trump said a U.S. response to China's latest provocation in Hong-Kong is on the way and as protests in the city resulted in fresh clashes between authorities and demonstrators.