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Latest sentiment data comes in line with expectations; EUR seen firm

euro dollar exchange rate today

The euro (Currrency:EUR) remains firm today as day's biggest data hurdle comes in line with expectations. Looking at the latest euro spot exchange rates we see: 

August 28,2013

GBP in slow trading, month-end rebalancing flows + weaker US dollar dominate the picture

 

Today's live coverage of the performance of the British pound and the key currencies it trades against.

Highlights:
1) USD Weakness persists, GBP/USD thus higher
2) GBP/EUR advances as Eurozone Confidence data fails to provide EUR with a boost
3) What to expect from tomorrow for GBP

August 28,2013

Pound Sterling Live on Tuesday 21: GBP receives a battering as UK inflation figures come in well below expectations

pound live on tuesday

Today is a big day for the British pound - inflation has come in well below expectations which has driven a frantic sell-off in the UK currency.

August 28,2013

Pound Sterling Live on Monday the 20th: Busy week for sterling ahead with Bank of England MPC minutes forming the highlight


The Bank of England's May MPC minutes are to form the highlight of the coming week for the British pound with suggestions that more MPC members will have voted to withold extra monetary stimulus.

May 21,2013

The British Pound Live on Friday the 17th: Dr. Vasileios Gkionakis tells of further GBP strength in coming days

australian dollar versus pound

The standout event of today must surely be the continued advance of the British pound against the Australian dollar. Is there more to come?

 

12:30: Dr. Vasileios Gkionakis consults the looking glass

 

Dr. Vasileios Gkionakis, Global Head of FX Strategy at UniCredit Bank, has consulted his mystic currency forecasting models. And good news is that GBP is tipped to be on the up!

May 20,2013

More Articles …

  1. Understanding the GBP/EUR: The eurozone's 'real' recession while UK suffers nothing more than a 'statistical mishap'
  2. Pound Sterling Live on Thursday 16th: Well-treaded range against euro is maintained, GBP/USD under pressure
  3. The British Pound: Live Coverage on Wed 15th of May: Bank of England Quarterly Inflation Report is today's big event
  4. Pound Sterling Live on Tuesday the 14th: GBP directionless ahead of all-important Bank of England Inflation Report

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