Foreign Currency Exchange Insight
Pound Rockets Versus US Dollar, as Global Economic Outlook Upbeat
The greenback could continue to slide, looking forward. This is because, first, US retail sales surprisingly fell -0.3% in January, below hopes for +0.2%.
Read MorePound Strengthens Versus Euro and US Dollar, as UK Q4 GDP Upgraded
The pound strutted its stuff last week, because UK GDP rose by +0.5% in Q4 last year, above the previous estimate of +0.4%
Read MorePound Rises Versus Euro, as BoE Saunders Signals Falling Joblessness
The pound puffed out its chest last week, chiefly because Bank of England policymaker Michael Saunders said that he thinks that UK unemployment will fall even further this year, below 4%.
Read MorePound Loses Out Versus Euro, as ECB To Further Ease Back Stimulus
The euro reached for the stars last week, chiefly because the European Central Bank (ECB) hinted that it will soon further ease back its vast stimulus.
Read MorePound Steady Versus Euro, as UK Services Accelerate In December
Sterling held its own last week, chiefly because the UK's vast services sector expanded more than forecast last month.
Read MorePound Steady Versus Euro, as UK Q3 GDP Upgraded To 1.7%
The pound moved little this week, first because reports about UK GDP were mixed.
Read MoreSwedish Krona Hits 3-Week High Versus Pound, as Riksbank Ends Stimulus
The krona has risen against the pound, because Sweden's central bank, the Riksbank, announced today that it will end its monetary stimulus.
Read MoreGBP Nears 18-Month High Versus NOK, as Norges Bank Unlikely to Hike
The pound is flexing its muscles against the krone, because Norway's inflation fell to just 1.1% in November, said Statistics Norway last week.
Read MoreGBP May Hit 11-Week High Versus CZK, as CNB Cools Housing Market
The CNB has lifted its capital requirements, the financial safety net that Czech banks need to hold, up to +1.25% of outstanding loans, thus weakening the koruna.
Read More5 Reasons Why The Thai Baht Could Strengthen Versus The Pound in 2018
The Thai baht to UK pound sterling interbank exchange rate could rise above its current 43.76 in 2018. Here are 5 reasons why:
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