Search Results for: Sterling
Dollar extends losses vs yen after BOJ tapering talk
January 10th, 2018
The dollar extended losses against the yen on Wednesday after the Bank of Japan’s move to trim Japanese government bond (JGB) purchases in the previous session triggered speculation that it could begin tapering its massive, ultra-easy monetary stimulus. Despite ...
The Bank of England is Entertaining its Own Official Cryptocurrency
January 3rd, 2018
As originally reported by The Telegraph, the Bank of England may approve the creation of a state-sponsored cryptocurrency within the year. Just last year, the bank announced it had commissioned a theoretical currency, RS Coin, which could be used ...
This is the currency that performs best at the start of a new year
January 3rd, 2018
If you are wondering which currency, other than the U.S. dollar, to hold at the start of a new year, past trades show you’ll be better off with euros. Using data analytics platform Kensho, CNBC looked at the average ...
Pound Euro (GBP EUR) 2018 Outlook
December 28th, 2017
With 2017 soon to be over investors are now looking to 2018, with the Brexit transitionary deal, trade talks, and potential rate hikes on the cards. But what can we expect for GBP EUR? The 2018 Brexit Calendar and ...
Main moves in markets: Asian stocks mixed, Yen was little changed, Euro was up, Pound was flat
December 19th, 2017
Asian stock benchmarks were mixed amid growing optimism that U.S. legislators are on the brink of passing sweeping tax cuts. Benchmarks in Japan and South Korea were down while stocks in Sydney, Hong Kong and China advanced after U.S. ...
GBP to EUR Exchange Rate Briefly Advances
December 19th, 2017
Monday’s UK factory data helped the British Pound to Euro exchange rate to avoid a drop, but the pair’s gains were limited due to appeal in Euro trade as well as persistent Brexit concerns weighing on the Pound’s strength. ...
Europe, Brexit and the credit cycle
December 18th, 2017
Europe’s financial and systemic troubles have retreated from the headlines. This is partly due to the financial media’s attention switching to President Trump and the US budget negotiations, partly due to Brexit and the preoccupation with Britain’s problems, ...
Europe Markets: Bank Rally Helps Lift European Stocks To Highest Finish In 3 Weeks
November 30th, 2017
European stocks closed at a nearly three-week high on Wednesday, boosted by a rally in the region’s bank shares a day after U.S. Federal Reserve Chairman-nominee Jerome Powell said he hopes to ease financial regulations. The U.K. stock market, ...
How will Final Monetary Policy Meetings of 2017 Impact the GBP EUR Exchange Rates?
November 24th, 2017
The Bank of England (BoE) and European Central Bank (ECB) both have one monetary policy meetings left on the calendar before 2017 ends – and both are scheduled for the 14th of December. It’s been a turbulent year for ...
A review of the main moves in Stocks, Currencies, Bonds and Commodities
November 13th, 2017
Equities in Asia put in a mixed start to the week as investors sought fresh catalysts after last week’s run to record highs. The British pound took a hit as pressure mounts on U.K. Prime Minister Theresa May after ...
