Search Results for: BP
UK Pound momentum strong, Euro jumps Vs U.S. Dollar overnight
September 1st, 2020
The British Pound to Dollar exchange rate (GBP/USD) enjoyed another strong day on Monday as Sterling bulls continued to push on. Adding some extra fuel to the fire, Cable was able to post a rally in the Asian session ...
UPDATE: Sterling rose against a weaker euro but fell versus the dollar
July 30th, 2020
Sterling rose against a weaker euro but fell versus the dollar on Thursday after the $1.30 level reached late in the previous session did not hold, with Brexit and the economic fallout from coronavirus weighing on the currency. Global ...
Pound gains as dollar struggles
June 25th, 2020
Sterling gained on Thursday as traders bought back into the currency following its recent run lower, although worries about a second wave of COVID-19 infections and negotiations over a Brexit deal kept the rebound in check. Analysts said there ...
Euro to Pound Sterling exchange rate slips
June 18th, 2020
While the Euro (EUR) outlook remains fairly appealing, the Euro to Pound Sterling (EUR/GBP) exchange rate slipped again today. A lack of fresh support for the Euro in recent sessions, combined with a recovering US Dollar (USD), made it ...
The UK financial markets regulator bars Cyprus Investment Firms
June 4th, 2020
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has issued a press release to inform that has taken action to stop four Cypriot investment firms from continuing to offer ...
European Central Bank digital currency – a flight of fancy?
May 13th, 2020
Speech by Yves Mersch, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the Consensus 2020 virtual conference, 11 May 2020 11 May 2020 A recent survey among 66 central ...
Oil prices boosted by Saudi Arabia pledge to deepen output cut
May 12th, 2020
Oil futures rose on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June in a bid to help drain the glut in the global market that has built up as the coronavirus pandemic ...
Pound Sterling higher against Euro and Dollar
May 7th, 2020
The British Pound went higher on Thursday after the Bank of England opted to keep interest rates and its quantitative easing programme unchanged, a decision that might have surprised some market participants that were looking for more easing to ...
What happens when the pandemic ends?
April 15th, 2020
Let’s assume that by the end of this year a combination of social distancing and some new and effective treatments convert covid-19 from existential threat to chronic nuisance and the economy starts to assume an air of normalcy. Which ...
Business investment up to 25.8% in the euro area
April 9th, 2020
In the fourth quarter of 2019, before COVID-19 containment measures began to be widely introduced by Member States, the business investment rate was 25.8% in the euro area, compared with 23.7% in the previous quarter. The business profit share ...
