Search result for Pound
IMPROVED RISK SENTIMENT AND FISCAL STIMULUS HELPED STERLING RISE ON MONDAY
Highlights –
- Improved risk sentiment and fiscal stimulus helped sterling rise on Monday.
- The British pound rose by about 2% this month.
- Against the euro, the pound was 0.2% weaker at 89.67 pence.
- Investors are still worrie...
THE BRITISH POUND EDGED UP BY 0.4% AGAINST THE DOLLAR
Highlights –
- The British pound edged up by 0.4% against the dollar.
- Trade deal between Britain and EU still remains to weigh on the British currency.
- Finance Minister added $38 billion to help the economy.
- Investors did no...
POUND FELL LOWEST AGAINST EURO IN THREE MONTHS TIME
Highlights –
- Sterling hits lowest in three months’ time against Euro.
- The Euro did better due to French economic activities rebounding.
- The pound fell at 90.775 pence per euro.
- Against the dollar, the pound was up 0.4...
POUND RISE AGAINST DOLLAR, STRONGEST SINCE END OF MARCH
Highlights –
- The pound rose above $1.27, highest since the end of March.
- The pound has gained more than 3 cents in a week, rose at $1.2705.
- The pound has gained 5% against the dollar.
Since the end of March market re...
LEBANESE CURRENCY CRISES LED TO ECONOMIC MELTDOWN
Highlights:
- Lebanon's currency has lost about 60% of its value while the government is facing an unprecedented economic crisis.
- Protests have erupted over the government’s handling of the unprecedented economic crises.
- This is mar...
PHILANTHROPIC DUKE CONTRIBUTES £10 MILLION TO NHS
- The Duke of Westminster did a noble philanthropic deed by donating £ 10 million to the country’s relief efforts.
- The Duke’s Godparents are also full of praise for the entire NHS staff and their families.
The Duke of Westminst...
RUPEE OPENS WITH A SLUMP OF 13 PAISE
Highlights:
- The rupee has slumped by 13 paise and settled at 71.42.
- USDINR pair is expected to be in the range of 71.20 and 71.80.
- The New Zealand dollar fell by 0.4 percent and settled at $0.6411.
The rupee entered the ea...
SYRIAN CURRENCY IS EXPERIENCING A FREE FALL
Bashar Al-Assad, the President of Syria, is taking measures to halt the free fall of the local currency. The President has forbidden the use of money other than Syrian Pounds for transactions. Using other currency can be seen as a crime and the user can end up being in a prison and hard labor.
DOLLAR FIRMS AS US ECONOMIC OUTLOOK STRENGTHENS
Dollar begins the week on a positive note. It can be the effect of economic data that indicated to be firmer across the US economy. It will eventually reduce the possibility of cutting interest rates.
The dollar remained strong and marked near a one-week high against the euro. The dolla...
STERLING BEING WOBBLY, WHILE AUSTRALIAN DOLLAR, HIT ALL-TIME HIGH
The Australian Dollar held at a four-and-a-half month high on positive risk sentiments that proved to be in favor of them due to settlement in the relations of US and China over trade, while British Pound saw a depreciation as the tension resurfaced the chaotic departure of British from European ...
DOLLAR FIRMS SHOWING NO SIGNS OF RECESSION
Dollar strengthens from the start of the week i.e. on Monday after U.S. data indicated solid economic growth while the British Pound found some stability after having suffered its biggest weekly fall in the past three years.
A batch of economic data released on Friday indicated the US e...
DOLLAR BECAME A SHADE FIRMER AGAINST YEN
The Dollar took US President Donald Trump's impeachment in stride and was a shade firmer against safe-haven currency yen at 109.56. An index that compares the dollar to the other six major currencies is at 97.347, which is the second-highest for the week.
The British Pound remained ...
London shares and British Pound sprung up Friday after a Conservative Prime
Many stock markets in Europe–while London, which at a time grew more than 2%–was lagging, was also rising, helped by news of a US-China partial trade agreement.
The Wall Street rally petered out, but the day both Beijing and Washington ended little with American capital on t...
The world is left with the dollar as the hold money
THE US dollar's situation as the world's hold money may be debilitating. Over the most recent couple of years, the part of worldwide stores designated in dollars has been crawling down. This pursues a more extended term slide; when the new century rolled over 70% of stores were in dollars...
Forex-Sterling Has Hits 31-Highs of Month, Dollar Has Dipped
The British pound hit 31-month highs against the euro on Monday and hit seven-month highs against the U.S. dollar in the midst of developing certainty about a Conservative Party triumph in Thursday's U.K. decisions, which would end political loss of motion on Brexit. The euro contacted a low ...
UK pound falls further on forex index
As the United Kingdom is finally going through the Brexit situation and has decided a deal that will allow it to exit, the forex rate of the pound and euro will be greatly affected by these changing conditions and it is already starting to show its effects.
The Brexit deal has been fina...
3 Significant Signs That Precede the Fall of World Reserve Currencies
A genuine case of this is the situation of the British pound, which preceding turning into a saves cash was abandoned silver to paper with the production of the Bank of England. The bank was made in the wake of pulverizing military annihilation because of France, and England wished to back the pr...
The UK pound future uncertain
As the United Kingdom is finally going through the Brexit situation, there have been reports that the forex industry will be hit hard by the changing g conditions of the UK economy. As Boris Johnson pulls of the Brexit situation, forex traders are worried about being a complete loss if there is n...
Good week for Chinese, European and the American Currencies
As the last week saw the trade talks initiation it would be safe to say that the forex indexes of the United States and China are bound to rise for sure and the markets have been seeing a growing trend from Friday which has been a good sign for the Forex indexes. The United Kingdom has also estab...
UK stocks fate undecided
Brexit is nonetheless to happen, and that we still don’t apprehend verity extent of the impact it'll wear the economy and businesses. However, the depreciation of the pound – that, when the vote, reached near-pa...