E
E

EURGBP

Trade Ideas

Traders Sentiment

Technical Summary

Hourly

News

Sterling edges down, but still close to recent highs vs dollar

Sterling edges down, but still close to recent highs vs dollar By Stefano Rebaudo Jan 27 (Reuters) - Sterling edged lower on Friday but was not far from its highest level in over seven months against the dollar. Investors expect the British economy's slowdown to end the Bank of England (BoE) tightening cycle soon, in a move which might weaken the pound in the short-term.
E
E
G

Fed, ECB and BoE could get FX hare running

BUZZ-COMMENT-Fed, ECB and BoE could get FX hare running Jan 27 (Reuters) - The dollar, euro and pound look set for a lively start to February, courtesy of interest rate decisions from the Federal Reserve, European Central Bank and Bank of England in the space of 24 hours next week. EUR/USD, GBP/USD and EUR/GBP could all ebb and flow on the trio of central bank announcements and accompanying monetary policy guidance - with the Fed kicking things off on Wednesday (Feb.
E
E
G

Sterling steady as gloomy data highlights recession risks

Sterling steady as gloomy data highlights recession risks By Amanda Cooper LONDON, Jan 26 (Reuters) - Sterling steadied on Thursday, but headed for its first weekly loss against the dollar in a month, after data this week underscored the task facing the Bank of England in controlling inflation without damaging an economy already in recession. A series of business confidence and activity surveys this week have painted a picture of an economy under pressure from double-digit inflation and squeezed
E
E
G

Sterling slips after data shows UK manufacturers cut prices

Sterling slips after data shows UK manufacturers cut prices By Lucy Raitano LONDON, Jan 25 (Reuters) - Sterling fell against the dollar and the euro on Wednesday after data showed British manufacturers unexpectedly lowered their prices in December, which suggested inflation may be easing, ahead of next week's Bank of England policy meeting. The pound GBP=D3 was down around 0.37% to $1.22950, and down 0.15% against the euro at around 88.40 pence EURGBP= .
E
E
G

Pound faces mid-Atlantic as markets eye BOE blink :Mike Dolan

RPT-COLUMN-Pound faces mid-Atlantic as markets eye BOE blink :Mike Dolan Repeats earlier column with no changes to text By Mike Dolan LONDON, Jan 25 (Reuters) - Whatever new year fillip the euro zone economy got from ebbing natural gas prices, the UK saw none of it - showing just how peculiarly British the downturn there has become and heaping pressure on the Bank of England.
E
E
G
H

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.