Currencies Direct

Currency Markets Rocked

Trade in the currency market has been erratic through the first half of June following the European Central Bank’s (ECB), Federal Reserve’s and Bank of England’s (BoE) latest interest rate decisions.

Pound fluctuates on mixed data and bets for a BoE rate hike

Pound fluctuates on mixed data and bets for a BoE rate hike   GBP exchange rates fluctuated through the second half of October amid mixed economic data, Brexit tensions, and expectations of an imminent Bank of England (BoE) rate hike. GBP/EUR wavered between €1.19 and €1.18, trending sideways overall, while EUR/GBP traded between £0.84 and …

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