Emerging-Market Assets Drop for Second Week as Traders Shun Risk – BNN Bloomberg
(Bloomberg) -- Developing-nation assets suffered their first back-to-back weekly loss since May, pulled lower by lingering concerns around the Chinese...
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Pound Sterling looks to clear 1.3000 after UK inflation data
GBP/USD touched a new 2024-high above 1.3000 in the European morning. Annual inflation in the UK held steady at 2%...
IMF Lifts UK Growth Outlook in Boost for New Labour Government – BNN Bloomberg
(Bloomberg) -- The International Monetary Fund has upgraded its forecast for UK economic growth this year in an early boost...
Pound Bulls Savor Labour Victory With Rate Cuts Seen Delayed – BNN Bloomberg
(Bloomberg) -- The pound is trading at its strongest level in a year, cementing its position at the top of...
Euro, USD emerge as predominant currencies used in extra-EU trade last year
Date 6/25/2024 4:21:19 AM (MENAFN) According to the latest data from Eurostat, released on...
The ECB has cut its key interest rate: So what? – POLITICO
Now, however, the banks will have to charge a little less interest on their loans. That means they might profit...
No relief for emerging currencies seen as investors ponder elections, potential US easing
By Vivek Mishra and Vuyani NdabaBENGALURU/JOHANNESBURG (Reuters) - Emerging market currencies will struggle to rebound this year, pressured by a...
The pound is partying as Sunak’s election gambit dashes June rate cut hopes – POLITICO
Blown off-course by inflation, wages data Admittedly, two of the Bank’s nine-strong Monetary Policy Committee already voted for a first...
The Biggest Country that uses the US Dollar
We recently compiled a list of the 16 Countries that use the US Dollar in the World and in this...
Pound Sterling struggles to remain bullish after mixed UK PMI
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