The British pound is primed for outperformance, while the euro faces continued downward pressure for the rest of 2024, predicts the CEO of a leading independent financial advisory and fintech. The deVere
The Bank of England has made “another mistake” by not accelerating interest rate cuts, according to the CEO of a leading independent financial advisory and fintech. deVere Group’s Nigel Green spoke out after
Following the wild fluctuations seen in financial markets on Wednesday, volatility remains high early Thursday. The Bank of England will announce monetary policy decisions, and later in the day, the US economic
The EURGBP cross remains steady around 0.8420 on Tuesday during European trading. The European Central Bank rate cut and lower growth forecasts might further weigh on the Euro in the near term,
The US Dollar is holding its ground against major rivals early Wednesday as markets wait for the US Bureau of Labor Statistics to announce the preliminary benchmark revisions to Nonfarm Payrolls. Later
The GBPUSD pair surrendered its intraday gains and fell back to near 1.2730 in Friday’s New York session as the Cable comes under pressure amid cautious market mood. The S&P 500 opened
Following mixed action in financial markets on Thursday, investors are clinging to a cautious stance on Friday. The US economic docket will feature Personal Consumption Expenditures (PCE) Price Index data for June,
The pound could hit a peak of $1.40 by March next year, bolstered by a more promising economic outlook and the prospects of political stability, according to the CEO of a leading
The UK election’s influence on the pound is likely to be limited amid widespread expectation of a Labour victory, according to the CEO of a leading independent financial advisory and fintech. The
Investors are revising strategies to capitalise on the potential strengthening of the pound (GBP) in the wake of a Labour victory in the UK election on July 4 and increasing political uncertainty
