pound Archives - Financial Mirror

Expats feel heat from fluctuating pound

UK expat retirees on the island have seen their purchasing power dwindle by hiking inflation and energy costs and the slump in the British pound eating away at their pension. The pound

9th October 2022

Cyprus

US stocks: more bumps ahead? VIX above average, DXY battles Euro, Pound struggles

By Han Tan, Market Analyst at FXTM A gust of optimism is sweeping through equities with Asians stocks mostly higher, while US futures are climbing, despite Wall Street faltering on Thursday. Investors

11th September 2020

Markets/World

Market volatility heightens with unclear coronavirus signals

By Jameel Ahmad, Global Head of Currency Strategy & Market Research at FXTM Negativity and pessimism very much remains the theme of investor sentiment late Wednesday with stocks tanking at an alarming

18th March 2020

Markets/World

GBPUSD sees short-lived drop after BOE surprise rate cut

By Han Tan, Market Analyst at FXTM GBPUSD faltered below the 1.29 psychological level before seeing a sharp recovery, after the Bank of England surprised markets on Wednesday with a 50-basis point

11th March 2020

Markets/World

Pound slump, hints at BoE rate cut could drive demand for overseas assets

Increasing hints that the Bank of England will cut interest rates is likely to prompt investors into overseas financial assets, affirms the CEO of one of the world’s largest independent financial services

14th January 2020

Markets/World

Investors shrug off Trump’s historic impeachment

By Hussein Sayed, Chief Market Strategist at FXTM The S&P 500 snapped a five-day winning streak to close slightly lower on Wednesday. Despite the slight retreat, investors still seem in a risk-on

19th December 2019

Markets/World