Daily News
USD Faces Pressure, GBP Mixed, EU Sees Recovery….
USD Under Pressure Ahead of Key Data Releases The US Dollar (USD) faces modest selling pressure on Thursday as investors await crucial data releases. The US Bureau of Economic Analysis...
Mixed Economic Signals Shape Currency Dynamics in April.
USD: US economic activity slowed in April to a four-month low due to decreased demand, with both Manufacturing and Services PMIs falling below expectations. GBP: Speculation of a summer rate...
GBP Dovish, USD Resilience, EUR Mixed.
GBP faces pressure as Bank of England signals dovish stance amid looming disinflation. USD could strengthen on April PMIs, potentially delaying anticipated Fed interest rate cuts. Positive market sentiment and...
Dollar Rises, Pound Falters, Euro Holds Steady.
USD strengthened on indications of delayed Fed policy tightening due to strong labor markets and persistent inflation. GBP weakened amid escalating Middle East tensions and a more hawkish Fed stance,...
Insights
Central FX Monthly Insights – April 2024.
Please enjoy our April 2024 edition of Monthly Insights with our Head of Dealing - Tom Foster [video width="594" height="842" mp4="https://centralfx.co.uk/wp-content/uploads/Currency-Outlook-Video-April-2024.mp4"][/video]
GBPEUR: March Overview & April Outlook.
GBP-EUR Exchange Rate Falls to Nine-Week Low in March The GBP/EUR exchange rate traded sideways in the 1.16 range at the start of the month, despite warmer-than-forecast Eurozone inflation data…
GBPUSD: March Overview & April Outlook.
GBP-USD Exchange Rate Touches Seven-Month High in March The GBP/USD exchange rate began to firm on 4 March – testing 1.27 – as Federal Reserve interest rate bets were stoked…
GBPEUR: January Overview & February Outlook.
GBP-EUR Exchange Rate Hits Six-Month High in January The GBP-EUR exchange rate stumbled into 2024, briefly dipping below 1.15 after the UK’s latest manufacturing PMI printed below expectations, in contrast…
GBPUSD: January Overview & February Outlook.
GBP-USD Exchange Rate Posts Slight Loss During Turbulent January Having treaded water into the new year, the GBP-USD exchange rate plunged lower on 2 January. The pound’s increasingly risk-sensitive nature…
Currency Market Review.
Bank of England Reports Published in January 2024 Latest results from the Decision Maker Panel survey – 2023 Q4 – Read the report The Decision Maker Panel (DMP) is a…
Currency Market Review.
Bank of England Reports Published in December 2023 Latest results from the Decision Maker Panel survey – 2023 Q4 – Read the report The Decision Maker Panel (DMP) is a…
GBPUSD: 2023 Overview & 2024 Outlook.
GBP-USD Exchange Rate Review: 2023 The GBP-USD exchange rate strengthened 5.6% in the first half of 2023, before experiencing downward pressure. A resurgent fourth quarter helped the pound to post…
GBPEUR: 2023 Overview & 2024 Outlook.
GBP-EUR Exchange Rate Review: 2023 On balance, the pound has achieved upward momentum against the euro in 2023 despite a volatile period for the GBP-EUR pair. The pound slumped to…
GBPEUR: November Overview & December Outlook.
GBP-EUR Exchange Recovers from Six-month Low in November The GBP-EUR pair stumbled below the 1.15 level at the start of the month following news that the Bank of England (BoE)…