FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today
Outlook for pound sterling looks increasingly bleak
A large-scale crisis in the cost of living in the UK threatens to completely stop the growth of the national economy. Consumers and businesses are expected to rein in spending...
GBPUSD: falling to parity is no longer a fairy tale?
In addition to the fact that the pound itself has a rather tense relationship with the US dollar, Britain's currency is also threatened by the policy of Britain itself...
GBP stays strong as BoE sticks to its policy plan
The British pound climbed to a two-week high against the euro, rebounding after a rate hike introduced by the Bank of England on March 17, which investors perceived...
UK Consumer Confidence plunges
The survey results released on Friday, February 25th, revealed that consumer confidence in the United Kingdom plunged to the lowest levels throughout the pandemic period. Experts note that the British...
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UK inflation in 2022 becomes warning to whole world
The Resolution Foundation, an independent think-tank whose views are relevant in economic analysis, reported that British households are entering a year of lack. Rising energy bills and accelerating inflation...
New Year's gift from the Bank of England: an unplanned increase in the interest rate took place
The Bank of England unexpectedly raised interest rates for economists, traders, and banks. This is the first increase since the pandemic. The Bank of England has become the central bank...
Experienced investors are now looking at other markets
At the end of this year, most investors are reviewing their portfolios due to rising inflation. The 60/40 scheme can fail its adherents, so now the eyes of the entire...
Dollar will rise this session, but is the news from the US so good? Citi is also pessimistic
Consumer confidence in the US increased in October. This came as a surprise to economists, who set the bar at 108.3 points. We were also pleased with the news from...