EUR/GBP Hovers Ahead of BoE Rate Decision EUR/GBP traded near 0.8710, as investors await the Bank of England (BoE) interest rate decision on Thursday. Traders remain optimistic that the BoE will lower interest rates during its August meeting on Thursday, given a series of weaker UK economic indicators and signs of a pause due to […]
GBP/JPY Tumbles as BoJ Holds Rates Steady GBP/JPY weakened near 198.44, following the Bank of Japan (BoJ) decision to keep the short-term interest rate target unchanged in the range of 0.40%–0.50% at its July meeting, matching the broader market sentiment. During the post-meeting press conference, BoJ Governor Kazuo Ueda minimised inflation risks and indicated no […]
This week, major central banks, including the Bank of Japan (BoJ), the Federal Reserve (Fed), the Swiss National Bank (SNB), and the Bank of England (BoE), are scheduled to announce their monetary policy outlooks and interest rate decisions. Ongoing uncertainty, particularly following President Trump’s imposition of “Liberation Day” tariffs, alongside the continued escalation of geopolitical […]
GBP/USD edged lower near 1.3544 as investors await the monthly Gross Domestic Product (GDP) for April and the US Producer Price Index (PPI) report. Wednesday’s Consumer Price Index (CPI) rose to 2.4% yearly in May, up from 2.3% and well below the expected 2.5%. The core CPI, which excludes volatile food and energy prices, rose […]
EUR/GBP gained momentum near 0.8436 following the European Central Bank’s (ECB) decision to reduce interest rates to 2.0% from 2.25%, matching market anticipations. In its accompanying statement, the European Central Bank (ECB) pledged to stabilise inflation at its medium-term target of 2%. Projected headline inflation is expected to average 2.0% in 2025, 1.6% in 2026, […]
The European Central Bank (ECB) is set to announce its latest policy decision on Thursday, which is likely to affect market sentiment regarding the euro. The market expects the ECB to continue with easing measures at the June meeting, implementing another 25 basis point cut to reduce the deposit rate to 2.00%. This would represent […]
GBP/USD lost momentum near 1.3514 as investors await the BoE Monetary Policy Report Hearings before Parliament. Market expectations suggest that the Bank of England (BoE) will continue its easing of monetary policy in June, driven by a stronger-than-anticipated UK Consumer Price Index (CPI) and robust growth in UK Retail Sales for April, influencing the pound. […]
Imagine yourself at the crowded markets of the famous Borough, looking for currency exchange bureaus nearby, looking to exchange your pounds for euros. Sounds quite different from your regular finances, right? That is currency exchange, an easy-to-learn concept deep-rooted in global finances and has the power to alter them! Let’s take a deep dive into […]
Imagine this: You’re planning a long family trip to Scotland, excited about exploring the beautiful sites. You’ve carefully planned your whole itinerary, packed your bags, and found all the places your family will love eating. However, through this, you forgot to convert your currencies from Euros to GBP. The next day, you get time to […]
Well, entering the 20s is exciting! The rush of adrenaline brings a sense of elation as you approach the finish line of your degree or prepare to step into your first job and exciting new work opportunities. There are countless beginnings ahead, all contributing to laying a strong foundation for your life! While you’re eager […]
English 
