GBPCHF Forex News

Pound Slides As U.K. Retail Sales Fall More Than Forecast

Pound Slides As U.K. Retail Sales Fall More Than Forecast

The British pound weakened against other major currencies in the European session on Friday, after data showed that U.K. retail sales declined more than expected in April as poor weather reduced footfall.
RTTNews | 3 days ago
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | 3 days ago
Investors Seeing the Light the Rising Appeal of GBP

Investors Seeing the Light the Rising Appeal of GBP

There has been evidence of an increase in optimism among FX investors regarding the GBP. Bearish sentiment, which surrounded the GBP over the past years, is revived out of a slight relaxation in cost-push inflation and the expectation of political stability to emerge after the general election this autumn.
ACY Securities | 4 days ago
Pound Rises As U.K. Inflation Slows Less-than-expected

Pound Rises As U.K. Inflation Slows Less-than-expected

The British pound strengthened against other major currencies in the pre-European session on Wednesday, after data showed that U.K. consumer price inflation slowed less than expected in April, leaving a 50 percent chance of a June rate cut unchanged. Data from the Office for National Statistics showed that the U.K. consumer price inflation weakened to the lowest since July 2021. Consumer prices rose 2.3 percent on a yearly basis in April, slower than the 3.2 percent increase in March. However, inflation was stronger than economists' forecast of 2.1 percent.
RTTNews | 5 days ago
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the pre-European session on Wednesday.
RTTNews | 5 days ago
Swiss Franc Falls Amid Risk Appetite

Swiss Franc Falls Amid Risk Appetite

The Swiss franc weakened against other major currencies in the European session on Monday amid risk appetite, as investors welcomed stimulus measures in China to support the country's property sector and pondered the outlook for rates.
RTTNews | 7 days ago
Pound Falls On Weak Employment Data

Pound Falls On Weak Employment Data

The British pound weakened against other major currencies in the European session on Tuesday, after data showed that the average earnings in the U.K. grew better than expected in March and the jobless rate rose slightly, while the fall in employment was less than expected and vacancies continued to decline, giving more evidence of a cooling labor market to Bank of England that is preparing to lower interest rates soon.
RTTNews | 13 days ago
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Tuesday.
RTTNews | 13 days ago