GBPCHF Forex News
Pound Strengthens As BoE Rate Cut Expectations Recede
The pound firmed against its major counterparts in the New York session on Monday, amid fading expectations of a rate cut from the Bank of England in June.
RTTNews
|
7h 57min ago
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
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
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
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
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
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
Swiss Franc Falls Against Majors
The Swiss franc weakened against other major currencies in the European session on Monday.
RTTNews
|
7 days ago
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
The British pound weakened against other major currencies in the European session on Tuesday.
RTTNews
|
13 days ago