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Tue 22 Jan 2019 16:20GMT

France News

Latest 10 news items tagged France

Pound (GBP) Falls after Government Ramps Up ‘No-Deal’ Brexit Contingency Plans Published: 19 Dec at 4 PM 2018
Pound Sterling (GBP) The Pound (GBP) was weakened today after the release of disappointing UK inflation figures for November, which showed a rate of 0.0% after last month’s 0.1% rise, dampening market sentiment. However, today’s data publications have been overshadowed by Pound (GBP) investors’ focus on Brexit developments, particularly as the government announced that it was ramping up plans for a ‘no-deal’ Brexit scenario. This has further diminished confidence in British Prime Minister Theresa May’s UK-EU withdrawal...
Pound Sterling Struggles as New BoE Official Reveals Dovish Rate Hike Outlook Published: 26 Jun at 5 PM 2018
Pound Sterling (GBP) The Pound has fallen by -0.3% against the US Dollar today, in addition to trading tightly against the Euro. This disappointing performance has been caused by remarks from Bank of England (BoE) policymaker Jonathan Haskel, who will be starting work in September this year. Mr Haskel will be replacing hawkish policymaker Ian McCafferty but has been more dovish in his outlook, meaning that there may be few interest rate hikes over the coming years. Despite Mr Haskel’s approach to interest rates, Pound...
Euro to US Dollar Exchange Rate Fluctuates in Aftermath of European Central Bank Policy Decision Published: 26 Apr at 4 PM 2018
While European Central Bank (ECB) President Mario Draghi was cautiously optimistic during Thursday’s April ECB policy decision, he did not offer much clarity on the bank’s policy timeline and as a result the Euro to US Dollar (EUR/USD) exchange rate only saw a mixed benefit from the day’s news. US ecostats also helped the US Dollar to strengthen. So far this week, the EUR/USD exchange rate has tumbled and is on track to end the week lower. EUR/USD opened the week at the level of 1.2289 and has shed over a cent. At the time of...
British Pound Edges Away from Lows as Bank of England (BoE) Speculation Persists Published: 23 Apr at 5 PM 2018
Pound Sterling (GBP) Last week’s UK inflation data fell well short of expectations and comments from Bank of England (BoE) Governor Mark Carney were perceived as dovish by investors, causing Bank of England interest rate hike bets to slump. This caused broad Pound weakness throughout the week. On Monday, Sterling was supported slightly against some majors thanks to comments from some analysts arguing that a May interest rate hike from the BoE was still possible. However, if BoE interest rate hike bets remain low the Pound is...
British Pound (GBP) Gains as Investors Anticipate Major UK Stats for BoE Rate Hike Bets Published: 16 Apr at 1 PM 2018
Pound Sterling (GBP) Market anticipation for this week’s upcoming UK ecostats and the possibility that they could pave the way for a May interest rate hike from the Bank of England (BoE) left the Pound appealing against most major rivals on Monday morning. Despite a lack of notable supportive UK ecostats recently, as well as news that the UK had joined an air strike against Syria with the US and France, the Pound has remained a popular buy with investors due to confidence that the BoE will hike UK interest rates next month. UK...
British Pound (GBP) Sturdy as Bank of England (BoE) Interest Rate Hike Bets Firm Published: 10 Apr at 12 PM 2018
Pound Sterling (GBP) The Pound has continued to see relatively sturdy performance since markets opened this week and the British currency has been supported by strong UK housing data and hawkish comments from Bank of England (BOE) officials. Sterling remained appealing on Tuesday as BoE policymaker Ian McCafferty argued that another UK interest rate hike should not be delayed further. This boosted market bets that the BoE was preparing to hike UK interest rates again during its May decision next month. Demand for the Pound could...
Pound Traders Unsettled by Northern Irish Issues and BoE Report Published: 27 Jun at 4 PM 2017
Pound Sterling (GBP) On a busy day for UK political and economic news, the Pound has risen by 0.5% against the Euro but dropped by -0.3% against the US Dollar. Elsewhere, Pound movement has been just as mixed, showing how today’s news has unsettled Sterling traders. On the plus side, a recent Bank of England (BoE) financial stability report hasn’t been too alarming. Rising borrowing during the current low interest rates is flagged up as an issue, but otherwise the BoE sees UK banks in a stable light. Less supportively,...
First Day of Brexit Negotiations Leaves Pound (GBP) Investors Anxious Published: 19 Jun at 5 PM 2017
Pound Sterling (GBP) The Pound saw volatile trade on Monday as the first day of formal Brexit negotiations between Britain and the EU finally began. UK Brexit Secretary David Davis indicated that he aimed to make negotiations ‘positive and constructive’ as negotiators looked to set out a Brexit timetable and decide on the key priorities of talks. Amid a lack of fresh UK data and ongoing uncertainty about Britain’s political situation and the Brexit negotiation outlook, the Pound has been unable to recover this week. US...
Pound (GBP) Fluctuates on Widely Different UK Election Polls Published: 5 Jun at 1 PM 2017
Pound Sterling (GBP) Pound exchange rates saw mixed movement last week. The currency has become increasingly jittery with mere days to go until the UK general election and polls showing a wide variety of possible outcomes. Some polls continue to show the Conservatives will win a comfortably majority, while others suggest the race between Tories and opposition Labour party is far closer than that. On Monday morning, one poll from The Mail on Sunday had a tiny one point difference between the parties, while a poll from ICM and The...
Euro Surges as Polls Forecast Landslide Macron Presidential Victory Published: 25 Apr at 5 PM 2017
Pound Sterling (GBP) The Pound has fallen by -0.2% against the Euro but risen by 0.4% against the US Dollar today. This uncertain movement follows the news that the UK’s annual borrowing deficit in March is the lowest since the late 2000’s. While this historic figure has raised the Pound’s value, other borrowing data has seen the government miss targets in several areas. The next significant Pound movement is due on Friday, when first quarter GDP figures are announced. Estimates are for a slowdown in economic growth on the...

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