GBP/EUR Exchange Rate Dips as Eurozone GDP Edges Slightly Higher in First Quarter The Pound to Euro (GBP/EUR) exchange rate is currently trading around €1.12 this morning, with pairing down by -0.3% from the opening rates despite a slew of negative Eurozone economic data. The Euro (EUR) managed to edge higher against Sterling despite Germany’s […]
By Stanley White TOKYO (Reuters) - Japanese investors have clipped the wings of a resurgent U.S. dollar as they position for the likelihood that the U.S. Federal Reserve will take steps to flatten the Treasury yield curve. Ahead of the Fed's two-day policy meeting that ends on Wednesday, speculation is growing that the U.S. central bank might adopt yield targets on bonds, or some other measures to anchor long-term yields.
By Peter Nurse Investing.com - The dollar pushed slightly higher in early European trade Tuesday, but ranges are tight as investors look to the next meeting of the Federal Reserve for guidance.