GBP/EUR Exchange Rate Muted Ahead of ECB Announcement The Pound to Euro (GBP/EUR) exchange rate is mostly rangebound this morning as markets brace for the European Central Bank’s (ECB) policy announcement later this afternoon. At the time of writing the GBP/EUR exchange rate is trading at around €1.1171 , virtually unchanged from this morning’s opening rate. Euro (EUR) Poised […] The post GBP/EUR Exchange Rate Forecast: ECB’s €500bn Top-Up of PEPP Scheme to Bolster the Euro? appeared ...
By Peter Nurse Investing.com - The dollar has gained some buyers in early European trade Thursday, as tensions between China and the U.S. flared up again overnight, but gains against the euro have been limited ahead of the European Central Bank meeting.
By Noah Sin HONG KONG (Reuters) - China's plans to impose a national security law on Hong Kong and moves by the United States to begin withdrawing privileges enjoyed by the city under U.S. law have unsettled investors. They have also raised fears about the stability of the Hong Kong dollar's (HKD) 36-year old peg to its U.S. counterpart, prompting local officials to issue several reassurances.
By Peter Nurse Investing.com - The dollar has sold off in early European trade Wednesday, with riskier assets in demand as investors look for more fiscal stimulus amid signs of a global economic recovery.
(Bloomberg) -- The U.S. Treasury yield curve is approaching its steepest level in three years as policy responses to the coronavirus pandemic and glimmers of hope on the economic front drive a wedge between intermediate- and long-term interest rates.
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