Monday , January 27 2020

Tag Archives: rate

Pound euro exchange rate: GBP/EUR steady as the European Central Bank keeps rates on hold | City & Business | Finance

In the ECB’s accompanying statement the bank reiterated that interest rates would remain flat until the bloc’s inflation outlook is seen to “robustly converge” to just below 2 percent. The euro remained unmoved against the pound, however, as the bank maintains its “wait and see” approach to policy.  The newly appointed …

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Pound US Dollar exchange rate: GBP/USD flat as BoE decision ‘genuine toss up’ | City & Business | Finance

Tomorrow’s PMI data will remain in focus as it could help markets decide if the bank is likely to slash rates next week, or whether they will need to await further evidence of the British economy’s performance following December’s General Election. Yesterday’s GBP rally was supported by the latest Confederation of …

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