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Euro US Dollar (EUR/USD) Exchange Rate Soars on Elevated Rate Hike Bets

The Euro US Dollar (EUR/USD) exchange rate is strengthening considerably on an upbeat market mood and hawkish rhetoric from the ECB.

Joachim nagelMadis mullerExchange rate surges on hawkishEuropean central bankEuro us dollar exchange rateSenior economist at caixin insight groupExchange rate surgesFurther tighteningCentral bankUpbeat marketWang zheSenior economistCaixin insight groupExchange rate forecastSoftening german inflationCurrency exchange

Pound To Canadian Dollar Rate Outlook: GBP/CAD Soars As Currency Markets Jubilant Following Brexit Deal

Pound (GBP) to Canadian Dollar (CAD) Exchange Rate Surges as Brexit Deal Finally Announced The Pound (GBP) roared higher against the Canadian Dollar (CAD) and majority of its other peers last week, amidst the jubilation that the UK and EU had finally reached a Brexit trade deal. But this was a far cry from how Sterling started the week, with GBP exchange rates in freefall amidst the panic surrounding the emergence of a new, more infectious strain of the coronavirus in the UK. Not only did this mutated strain force the UK government to impose stricter coronavirus restrictions in London and large parts of the South East, but it also prompted most parts of the EU to impose travel bans on the UK.

United kingdomCity ofStephen brennockJeffrey halleyColin lawrenceOil pricesExchange rate surges as brexit deal finallyInternational money transfer provider of the yearExchange ratesEuropean unionOil associatesCanadian dollarExchange rate surgesBrexit deal finallySouth eastSenior market analyst