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Pound Canadian Dollar Exchange Rate Dips as BoC Expectations of Strong Canadian Economic Rebound

Pound Canadian Dollar Exchange Rate Dips as BoC Expectations of Strong Canadian Economic Rebound | Currency News UK ....

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Pound Canadian Dollar (GBP/CAD) Exchange Rate Falls as Rising Oil Prices Boost 'Loonie'

Pound Canadian Dollar (GBP/CAD) Exchange Rate Falls as Rising Oil Prices Boost ‘Loonie’ | Currency News UK ....

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Euro Pound Exchange Rate Edges Higher as German Downgrades Covid-19 Risk Level | Euro Exchange Rate News

EUR/GBP Exchange Rate Rises on ‘Grounds for Optimism’ for Europe’s Reopening
The Euro Pound exchange rate rose by 0.4% today after Germany downgraded its Covid-19 risk level, buoying confidence in the recovery of the Eurozone’s largest economy. The pairing is currently fluctuating around £0.86.
The Euro (EUR) benefited from the German government’s downgrading of the nation coronavirus risk to ‘high’ from ‘very high’.
German health minister Jens Spahn said that the Government now has ‘grounds for optimism’ thanks to the nation’s rollout of Covid-19 vaccines.
In Eurozone conomic data, today saw the release of the latest Eurozone unemployment rate figure for April, which fell below forecasts from 8.1% to 8%. ....

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MPC to Retain Rates as Output Gap Remains Widened – Analysts | N

Analysts at CSL Stockbrokers have predicted that the monetary policy committee (MPC) of the Central Bank (CBN) will hold the monetary policy rate (MPR), and other key rates as the output gap remain widened after tepid economic growth in the first quarter (Q1) of 2021. “At the monetary policy committee (MPC) meeting ....

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Pound Australian Dollar (GBP/AUD) Exchange Rate Heads Higher as England's Lockdown Easing is Confirmed for May

May 11, 2021 - Written by John Cameron
GBP/AUD Exchange Rate Rises Ahead of May’s Easing of UK Lockdown Measures
The Pound Australian Dollar (GBP/AUD) exchange rate rose today after Prime Minister Boris Johnson confirmed that England’s lockdown will be eased on 17 May. The pairing is trading around AU$1.80 at the time of writing.
GBP rose against the ‘Aussie’ after the PM confirmed that England will enter the next stage of lockdown easing, with households to be allowed to socialise indoors.
Restaurants and bars will also be allowed to serve indoors.
Pound investors have become more optimistic about the outlook for the UK economy, with the easing of lockdown measures expected to further speed up the nation’s economic growth in the months ahead. ....

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