Stay updated with breaking news from Rate rangebound. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
May 6, 2021 - Written by John Cameron GBP/JPY Exchange Rate Rangebound as Japanese Economic Optimism Returns The Pound Japanese Yen (GBP/JPY) held steady today after the Bank of Japan (BoJ) revealed that it was optimistic about Japan’s vaccine rollout. The pairing is currently trading around ¥151.92. The Japanese Yen failed to gain against the Pound today despite yesterday’s modest but notably more bullish BoJ monetary policy minutes report. The BoJ minutes said: ‘Some members said while the beginning of vaccine rollouts was a positive sign, developments regarding the pandemic continue to warrant attention.’ However, the Bank also warned: ....
April 28, 2021 - Written by John Cameron GBP/AUD Exchange Rate Rangebound as Australian Economy Begins to Show Signs of Recovery The Pound Australian Dollar (GBP/AUD) exchange rate held steady today despite Australia’s latest consumer price index falling below forecasts of 0.9% to 0.6%. The pairing is currently fluctuating around AU$1.79. The Australian Dollar (AUD) rose despite the nation’s CPI falling well below the Reserve Bank of Australia’s (RBA) target. CommSec chief economist Craig James expressed confidence in Australia’s economy, however, saying: ‘The economy is recovering much quicker than initially expected and that could mean higher-than-expected price increases and a tighter job market.’ ....
April 27, 2021 - Written by John Cameron GBP/CAD Exchange Rate Rangebound as Canada’s Covid-19 Vaccines Pass 12-Million The Pound Canadian Dollar exchange rate held steady today as the daily amount of Covid-19 vaccinations in Canada has doubled since the beginning of April. The pairing is currently fluctuating around CA$1.72. The Canadian Dollar (CAD) has benefited from news that Canada has now surpassed 12-million Covid-19 vaccinations as the nation’s rollout continues to pick up steam. Canada’s Global News explains: ‘Canada’s COVID-19 doses administered per 100 people now stands at 31.30, as of April 24. It’s a rate that has doubled since the beginning of the month, with the country’s vaccination rate previously at 15.62 on April 1. ....
EUR/GBP Exchange Rate Rangebound as Europe’s Covid-19 Cases Remain High The Euro Pound exchange rate held steady today as Europe cautiously begins lifting Covid-19 restrictions. The pairing is currently fluctuating around €0.86. The Euro (EUR) failed to rise against the Pound today as numbers of coronavirus infections in Europe remain high. Nino Cartabellotta, head of the GIMBE Foundation health think tank has however warned about Italy’s easing of restrictions, saying: ‘Clearly if the gradual reopening is interpreted as a ‘free-for-all’, a new surge in infections risks compromising the summer season.’ However, Italy’s restaurants, bars and cinemas have partially reopened as the nation prepares for a debate around a major coronavirus recovery bill. ....
Euro US Dollar (EUR/USD) Exchange Rate Steady as Improving Risk Sentiment Weighs on 'Greenback' currencynews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from currencynews.co.uk Daily Mail and Mail on Sunday newspapers.