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April 13, 2021 - Written by John Cameron EUR/USD Exchange Rate Rangebound as Germany’s Investor Morale Struggled in March The Euro US Dollar (EUR/USD) exchange rate held steady today after German investor morale has suffered from fears of further Covid-19 restrictions. The pairing is currently fluctuating around $1.19. Germany’s ZEW survey of the current economic situation improved by 12.2 points, rising from -48.8 to -61 last month. ZEW President Professor Achim Wambach was however more optimistic, commenting: ‘The ZEW Indicator of Economic Sentiment is, however, still at a very high level and the current situation is assessed much more positively than in March. Fears of a stricter lockdown have led to a decline in expectations for private consumption. Nevertheless, the outlook for exports is better than in the previous month.’ ....
April 1, 2021 - Written by John Cameron GBP/USD Exchange Rate Rangebound as ‘Greenback’ is Buoyed by Safe-Haven Demand The Pound US Dollar exchange rate held steady today following President Joe Biden’s announcement of a $2 trillion infrastructure stimulus package. The pairing is currently fluctuating around $1.37. Mr. Biden commented on the stimulus plan: ‘It is not a plan that tinkers around the edges. It is a once-in-a-generation investment in America.’ He also added: ‘The divisions of the moment shouldn’t stop us from doing the right thing for the future. I’m convinced that if we act now, in 50 years people are going to look back and say this is the moment when America won the future.’ ....
Pound Japanese Yen (GBP/JPY) Exchange Rate Steady as Japan Lags Behind in Covid-19 Vaccine Rollout 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.
Pound South African Rand (GBP/ZAR) Exchange Rate Steady as UK-EU Tensions Weigh on UK Market Mood 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.
EUR/GBP Exchange Rate Rangebound as Lockdown Fears Haunt European Markets The Euro to Pound (EUR/GBP) exchange rate held steady today and is currently The Euro to Pound (EUR/GBP) exchange rate held steady today and is currently fluctuating around €0.85. ....