The pound US dollar exchange rate is holding steady today, with the pairing currently trading around $ 1.284 after UK retail sales growth came in at -0.1 percent in October due to pre-Brexit concerns and easing wage growth. Samuel Tombs, the Chief Economist at Pantheon Macroeconomics, was mixed in his assessment, saying: “Looking ahead, a modest slowdown in wage growth ...
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China to reward troops with cryptocurrency bonuses
CHINESE military chiefs are considering rewarding troops with cryptocurrency. Soldiers executing their duties with merit could have crypto added into special digital wallets, while those who underperform may even have assets removed. Daily Express :: City and Business Feed
Read More »Pound US dollar exchange rate: GBP/USD flat as US inflation rebounds
THE pound was left flat against the US dollar today as US inflation rose, leaving the pairing trading around $ 1.283. Daily Express :: City and Business Feed
Read More »Pound euro exchange rate steady as weak UK inflation fans Bank of England rate cut fears
THE pound euro exchange rate held steady today, with the pairing trading around €1.166 after the October’s UK inflation figure hit a three-year low at 1.5 percent. Daily Express :: City and Business Feed
Read More »Pound US dollar exchange rate: GBP/USD steady, UK employment eases in September
THE pound US dollar exchange rate is holding steady today, with the pairing trading around $ 1.283 after UK employment fell by 58,000 in the three months to September. Daily Express :: City and Business Feed
Read More »Pound euro exchange rate: GBP/EUR muted as UK labour market slows ahead of election
THE pound was left flat against the euro as data showed signs the UK labour market was cooling, leaving the pairing trading around €1.164. Daily Express :: City and Business Feed
Read More »Pound US dollar exchange rate: GBP/USD rallies as UK avoids recession
The pound rose against the dollar today as the UK avoided falling into recession during the third quarter, leaving the pairing trading at around $ 1.287. Sterling was provided with an upswing of support after the Office for National Statistics revealed the UK had escaped falling into a recession during the third quarter, although the rebound in Q3 growth was ...
Read More »Pound euro exchange rate: GBP/EUR rises, Brexit Party will not contest Tory seats
The pound euro exchange rate rose by 0.6 percent today, with the pairing trading around €1.16 after Brexit Party leader Nigel Farage announced that his party would not contest the 317 Tory-won seats ahead of the December 12 general election, stating that it was the best way to “prevent a second referendum”. Daily Express :: City and Business Feed
Read More »Bitcoin price tumbles – Cryptocurrency falls by $400 overnight
Bitcoin has stalled again, crashing by $ 400 overnight and leaving many traders wondering if recent price surges have been false rallies. Daily Express :: City and Business Feed
Read More »Pound Euro exchange rate: GBP/EUR flat as German exporters provide much-needed relief
The pound was left muted against the euro today as German export data provided a sense of relief for the single currency, leaving the pairing trading around €1.160. The pound failed to make any gains against the euro as German exporters reported the largest rise in outgoing trade in close to two years, buttressing the shared currency against Sterling. Daily ...
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