Tag Archives: buoys

The pound slumped against the euro on Tuesday as election optimism waned, leaving the pairing trading at around €1.167. The euro was also supported by a better-than-forecast German consumer confidence index. Daily Express :: City and Business Feed

The pound rose against the US dollar this afternoon with the pairing currently trading at around $ 1.226 as the ‘greenback’ slumped on September data revealing the weakest US inflation reading since January. With US data also revealing a retreat in underlying inflation, expectations for another near-term Federal Reserve rate cut increased. Daily Express :: Finance Feed

The pound rose against the US dollar this afternoon with the pairing currently trading at around $ 1.226 as the ‘greenback’ slumped on September data revealing the weakest US inflation reading since January. With US data also revealing a retreat in underlying inflation, expectations for another near-term Federal Reserve rate cut increased. Daily Express :: City and Business Feed