Rising UK consumer credit to shore up pound
Pound exchange rates could find further support this morning on the back of October’s net consumer credit and mortgage approvals data.
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Pound exchange rates could find further support this morning on the back of October’s net consumer credit and mortgage approvals data.
The pound could lose some of its bullishness today if October’s UK consumer price index shows a fresh uptick on the year.
As forecasts point towards an uptick in October’s New Zealand food price index this could encourage the New Zealand dollar to make further gains tonig
In the wake of the US midterm elections the mood towards the US dollar has turned bearish, with investors discouraged by the prospect of a fresh polit
The pound could come under renewed pressure today on the back of the Bank of England’s (BoE) meeting minutes and quarterly Inflation Report.
Yesterday’s surprise stagnation in the monthly UK gross domestic product figure failed to weigh down pound exchange rates in the face of another bout
Growing market confidence in the prospect of another imminent Federal Reserve interest rate has kept the US dollar on a generally solid footing.