2023-08-04 12:43:17 Sterling pound Economists at the German Commerzbank provided their estimates for the movements of the pound sterling during the coming period, in light of the Bank of England’s steps regarding monetary policy. In this regard, experts explained that the Bank of England is trying to rebuild its credibility regarding its commitment to return … Read more
The global trading market witnessed a state of extreme volatility after the release of inflation, unemployment and producer prices data for the United States of America, which confirmed the US Federal Reserve’s inability to raise interest rates, according to what market participants priced today, Thursday, April 13, and it bounced back on trading indicators. This … Read more
Currency exchange rates against the Egyptian pound stabilized in trading today, Thursday, January 5, 2023, collectively, according to the official exchange rates announced on the website of the Central Bank of Egypt. The price of the dollar in the Central Bank of Egypt The dollar in the Central Bank of Egypt recorded about 26.36 pounds … Read more
Sterling fell on Wednesday, after a bigger-than-expected rise in consumer price inflation in Britain and fears of a deeper recession in the country fueled expectations that the Bank of England’s interest rate hike in November would be less severe. The yen rose from the lowest point in two weeks against a basket of major competing … Read more