Business

Pound US dollar exchange rate improves as Federal Reserve hints at future rate cuts

The pound US dollar exchange rate edged higher today, with the pairing trading around $ 1.218 following dovish rate cut hints from the US central bank. Chicago Fed President Charles Evans said on Wednesday that the central bank’s policy had eased substantially since last year, but with slowing inflation and rising concerns over global trade, this could mean further rate cuts are required in the near-term. Daily Express :: City… Read More »Pound US dollar exchange rate improves as Federal Reserve hints at future rate cuts

Pound US Dollar exchange rate: GBP/USD rises as US-China tensions escalate

The pound has edged up against the US dollar this morning, taking the pairing to $ 1.218. On Tuesday morning, the European Union stated that there will be no further Brexit talks as long as the UK government insists on making changes to Theresa May’s withdrawal agreement. Negotiators stated that suggested changes, such as scrapping the Irish backstop, were unacceptable. Daily Express :: City and Business Feed

Pound euro exchange rate: GBP/EUR edges away from fresh two-year low

The pound euro exchange rate struck a fresh two-year low yesterday as the euro was bolstered by US dollar weakness. However, GBP/EUR has recovered 0.6 percent today to trade in the region of €1.087. The euro shed some of yesterday’s impressive gains this morning despite German factory orders data coming in slightly stronger than forecast. Daily Express :: City and Business Feed

Dulux launches new app that can match almost any colour you want

The days of decorating firms carrying the can when the paint colour they use doesn’t meet customers’ expectations could be over with the launch of a new accurate gadget from Dulux. The first of its kind in the UK, the Dulux Trade Colour Sensor works by scanning the desired colour, be that an item of clothing, cushion or a magazine picture. Daily Express :: City and Business Feed