The pound strengthened on Monday, supported by political turbulence in France and Japan, reaching its highest level against the euro in nearly four weeks.
Pound Approaches Pre-Brexit Levels as French and German Economies Struggle
The pound inched closer to its highest level against the euro since Brexit as ongoing struggles in major European economies weighed on the single currency.
The pound has soared to its highest level against the euro in two and a half years.
The pound has climbed to its highest level against the euro in two and a half years, driven by expectations of interest rate cuts to bolster the struggling European economy.
Pound slumps to five-month low against euro
The pound dipped to its lowest against the euro in five months, triggered by concerns about the UK economy following a decline in retail sales.
The pound has experienced a surge in value and is now considered the top performing currency this year
With the Bank of England predicted to continue increasing interest rates, the pound has surged and is now recognized as the best-performing currency among developed economies this year.
The UK economy’s rebound into growth territory has caused the Pound Sterling to surge against the Euro and Dollar.
The UK economy has rebounded into growth territory, according to the latest S&P Global PMI survey findings, which suggests that the country will easily avoid a recession.
Europe’s Fossil Fuel Use Is Set to Plummet in 2023
As the European Union focuses on renewable energy sources to replace Russia’s energy supply, the amount of electricity generated from fossil fuels is expected to plummet.
Mode Global Holdings (AIM:MODE) Update on Fundraising Activities and Board Changes
Since the announcement on 13 July 2022 of the completion of a £2,000,000 convertible loan note fundraising, the Company has been in discussions with a number of counterparties in relation
Mystery leaks hit both Russian undersea gas lines, raising European suspicions
On Tuesday, European countries raced to investigate mysterious leaks in Russian gas pipelines that run under the Baltic Sea between Sweden and Denmark.
Mode Global Holdings (LON:MODE) Mode secures FCA approval to add more tokens
Mode Global Holdings PLC (LSE: MODE) (“Mode”), the LSE-listed fintech group, is pleased to announce that it has received confirmation from the FCA that Mode can add multi-tokens to the
EU backs Ukraine’s membership (official candidate for membership)
Friday’s European Union blessing was given to Ukraine by the bloc to be an official candidate for membership. This is a historic shift in Europe’s eastward outlook that has been
EU sanctions target Russian oil and banks with new EU sanctions
According to the EU’s top diplomat, new sanctions will be imposed on Russia by the European Union for its war on Ukraine. They will target Russia’s oil industry, banks, and