Business News
Business, finance and forex news
Get the latest insights into how economic and political developments are impacting the forex market.
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FX weekly forecast: Weak US jobs data to extend US dollar selloff? Business News Weekly Forecast
September 30 2024Pound (GBP) Aside from this morning’s finalised GDP figures, notable UK economic data is in short supply this week This may leave the pound (GBP) … read more
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FX weekly forecast: Upbeat UK jobs data to lift the pound? Business News Weekly Forecast
September 9 2024Pound (GBP) The primary catalyst for the pound (GBP) this week will be the UK’s latest jobs An expected drop in unemployment in July may … read more
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US dollar rallies amid market correction, pound undermined by UK economic doubts Business News Euro (EUR) Pound Sterling (GBP) US Dollar (USD)
September 2 2024Pound retreats on UK economic pessimism The pound (GBP) initially wavered last week as UK markets closed in observance of the British bank … read more
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US dollar plummets on dovish Fed signals, pound boosted by UK economic optimism Business News
August 27 2024Pound reaches multi-month high as market pare BoE rate cut bets The pound trended broadly higher through the start of last week amid a sense of UK … read more
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US dollar falls amid ramped-up Fed rate cut bets, pound supported by positive data Business News
August 19 2024Pound volatile amid mixed data Trade in the pound was uneven last week as GBP investors contended with a deluge of high-impact UK economic … read more
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US dollar nosedives amid US recession fears, pound slumps amid BoE rate cut bets Business News
August 12 2024Pound strikes multi-month lows amid BoE rate cut bets The pound trended lower across the board on Monday as concerns of US economic weakness … read more
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US dollar nosedives amid ramped-up Fed rate cut bets, pound rocked following BoE rate cut Business News
August 5 2024Pound volatile as BoE lowers interest rates A data-light calendar saw the pound edge lower at the start of last week, as UK Chancellor Rachel Reeves … read more
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Pound knocked by BoE rate cut speculation, US dollar underpinned by robust US GDP Business News
July 29 2024Pound wobbles amid BoE rate uncertainty The pound (GBP) got off to a slow start last week, with the currency coming under pressure amid concerns … read more
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Pound rallies following UK inflation release, US dollar recovers from oversold conditions Business News
July 22 2024Pound trends higher on hot CPI A data-light calendar saw the pound trade without a clear direction at the start of last week Dovish commentary from … read more
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Pound surges following hawkish BoE comments, US dollar slumps amid September rate cut bets Business News
July 15 2024Pound surges as BoE officials cast doubt on August rate cut The pound (GBP) started last week strong as investors responded positively to the new … read more