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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Pound pressured by BoE rate cut bets, US dollar undermined by cooling jobs market Business News
May 13 2024Pound pressured by signs of incoming BoE rate cuts Trade in the pound was muted at the beginning of last week, as bank holiday closures on Monday … read more
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US dollar stumbles on dovish Fed, pound knocked by gloomy UK economic forecasts Business News
May 7 2024Pound dented by bleak UK economic forecasts The pound (GBP) initially firmed last week as the increasingly risk-sensitive currency was supported by … read more
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Pound wobbles amid shifting BoE rate cut bets, US dollar fluctuates amid sticky inflation Business News
April 29 2024Pound seesaws amid shifting BoE rate cut bets The pound tumbled at the beginning of last week, as investors began to price in an August interest … read more
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Pound unwound by dovish BoE comments, US dollar fluctuates amid shifting trade Business News
April 22 2024Pound pressured by dovish BoE comments The pound began last week’s session in mixed form, as a lack of impactful data left it to be driven by … read more
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US dollar spikes on hot CPI, pound wavers amid lacklustre growth Business News
April 15 2024US dollar skyrockets amid hotter-than-forecast inflation The safe-haven US dollar opened last week’s on the defensive, as an increasing appetite … read more
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Pound fluctuates amid mixed final PMIs, US dollar spikes on strong payrolls Business News
April 8 2024Pound fluctuates amid mixed private sector data The pound began last week’s session on a muted note, as markets in the UK were closed in … read more
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Pound wavers amid lack of data, US dollar in flux despite robust economic data Business News
April 2 2024Pound wavers amid light data calendar The pound began last week’s session on an upbeat note, following the Confederation of British Industry’s … read more
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Pound slides as BoE signals rate cuts, US dollar fluctuates on shifting Fed rate cut expectations Business News
March 25 2024Pound plummets as BoE opens door to rate cuts The pound began last week’s session on wobbly ground, as a lack of UK economic data left Sterling … read more
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Pound rocked by BoE rate cut bets, US Dollar whipsaws as inflation accelerates Business News
March 18 2024Pound slides as mixed data prompts BoE rate cut bets The Pound began last week’s session on unsteady footing, as a lack of impactful data left GBP … read more
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Pound rallies despite muted Spring Budget, US Dollar slides as job market cools Business News
March 11 2024Pound climbs despite underwhelming Spring Budget The Pound firmed at the beginning of last week’s trade, as UK Chancellor Jeremy Hunt began to … read more