Author: Matthew Andrews
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US dollar rallies as consumer spending rises Daily Update
September 2 2024Pound (GBP) muted amid lack of data The pound (GBP) was mostly rangebound as last week’s session came to a close Amid the continued absence of … read more
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Euro slides on weaker-than-expected German inflation figures Daily Update
August 30 2024Pound (GBP) falters amid budget speculation The pound (GBP) trended broadly lower yesterday as investors turned their attention to UK Chancellor … read more
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US dollar rebounds as investors turn cautious Daily Update
August 29 2024Pound (GBP) slips in gloomy trade The pound (GBP) trended broadly lower on Wednesday as a downbeat market mood sapped Sterling sentiment GBP also … read more
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GBP/USD strikes two-year high despite PM’s warning of ‘painful’ UK budget Daily Update
August 28 2024Pound (GBP) supported by BoE expectations The pound (GBP) ticked broadly higher through yesterday’s session, with GBP investors seemingly unfazed … read more
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FX weekly forecast: Cooling Eurozone inflation expected to weaken the euro Weekly Forecast
August 27 2024Pound (GBP) A speech by Keir Starmer on Tuesday could act as a headwind for the pound (GBP) this week as the UK Prime Minister is expected to warn … read more
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US dollar nosedives on dovish Fed Powell speech Daily Update
Pound (GBP) strengthened by BoE rate speculation The pound (GBP) closed last week’s session on a positive note as Thursday’s impressive UK PMI … read more
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Pound rallies as markets trim BoE rate cut bets on upbeat UK PMIs Daily Update
August 23 2024Pound (GBP) strengthens on upbeat PMIs The pound (GBP) rallied yesterday as GBP investors welcomed stronger-than-expected PMI figures from the … read more
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Pound shrugs off disappointing UK borrowing figures Daily Update
August 22 2024Pound (GBP) firms in spite of UK borrowing concerns The pound (GBP) ticked higher on Wednesday, despite data showing that UK government borrowing … read more
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Pound euro (GBP/EUR) exchange rate subdued on UK tax rise concerns GBP to EUR
August 21 2024Pound euro exchange rate rangebound as UK borrowing figures disappoint The pound euro (GBP/EUR) exchange rate is trading sideways this morning as … read more
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US dollar strikes new multi-month lows in upbeat trade Daily Update
Pound (GBP) buoyed by UK economic optimism The pound (GBP) trended broadly higher yesterday, with Sterling sentiment strengthening amid UK economic … read more