Author: Samuel Birnie
-
Lacklustre recovery in UK economy dents the pound Daily Update
January 17 2025Pound (GBP) softens following disappointing GDP The pound (GBP) stumbled yesterday after the UK’s latest GDP data missed market … read more
-
US dollar retreats amid cooler producer price inflation Daily Update
January 15 2025Pound (GBP) softens amid tax hike fears The pound (GBP) weakened during yesterday’s session, despite UK bond markets remaining relatively … read more
-
Pound extends downside amid bond market panic Daily Update
January 10 2025Pound (GBP) slides amid bond market turmoil The pound (GBP) faced ongoing selling pressure yesterday as the UK bond market selloff continued, with … read more
-
US dollar rebounds as services PMI beats forecasts Daily Update
January 8 2025Pound (GBP) subdued in absence of data The pound (GBP) was subdued yesterday as a lack of UK economic data left Sterling rudderless As a result, … read more
-
Non-farm payrolls to drive US dollar volatility? Business News Economy News US Dollar (USD) Weekly Forecast
January 7 2025The latest US non-farm payrolls figure will be published on Friday, with the data potentially driving volatility in the US dollar At the time of … read more
-
Pound slides as Bank of England holds interest rates in 6-3 split decision Economy News Pound Sterling (GBP) US Dollar (USD)
December 19 2024(Updated 14:50, 19/12/2024) The Bank of England (BoE) left interest rates unchanged on Thursday as it announced its final policy decision of … read more
-
Pound climbs as wage growth accelerates ahead of BoE meeting Daily Update
December 18 2024Pound (GBP) firms on strong wage growth The pound (GBP) strengthened yesterday after rising UK wage growth dampened bets on a Bank of England (BoE) … read more
-
FX newsflash: Federal Reserve and Bank of England decisions to drive volatility? Business News Economy News Pound Sterling (GBP) US Dollar (USD)
December 17 2024This week, both the Federal Reserve and the Bank of England (BoE) will announce their final interest rate decisions of 2024, with the outcomes likely … read more
-
Pound rallies as services PMI beats forecasts Daily Update
Pound (GBP) boosted by PMI survey The pound (GBP) rallied yesterday after the UK’s preliminary services PMI for December outpaced expectations, … read more
-
FX weekly forecast: Federal Reserve decision to bolster the US dollar? Weekly Forecast
December 16 2024What’s happening this week - Hawkish Federal Reserve rate cut likely to boost USD - BoE rate decision may infuse volatility in GBP - Decline in … read more