Author: Samuel Birnie
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US dollar climbs on upbeat retail data Daily Update
July 17 2024Pound (GBP) subdued ahead of UK CPI The pound (GBP) was mixed yesterday as a lack of UK data left the currency trading without a clear … read more
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US dollar remains pressured amid Fed rate cut speculation Daily Update
July 16 2024Pound (GBP) rangebound amid lack of data The pound (GBP) was muted yesterday as a lack of UK economic data kept the currency confined to a narrow … 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
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Pound extends gains following strong week Daily Update
Pound (GBP) strengthens amid UK hopes The pound (GBP) extended its upside on Friday, ending a strong week of gains on positive footing Hopes of … read more
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US dollar plunges as US inflation cools Daily Update
July 12 2024Pound (GBP) boosted by stronger GDP The pound (GBP) strengthened yesterday after the UK’s latest GDP data beat expectations The British economy … read more
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Pound rallies following hawkish BoE comments Daily Update
July 11 2024Pound (GBP) rises as markets trim BoE bets The pound (GBP) rallied yesterday following hawkish comments from Bank of England (BoE) Chief Economist … read more
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US dollar recovers following Fed comments Daily Update
July 10 2024Pound (GBP) stumbles as UK election cheer fades The pound (GBP) was initially rangebound yesterday as the optimism around the recent UK election and … read more
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Pound climbs as new UK government pushes for growth Daily Update
July 9 2024Pound (GBP) rises amid hopes for Labour government Investors in the pound (GBP) reacted positively to the new UK government’s first actions in … read more
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US dollar touches multi-week lows as Treasury yields decline Daily Update
July 8 2024Pound (GBP) buoyed by UK election result The pound (GBP) enjoyed modest success on Friday after the Labour Party won a landslide in the UK general … read more
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Pound euro exchange rate rangebound following Labour election victory Euro (EUR) GBP to EUR Pound Sterling (GBP)
July 5 2024Pound euro (GBP/EUR) exchange rate steady following UK election The pound euro (GBP/EUR) exchange rate is rangebound today in the wake of a widely … read more