Author: Samuel Birnie
-
Pound falls following Bank of England decision Daily Update
June 21 2024Pound (GBP) slides as BoE close to cutting interest rates The pound (GBP) fell yesterday in the wake of the Bank of England’s (BoE) latest … read more
-
Pound wavers following UK inflation data Daily Update
June 20 2024Pound (GBP) wavers following mixed inflation figures The pound (GBP) initially rose yesterday despite the latest UK consumer price index reporting … read more
-
US dollar stumbles following disappointing retail sales Daily Update
June 19 2024Pound (GBP) slips amid signs of easing inflation The pound (GBP) fell yesterday as easing grocery inflation fuelled bets on a summer interest rate … read more
-
Euro recovers following ECB remarks Daily Update
June 18 2024Pound (GBP) mixed in absence of data The pound (GBP) initially dipped yesterday before clawing back its losses and trading broadly sideways … read more
-
US dollar strengthens as risk-off mood sweeps markets Daily Update
June 17 2024Pound (GBP) falls as market sentiment sours The pound (GBP) faced selling pressure on Friday as a souring market mood put pressure on the … read more
-
US dollar firms as market sentiment sours Daily Update
June 14 2024Pound (GBP) uncertain amid lack of UK data The pound (GBP) moved without a clear direction yesterday as a lack of UK economic data kept the currency … read more
-
US dollar tries to claw back losses following Federal Reserve decision Daily Update
June 13 2024Pound (GBP) subdued as UK economy stalls The UK’s latest GDP figures had little impact on the pound (GBP) yesterday, after they revealed that the … read more
-
US dollar touches fresh one-month high ahead of Fed decision Daily Update
June 12 2024Pound (GBP) uncertain amid mixed employment report The pound (GBP) was mixed yesterday in the wake of the UK’s latest labour market … read more
-
Euro slides amid EU political uncertainty Daily Update
June 11 2024Pound (GBP) muted amid lack of data The pound (GBP) was subdued yesterday amid an absence of UK economic data In addition, GBP investors were … read more
-
US dollar soars as payrolls report smashes forecasts Daily Update
June 10 2024Pound (GBP) rallies amid market volatility The pound (GBP) enjoyed support on Friday, with the UK currency benefitting from volatility in the wake … read more