Author: Samuel Birnie
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Bank of England policy decision rocks the pound Daily Update
May 10 2024Pound (GBP) wavers lower following BoE decision The pound (GBP) fluctuated yesterday, trending lower against its stronger peers, as the Bank of … read more
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US dollar climbs as market sentiment sours Daily Update
May 9 2024Pound (GBP) softens ahead of BoE decision The pound (GBP) fell against many of its peers yesterday, striking a two-week low against the euro (EUR), … read more
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Euro climbs despite mixed Eurozone data Daily Update
May 8 2024Pound (GBP) wobbles ahead of BoE decision The pound (GBP) wavered without a clear direction on Tuesday as a lack of UK data left the currency … read more
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US dollar tumbles following weaker jobs data Daily Update
May 7 2024Pound (GBP) subdued despite strong PMI The pound (GBP) struggled against its stronger peers on Friday, despite the UK’s final services PMI … read more
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Pound slides as OECD slashes UK growth forecasts Daily Update
May 3 2024Pound (GBP) stumbles amid economic concerns The pound (GBP) fell yesterday after the OECD slashed its growth forecasts for the UK The Paris-based … read more
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US dollar slumps in the wake of Fed decision Daily Update
May 2 2024Pound (GBP) muted following manufacturing PMI The pound (GBP) was subdued yesterday after the final UK manufacturing PMI for April confirmed a … read more
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Euro marches higher following upbeat data releases Daily Update
May 1 2024Pound (GBP) mixed as risk sentiment drives movement The pound (GBP) moved without a clear trajectory on Tuesday as a lack of UK economic data left … read more
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Pound rises amid risk-on market mood Daily Update
April 30 2024Pound (GBP) rises despite lack of data The pound (GBP) gained ground against many of its rivals yesterday, despite a lack of British economic … read more
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US dollar rallies amid signs of sticky inflation Daily Update
April 29 2024Pound (GBP) wobbles in absence of data The pound (GBP) wavered at the end of last week as a lack of UK economic data left Sterling struggling to … read more
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US dollar fluctuates lower as American economy slows Daily Update
April 26 2024Pound (GBP) underpinned by rate cut bet pullback The pound (GBP) enjoyed some success yesterday as an ongoing pullback in Bank of England (BoE) … read more