Author: Samuel Birnie
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US dollar inches higher amid rising US Treasury yields Daily Update
April 25 2024Pound (GBP) unclear following mixed data The pound (GBP) moved without a clear direction yesterday following mixed mid-tier data from the … read more
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Pound rallies as BoE policymaker pushes back on rate cut bets Daily Update
April 24 2024Pound (GBP) boosted by hawkish BoE comments The pound (GBP) strengthened yesterday after Bank of England (BoE) Chief Economist Huw Pill warned … read more
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Pound strikes multi-month lows as markets price in August rate cut Daily Update
April 23 2024Pound (GBP) tumbles as markets bet on BoE rate cuts The pound (GBP) fell to new multi-month lows yesterday as markets began pricing in an interest … read more
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Pound plunges as BoE policymaker forecasts sharp fall in inflation Daily Update
April 22 2024Pound (GBP) slumps amid BoE rate cut bets The pound (GBP) slumped at the end of last week after some dovish comments from Bank of England (BoE) … read more
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US dollar ticks higher as markets rein in Fed rate cut bets Daily Update
April 19 2024Pound (GBP) unclear in absence of data The pound (GBP) struggled to find a clear direction yesterday as a lack of UK economic data limited the … read more
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US dollar holds strong amid market anxiety Daily Update
April 17 2024Pound (GBP) uncertain following UK labour market data A jump in UK unemployment and slowing wage growth put some pressure on the pound (GBP) … read more
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US dollar regains ground as retail sales beat forecasts Daily Update
April 16 2024Pound (GBP) mixed amid lack of data The pound (GBP) was mixed yesterday as a lack of UK economic data left the currency exposed to … read more
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US dollar strikes fresh five-month high Daily Update
April 15 2024Pound (GBP) fluctuates following UK GDP The pound (GBP) traded in a wide range on Friday following mixed UK GDP results Although January’s GDP … read more
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Euro slides as ECB signals June rate cut Daily Update
April 12 2024Pound (GBP) struggles despite BoE rate cut pushback The pound (GBP) initially enjoyed some support yesterday after Bank of England (BoE) policymaker … read more
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US dollar soars after inflation beats forecasts Daily Update
April 11 2024Pound (GBP) fluctuates amid market volatility A lack of UK economic data left the pound (GBP) exposed to market volatility yesterday, with Sterling … read more