Tag: Australian Dollar
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GBP/USD slips to three-week low amid BoE rate cut speculation Daily Update
October 8 2024Pound (GBP) slips amid rising BoE rate cut expectations The pound (GBP) got off to a poor start this week, amid growing bets the Bank of England … read more
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FX weekly forecast: Slowing inflation to weaken the US dollar? Weekly Forecast
October 7 2024Pound (GBP) The only GBP data of note this week will be the UK’s latest GDP print The monthly figures may help to underpin the pound (GBP) if they … read more
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US dollar soars as US payrolls smash expectations Daily Update
Pound (GBP) firms as BoE Pill tempers rate cut bets The pound (GBP) mounted a recovery at the end of last week’s session, following comments by … read more
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Pound plummets as BoE Governor hints at more ‘aggressive’ rate cuts Daily Update
October 4 2024Pound (GBP) collapses following BoE Bailey comments The pound (GBP) plunged on Thursday as markets responded to recent comments from Bank of England … read more
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US dollar bolstered by stronger-than-expected US jobs data Daily Update
October 3 2024Pound (GBP) sidelined by potential infrastructure cuts The pound (GBP) traded in a narrow range yesterday amid fresh concern over the UK’s … read more
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US dollar rises amid Middle East fears Daily Update
October 2 2024Pound (GBP) muted as UK business confidence declines The pound (GBP) was mixed yesterday, with Sterling struggling against its stronger peers, … read more
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Euro slides as German inflation cools rapidly Daily Update
October 1 2024Pound (GBP) gains capped as UK GDP revised down The pound (GBP) firmed through yesterday’s session as a broadly upbeat market mood reflected … read more
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FX weekly forecast: Weak US jobs data to extend US dollar selloff? Business News Weekly Forecast
September 30 2024Pound (GBP) Aside from this morning’s finalised GDP figures, notable UK economic data is in short supply this week This may leave the pound (GBP) … read more
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US dollar stumbles following cooler inflation figures Daily Update
Pound (GBP) muted amid UK Budget concerns The pound (GBP) was subdued on Friday amid anxiety ahead of the UK’s Autumn Budget at the end of … read more
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US dollar slumps amid Fed rate cut bets Daily Update
September 27 2024Pound (GBP) strengthens in risk-on trade The pound (GBP) trended broadly higher on Thursday as the currency was underpinned by improving market … read more