Tag: Canadian Dollar
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Euro retreats as Eurozone inflation cools ahead of ECB decision Daily Update
June 4 2025Pound (GBP) unsure amid interest rate ‘uncertainty’ The pound (GBP) traded in a wide range yesterday as markets digested mixed comments from … read more
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US dollar tumbles as tariff jitters stoke US economic concerns Daily Update
June 3 2025Pound (GBP) lacks momentum amid domestic data drought The pound (GBP) traded without clear direction at the start of the week, as a lack of UK … read more
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FX weekly forecast: Hawkish ECB forward guidance to bolster the euro? Weekly Forecast
June 2 2025Pound (GBP) May’s finalised services PMI is the only UK economic data of note this week An upwards revision could offer some modest support for … read more
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US dollar spikes as Trump claims China ‘totally violated’ tariff truce Daily Update
Pound (GBP) subdued following dovish BoE comments The pound (GBP) remained on the back foot at the close of last week, after Bank of England (BoE) … read more
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US dollar plummets amid downbeat US data Daily Update
May 30 2025Pound (GBP) choppy amid wider market trends The pound (GBP) traded without a clear direction yesterday amid an ongoing lack of UK economic … read more
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US dollar jumps after federal court blocks Trump’s tariffs Daily Update
May 29 2025Pound (GBP) drifts in absence of fresh catalysts The pound (GBP) traded without strong directional bias yesterday, as the continued lack of UK … read more
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US dollar rallies as Trump pauses tariffs on EU Daily Update
May 28 2025Pound (GBP) mixed amid IMF commentary The pound (GBP) saw mixed movement on Tuesday as markets digested the IMF’s latest health-check of the UK … read more
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FX weekly forecast: Robust US inflation to help reverse USD losses? Weekly Forecast
May 27 2025Pound (GBP) In the absence of any notable UK economic releases, the direction of the pound (GBP) is likely to be primarily influenced by wider … read more
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US dollar tumbles as Trump’s tax bill sparks debt fears Daily Update
Pound (GBP) climbs on upbeat retail figures The pound (GBP) strengthened at the end of last week, after UK retail sales figures for April came in … read more
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US dollar slides as Trump’s tax bill raises debt concerns Daily Update
May 23 2025Pound (GBP) recovers despite lukewarm data The pound (GBP) stumbled at the start of yesterday’s session after higher-than-forecast government … read more