Tag: Canadian Dollar
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US dollar recovers amid risk-off mood Daily Update
March 21 2025Pound (GBP) mixed amid BoE uncertainty The pound (GBP) was mixed yesterday as investors digested the Bank of England’s (BoE) interest rate … read more
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US dollar plunges to new multi-month low as Fed slashes US growth outlook Daily Update
March 20 2025Pound (GBP) steady ahead of BoE rate decision The pound (GBP) lacked clear direction on Wednesday, as investors remained cautious ahead of the Bank … read more
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US dollar fluctuates in anxious trade Daily Update
March 19 2025Pound (GBP) uncertain in absence of data The pound (GBP) moved without a clear trajectory yesterday amid a lack of UK economic data While GBP … read more
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Pound slips as OECD slashes UK 2025 growth forecast Daily Update
March 18 2025Pound (GBP) dips as UK growth outlook dims The pound (GBP) weakened on Monday after the Organisation for Economic Co-operation and Development … read more
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FX weekly forecast: BoE and Fed interest rate decisions in the spotlight Weekly Forecast
March 17 2025Pound (GBP) The Bank of England (BoE) is set to deliver its latest interest rate decision this week GBP investors will be looking for more clarity … read more
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US dollar falters as consumer sentiment plunges to two-year low Daily Update
Pound (GBP) stumbles as UK economy shrinks The pound (GBP) closed last week on the back foot following underwhelming UK growth data The UK’s … read more
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US dollar rises amid gloomy trade Daily Update
March 14 2025Pound (GBP) muted amid ongoing lack of data The pound (GBP) was mixed yesterday as an ongoing lack of UK economic data left the currency without a … read more
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US dollar underpinned by cooling inflation Daily Update
March 13 2025Pound (GBP) muted amid BoE policy uncertainty The pound (GBP) traded sideways yesterday amid uncertainty over Bank of England (BoE) monetary … read more
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US dollar slides amid tariff uncertainty Daily Update
March 12 2025Pound (GBP) firms as trade worries hit other currencies The pound (GBP) rose against many of its rivals yesterday, as concerns about escalating … read more
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US dollar languishes near multi-month low on US growth jitters Daily Update
March 11 2025Pound (GBP) trades sideways in quiet trade The pound (GBP) traded without any strong directional bias at the start of this week, with GBP exchange … read more