Tag: Canadian Dollar
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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
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FX weekly forecast: US dollar to test new lows if inflation cools? Weekly Forecast
March 10 2025Pound (GBP) The UK will publish its latest GDP figures this week Economists forecast January’s month-on-month figures will report a softening … read more
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Euro enjoys best week in 16 years Daily Update
Pound (GBP) benefits from broader FX weakness The pound (GBP) climbed at the end of last week, taking advantage of the struggles of many of its … read more
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Euro buoyed as ECB signals slower pace of rate cuts Daily Update
March 7 2025Pound (GBP) slides amid lack of support The pound (GBP) fell against many of its rivals yesterday, as a lack of UK data left the currency vulnerable … read more
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US dollar strikes new multi-month lows on US recession fears Daily Update
March 6 2025Pound (GBP) falters despite BoE’s hawkish stance The pound (GBP) initially strengthened yesterday, as optimism over Germany’s new debt brake … read more
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Markets rocked as Trump tariffs go ahead Daily Update
March 5 2025Pound (GBP) uncertain in absence of data The pound (GBP) traded without a clear direction yesterday as a lack of UK data left Sterling … read more
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Euro rallies on Ukrainian peace deal optimism Daily Update
March 4 2025Pound (GBP) buoyed by European optimism The pound (GBP) trended broadly higher through yesterday’s session as a general sense of optimism in … read more
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FX weekly forecast: Euro to tumble on dovish ECB rate cut? Weekly Forecast
March 3 2025Pound (GBP) Bank of England (BoE) Governor Andrew Bailey will testify before the Treasury select committee this week Some analysts expect Bailey’s … read more
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US dollar soars as Trump confirms tariffs Daily Update
February 28 2025Pound (GBP) unfazed by trade concerns The pound (GBP) strengthened against many of its peers yesterday amid hopes that the UK is less vulnerable to … read more
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Pound firms ahead of Starmer-Trump meeting Daily Update
February 27 2025Pound (GBP) strengthens as Starmer-Trump talks loom The pound (GBP) advanced during yesterday’s session, benefitting from weakness in several of … read more