Tag: Canadian Dollar
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US dollar falls and euro rises amid Russia-Ukraine peace hopes Daily Update
February 14 2025Pound (GBP) climbs as GDP beats forecasts The pound (GBP) rose yesterday following better-than-expected UK GDP figures The British economy … read more
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US dollar surges as US inflation climbs to seven-month high Daily Update
February 13 2025Pound (GBP) pressured by UK economic uncertainty The pound (GBP) struggled through yesterday’s session as ongoing concerns about the UK’s … read more
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US dollar pulls back amid profit-taking Daily Update
February 12 2025Pound (GBP) rebounds as investors buy the dip The pound (GBP) initially weakened yesterday before regaining ground in the afternoon Some … read more
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US dollar strengthens as Trump imposes new tariffs Daily Update
February 11 2025Pound (GBP) dips amid BoE rate cut speculation The pound (GBP) weakened throughout yesterday’s session as investors continued to price in further … read more
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FX weekly forecast: Fresh tariff turmoil and sticky US inflation set to boost the US dollar Weekly Forecast
February 10 2025Pound (GBP) This week sees the publication of the UK’s latest GDP figures, which could pull the pound (GBP) lower if they reveal that economic … read more
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US dollar wavers as Trump threatens metal tariffs Daily Update
Pound (GBP) lifted by hawkish BoE remarks The pound (GBP) edged higher at the end of last week after Bank of England (BoE) Chief Economist Huw Pill … read more
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Pound plummets as BoE cuts rates and slashes UK growth forecast Daily Update
February 7 2025Pound (GBP) plunges as BoE delivers dovish rate cut The pound (GBP) fell sharply on Thursday after the Bank of England (BoE) delivered a 25 basis … read more
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US dollar weakens as tariff fears ease Daily Update
February 6 2025Pound (GBP) struggles as UK services PMI disappoints The pound (GBP) was subdued on Wednesday as markets reacted to the UK’s latest services PMI … read more
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US dollar stumbles as Trump reverses course on tariffs Daily Update
February 5 2025Pound (GBP) steady as BoE decision looms The pound (GBP) struggled for direction on Tuesday as investors held off on making any major moves ahead of … read more
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EUR/USD rocked by EU-US trade war fears Daily Update
February 4 2025Pound (GBP) supported by hopes of strong UK-US ties The pound (GBP) outperformed many of its peers on Monday as markets remained optimistic that … read more