Tag: Canadian Dollar
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Pound slides as UK borrowing jumps Daily Update
January 23 2025Pound (GBP) softens as borrowing figures disappoint The pound (GBP) faced downward pressure yesterday following the release of the UK’s latest … read more
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US dollar whipsaws as Trump signs flurry of executive orders Daily Update
January 22 2025Pound (GBP) softens following mixed jobs data The pound (GBP) trended lower during yesterday’s session following a mixed labour market report for … read more
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US dollar rocked by Trump’s return to office Daily Update
January 21 2025Pound (GBP) struggles as BoE rate cut speculation builds The pound (GBP) faced headwinds yesterday as expectations for a Bank of England (BoE) … read more
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FX weekly forecast: Trump inauguration to herald new era of currency volatility? Weekly Forecast
January 20 2025Pound (GBP) This week will see the publication of the UK’s latest jobs report The pound (GBP) may come under pressure if November’s employment … read more
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US dollar retreats as Fed official hints at March rate cut Daily Update
Pound (GBP) weakens on poor retail sales data The pound (GBP) ended last week on the back foot as underwhelming UK retail sales figures added to … read more
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Lacklustre recovery in UK economy dents the pound Daily Update
January 17 2025Pound (GBP) softens following disappointing GDP The pound (GBP) stumbled yesterday after the UK’s latest GDP data missed market … read more
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Pound firms as UK inflation unexpectedly cools Daily Update
January 16 2025Pound (GBP) strengthens as inflation eases The pound (GBP) gained ground yesterday as markets welcomed a surprise … read more
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US dollar retreats amid cooler producer price inflation Daily Update
January 15 2025Pound (GBP) softens amid tax hike fears The pound (GBP) weakened during yesterday’s session, despite UK bond markets remaining relatively … read more
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US dollar spikes to new multi-month highs as markets trim Fed rate cut bets Daily Update
January 14 2025Pound (GBP) under pressure amid bond market volatility The pound (GBP) stumbled at the start of the week, sliding to fresh multi-month lows as UK … read more
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FX weekly forecast: Pound to test new multi-month lows amid UK bond turmoil? Weekly Forecast
January 13 2025Pound (GBP) The pound (GBP) could face an uphill battle this week amid ongoing turmoil in the UK bond market However, the latest UK consumer price … read more