Tag: Canadian Dollar
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US dollar strengthens amid gloomy market mood Daily Update
November 11 2024Pound (GBP) directionless in quiet trade The pound (GBP) traded without a strong directional bias on Friday as GBP investors continued to digest the … read more
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Pound bolstered by hawkish BoE rate cut Daily Update
November 8 2024Pound (GBP) supported by hawkish BoE rate cut The pound (GBP) trended broadly higher on Thursday, following the Bank of England’s (BoE) latest … read more
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US dollar soars as Trump wins US presidential election Daily Update
November 7 2024Pound (GBP) slides amid concerns for UK economy The pound (GBP) slumped yesterday as Trump’s election victory raised fears about the UK’s … read more
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US dollar skyrockets as Trump heads for victory Daily Update
November 6 2024Pound (GBP) uncertain as BoE decision looms The pound (GBP) was mixed yesterday as markets largely ignored an upward revision to the UK’s final … read more
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US dollar slides as markets reprice US election expectations Daily Update
November 5 2024Pound (GBP) muted as focus turns to BoE The pound (GBP) traded in a narrow range through yesterday’s session as the dust continued to settle on … read more
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FX weekly forecast: US election to trigger dramatic swings in the US dollar? Weekly Forecast
November 4 2024Pound (GBP) The Bank of England (BoE) will deliver its latest interest rate decision on Thursday With a 25bps rate cut widely priced in, any … read more
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US dollar rocked by shocking payrolls figure Daily Update
Pound (GBP) rebounds from budget-induced selloff The pound (GBP) recovered from its post-budget slump on Friday as the anxiety in UK markets … read more
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Pound suffers selloff as budget anxiety grips UK markets Daily Update
November 1 2024Pound (GBP) slumps as UK borrowing costs soar The pound (GBP) suffered a bruising session yesterday as market anxiety in the wake of the Autumn … read more
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Pound fluctuates lower following Autumn Budget Daily Update
October 31 2024Pound (GBP) volatile as UK unveils budget The pound (GBP) was choppy yesterday as investors reacted to the unveiling of the UK’s Autumn … read more
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Pound extends upside ahead of Autumn Budget Daily Update
October 30 2024Pound (GBP) rises ahead of UK budget The pound (GBP) strengthened yesterday as optimism ahead of today’s Autumn Budget boosted the UK … read more