Tag: Canadian Dollar
-
US dollar weakens amid improving market mood Daily Update
October 29 2024Pound (GBP) underpinned by budget hopes The pound (GBP) rose against its weaker rivals yesterday as GBP investors were cautiously optimistic ahead … read more
-
FX weekly forecast: Unveiling of UK budget to trigger volatility in the pound? Weekly Forecast
October 28 2024Pound (GBP) The publication of the UK’s long-awaited Autumn Budget will no doubt act as the primary catalyst of movement for the pound (GBP) this … read more
-
Pound steady as UK budget looms Daily Update
Pound (GBP) stable amid budget hopes The pound (GBP) edged higher at the end of last week’s session as recent jitters over the UK’s looming … read more
-
Pound recovers as UK Chancellor confirms change to fiscal rules Daily Update
October 25 2024Pound (GBP) rebounds amid budget optimism The pound (GBP) rallied yesterday, shrugging off a surprisingly weak services PMI, amid hopes that the UK … read more
-
GBP/USD slides to two-month low amid ‘Trump trade’ Daily Update
October 24 2024Pound (GBP) dented by budget jitters The pound (GBP) struggled to attract support during yesterday’s session amid ongoing concern over the UK’s … read more
-
Pound falls as higher public borrowing fuels budget fears Daily Update
October 23 2024Pound (GBP) stumbles amid UK tax rise fears The pound (GBP) fell yesterday as a rise in UK government borrowing fuelled worries about the upcoming … read more
-
US dollar firms as US Treasury yields surge Daily Update
October 22 2024Pound (GBP) subdued amid tax hike speculation The pound (GBP) traded sideways at the start of this week’s session, as GBP investors grew … read more
-
FX weekly forecast: Strong UK services PMI to bolster the pound? Weekly Forecast
October 21 2024Pound (GBP) The UK’s preliminary PMIs for October are likely to drive movement in the pound (GBP) this week If they show that growth in the … read more
-
US dollar slides as market risk appetite improves Daily Update
Pound (GBP) buoyed by positive retail sales print The pound (GBP) closed last week’s session on a positive note, following the release of the … read more
-
Euro falls as ECB cuts interest rates Daily Update
October 18 2024Pound (GBP) licks wounds following UK CPI The pound (GBP) was mixed yesterday as a lack of new data left GBP investors to dwell on Wednesday’s … read more