Tag: Canadian Dollar
-
US dollar stumbles as risk appetite improves Daily Update
August 19 2024Pound (GBP) trims gains after recovering retail sales The pound (GBP) strengthened as Friday’s session started, thanks to a 05% recovery in UK … read more
-
US dollar recovers on stronger retail sales Daily Update
August 16 2024Pound (GBP) buoyed by upbeat UK GDP The pound (GBP) attracted some bids yesterday thanks to a solid 06% expansion in the UK economy in the second … read more
-
Pound and US dollar dented by softer inflation readings Daily Update
August 15 2024Pound (GBP) slips as inflation misses forecasts The pound (GBP) fell yesterday after the UK’s consumer price index came in lower than expected, … read more
-
Pound rallies as UK jobs data beats forecasts Daily Update
August 14 2024Pound (GBP) strengthens on upbeat employment data The pound (GBP) jumped yesterday after stronger-than-forecast UK jobs data dampened expectations … read more
-
Pound quiet as GBP investors wait for upcoming data Daily Update
August 13 2024Pound (GBP) muted despite hawkish BoE remarks Hawkish comments from Bank of England (BoE) policymaker Catherine Mann failed to lift the pound (GBP) … read more
-
FX weekly forecast: High-impact UK data to drive volatility in the pound Weekly Forecast
August 12 2024Pound (GBP) GBP investors will be kept on their toes by a slew of high-impact UK economic releases this week Data including the UK’s latest … read more
-
Pound, euro and US dollar muted as market volatility subsides Daily Update
Pound (GBP) muted in absence of data The pound (GBP) was subdued on Friday, failing to find a clear trajectory amid a lack of UK economic data In … read more
-
Pound crawls up from multi-month lows Daily Update
August 9 2024Pound (GBP) inches up from recent lows After touching multi-month lows against some peers, the pound (GBP) managed to creep slightly higher during … read more
-
US dollar stumbles as risk appetite returns Daily Update
August 8 2024Pound (GBP) mixed in absence of data A lack of UK data left the increasingly risk-sensitive pound (GBP) to be driven by the market mood yesterday, … read more
-
Pound slides amid BoE rate cut bets and civil unrest Daily Update
August 7 2024Pound (GBP) extends downside amid BoE rate cut bets The pound (GBP) faced selling pressure yesterday as markets continued to price in the … read more