Tag: Canadian Dollar

• FX weekly forecast: Uptick in US GDP to bolster the US dollar? Weekly Forecast

  July 22 2024

  Pound (GBP) The release of the UK’s latest PMIs will likely be the primary focus for GBP investors this week Expect to see the pound (GBP) … read more

• Pound stumbles as UK retail sales slump Daily Update

  Pound (GBP) dented by downbeat retail data The pound (GBP) slipped against its stronger peers on Friday following a much larger-than-forecast … read more

• Pound retreats as UK wage growth cools Daily Update

  July 19 2024

  Pound (GBP) weakens as UK wage growth cools The pound (GBP) stumbled yesterday, retreating from recent multi-month highs, following the latest UK … read more

• GBP/USD breaks above $1.30 following UK inflation Daily Update

  July 18 2024

  Pound (GBP) marches higher following UK CPI The pound (GBP) strengthened yesterday after the UK’s latest consumer price index saw markets trim … read more

• US dollar climbs on upbeat retail data Daily Update

  July 17 2024

  Pound (GBP) subdued ahead of UK CPI The pound (GBP) was mixed yesterday as a lack of UK data left the currency trading without a clear … read more

• US dollar remains pressured amid Fed rate cut speculation Daily Update

  July 16 2024

  Pound (GBP) rangebound amid lack of data The pound (GBP) was muted yesterday as a lack of UK economic data kept the currency confined to a narrow … read more

• Pound extends gains following strong week Daily Update

  July 15 2024

  Pound (GBP) strengthens amid UK hopes The pound (GBP) extended its upside on Friday, ending a strong week of gains on positive footing Hopes of … read more

• Pound rallies following hawkish BoE comments Daily Update

  July 11 2024

  Pound (GBP) rises as markets trim BoE bets The pound (GBP) rallied yesterday following hawkish comments from Bank of England (BoE) Chief Economist … read more

• US dollar recovers following Fed comments Daily Update

  July 10 2024

  Pound (GBP) stumbles as UK election cheer fades The pound (GBP) was initially rangebound yesterday as the optimism around the recent UK election and … read more

• Pound climbs as new UK government pushes for growth Daily Update

  July 9 2024

  Pound (GBP) rises amid hopes for Labour government Investors in the pound (GBP) reacted positively to the new UK government’s first actions in … read more