Tag: Canadian Dollar
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FX weekly forecast: US dollar to drop as US inflation slows? Weekly Forecast
July 8 2024Pound (GBP) In addition to Labour’s first moves in office, movement in the pound (GBP) may also be influenced by the UK’s latest GDP figures … read more
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US dollar touches multi-week lows as Treasury yields decline Daily Update
Pound (GBP) buoyed by UK election result The pound (GBP) enjoyed modest success on Friday after the Labour Party won a landslide in the UK general … read more
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Pound steady as Labour Party wins landslide Daily Update
July 5 2024Pound (GBP) quiet amid UK general election The pound (GBP) was muted yesterday as polling stations opened across the UK for the country’s general … read more
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US dollar slides as US service sector activity contracts Daily Update
July 4 2024Pound (GBP) buoyed by services PMI The pound (GBP) found some success yesterday after the UK’s finalised services PMI for June was revised … read more
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Euro falls as Eurozone inflation eases Daily Update
July 3 2024Pound (GBP) firms as risk appetite increases The pound (GBP) rose against many of its peers yesterday, despite a lack of UK economic data An … read more
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Euro strengthens following French election Daily Update
July 2 2024Pound (GBP) uncertain following mixed manufacturing PMI The pound (GBP) moved without a clear direction yesterday following the UK’s final … read more
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Pound struggles despite stronger UK GDP Daily Update
July 1 2024Pound (GBP) uninspired by upbeat GDP The pound (GBP) struggled to attract support on Friday, despite the UK’s final results for first-quarter GDP … read more
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US dollar retreats amid disappointing data Daily Update
June 28 2024Pound (GBP) resists losses despite financial stability fears The pound (GBP) found limited success yesterday, firming against its weaker rivals but … read more
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Pound stumbles as bleak sales data fuels UK economy worries Daily Update
June 27 2024Pound (GBP) slides amid downbeat retail data The pound (GBP) came under pressure yesterday following some downbeat data from the Confederation of … read more
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US dollar climbs as Fed official voices openness to rate hike Daily Update
June 26 2024Pound (GBP) ticks higher despite lack of data Despite a lack of fresh UK economic data, the pound (GBP) rose against its weaker rivals … read more