Tag: Canadian Dollar
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Euro recovers following ECB remarks Daily Update
June 18 2024Pound (GBP) mixed in absence of data The pound (GBP) initially dipped yesterday before clawing back its losses and trading broadly sideways … read more
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FX weekly forecast: pound to tumble as UK inflation cools? Weekly Forecast
June 17 2024Pound (GBP) The Bank of England (BoE) is likely to provide limited forward guidance following its latest policy meeting this week for fears of … read more
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US dollar strengthens as risk-off mood sweeps markets Daily Update
Pound (GBP) falls as market sentiment sours The pound (GBP) faced selling pressure on Friday as a souring market mood put pressure on the … read more
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US dollar firms as market sentiment sours Daily Update
June 14 2024Pound (GBP) uncertain amid lack of UK data The pound (GBP) moved without a clear direction yesterday as a lack of UK economic data kept the currency … read more
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US dollar tries to claw back losses following Federal Reserve decision Daily Update
June 13 2024Pound (GBP) subdued as UK economy stalls The UK’s latest GDP figures had little impact on the pound (GBP) yesterday, after they revealed that the … read more
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US dollar touches fresh one-month high ahead of Fed decision Daily Update
June 12 2024Pound (GBP) uncertain amid mixed employment report The pound (GBP) was mixed yesterday in the wake of the UK’s latest labour market … read more
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Euro slides amid EU political uncertainty Daily Update
June 11 2024Pound (GBP) muted amid lack of data The pound (GBP) was subdued yesterday amid an absence of UK economic data In addition, GBP investors were … read more
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FX weekly forecast: US dollar to rally on hawkish Fed rate decision? Weekly Forecast
June 10 2024Pound (GBP) The UK’s latest jobs report may drag on the pound (GBP) in the first half of this week, as signs of a cooling labour market or slowing … read more
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US dollar soars as payrolls report smashes forecasts Daily Update
Pound (GBP) rallies amid market volatility The pound (GBP) enjoyed support on Friday, with the UK currency benefitting from volatility in the wake … read more
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Euro climbs as ECB says interest rates to remain ‘restrictive’ Daily Update
June 7 2024Pound (GBP) uncertain amid economic forecasts The pound (GBP) traded without a clear trajectory on Thursday, despite the British Chambers of … read more