Tag: Euro
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US dollar tumbles as Powell hints at rate cut Daily Update
August 26 2025Pound (GBP) mixed amid absence of data The pound (GBP) lacked a clear direction on Friday, with a dearth of UK economic data leaving Sterling … read more
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US dollar regains momentum on upbeat PMI results Daily Update
August 22 2025Pound (GBP) slips despite stronger data The pound (GBP) came under pressure yesterday, even though UK borrowing figures beat expectations and the … read more
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Euro strengthens on Ukraine peace hopes Daily Update
August 21 2025Pound (GBP) struggles to hold on to inflation-driven boost The pound (GBP) opened yesterday on a firmer footing after UK inflation came in above … read more
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Pound buoyed by UK inflation figures Daily Update
August 20 2025Pound (GBP) muted by bond market moves The pound (GBP) was subdued yesterday as stronger bond prices reignited concerns over the UK’s fiscal … read more
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Euro volatile amid Trump-Zelenskyy meeting in Washington Daily Update
August 19 2025Pound (GBP) drifts in subdued trade The pound (GBP) was directionless in yesterday’s session, with recent Sterling strength fading amid a lack of … read more
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FX weekly forecast: US dollar to slide on Powell’s Jackson Hole speech? Weekly Forecast
August 18 2025Pound (GBP) The UK’s consumer price index release looks set to be the primary driver of movement in the pound (GBP) this week If July’s … read more
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Euro buoyed by Ukraine peace optimism Daily Update
Pound (GBP) dips amid end-of-week profit taking The pound (GBP) slipped back on Friday, as a round of profit-taking prompted investors to cash in on … read more
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US dollar rallies as US producer prices surge Daily Update
August 15 2025Pound (GBP) lifted by stronger-than-forecast GDP The pound (GBP) found some support yesterday after the UK’s second-quarter GDP figures surpassed … read more
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US dollar slumps amid calls for a 50bps rate cut Daily Update
August 14 2025Pound (GBP) lifted by hawkish BoE expectations The pound (GBP) advanced on Thursday, with support stemming from hawkish Bank of England (BoE) … read more
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Pound rises as UK jobs data trims BoE rate cut expectations Daily Update
August 13 2025Pound (GBP) gains on stronger labour market report The pound (GBP) advanced yesterday after UK jobs data came in stronger than anticipated, … read more