Tag: Euro
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US dollar firms as Fed official warns December rate cut is not guaranteed Daily Update
November 14 2024Pound (GBP) steady as BoE’s Mann warns of high inflation Trade in the pound (GBP) was mostly positive on Wednesday, as it drew support from … read more
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US dollar continues to climb amid fading Fed rate cut expectations Daily Update
November 13 2024Pound (GBP) slips following UK jobs data The pound (GBP) stumbled at the start of yesterday’s session after the UK unemployment rate leapt from 4% … read more
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US dollar bolstered by easing Fed rate cut bets Daily Update
November 12 2024Pound (GBP) subdued amid UK economic jitters The pound (GBP) opened this week on the defensive amid uncertainty over the impact Donald Trump’s … read more
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FX weekly forecast: Strong US inflation to strengthen the US dollar? Weekly Forecast
November 11 2024Pound (GBP) The UK’s latest GDP figures will be the primary focus for GBP investors this week Expect to see the pound (GBP) falter if they report … read more
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US dollar strengthens amid gloomy market mood Daily Update
Pound (GBP) directionless in quiet trade The pound (GBP) traded without a strong directional bias on Friday as GBP investors continued to digest the … read more
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Pound bolstered by hawkish BoE rate cut Daily Update
November 8 2024Pound (GBP) supported by hawkish BoE rate cut The pound (GBP) trended broadly higher on Thursday, following the Bank of England’s (BoE) latest … read more
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US dollar soars as Trump wins US presidential election Daily Update
November 7 2024Pound (GBP) slides amid concerns for UK economy The pound (GBP) slumped yesterday as Trump’s election victory raised fears about the UK’s … read more
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US dollar skyrockets as Trump heads for victory Daily Update
November 6 2024Pound (GBP) uncertain as BoE decision looms The pound (GBP) was mixed yesterday as markets largely ignored an upward revision to the UK’s final … read more
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US dollar slides as markets reprice US election expectations Daily Update
November 5 2024Pound (GBP) muted as focus turns to BoE The pound (GBP) traded in a narrow range through yesterday’s session as the dust continued to settle on … read more
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FX weekly forecast: US election to trigger dramatic swings in the US dollar? Weekly Forecast
November 4 2024Pound (GBP) The Bank of England (BoE) will deliver its latest interest rate decision on Thursday With a 25bps rate cut widely priced in, any … read more