Tag: Exchange Rate
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US dollar slides alongside US Treasury yields Daily Update
February 26 2025Pound (GBP) finds success despite lacklustre data The pound (GBP) managed to rise against its weaker rivals yesterday, without a clear catalyst for … read more
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US dollar weakens after Trump hints at China trade deal Daily Update
February 21 2025Pound (GBP) wobbles following CBI data The pound (GBP) wavered without a clear direction yesterday amid the publication of the Confederation of … read more
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Pound fluctuates as BoE Governor brushes off jobs data Daily Update
February 19 2025Pound (GBP) choppy following jobs data and BoE comments The pound (GBP) fluctuated yesterday as Bank of England (BoE) Governor Andrew Bailey brushed … read more
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Euro falls following ECB remarks Daily Update
February 18 2025Pound (GBP) quiet ahead of high-impact data The pound (GBP) was muted yesterday as markets awaited high-impact British data later in the … read more
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FX weekly forecast: High-impact UK economic data to drive volatility in the pound? Weekly Forecast
February 17 2025Pound (GBP) The UK’s latest consumer price index and wage growth figures will be closely watched by GBP investors this week Any signs that … read more
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US dollar falters as Trump takes measured approach to reciprocal tariffs Daily Update
Pound (GBP) wobbles amid BoE rate cut speculation The pound (GBP) wavered on Friday amid fresh Bank of England (BoE) interest rate cut … read more
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US dollar falls and euro rises amid Russia-Ukraine peace hopes Daily Update
February 14 2025Pound (GBP) climbs as GDP beats forecasts The pound (GBP) rose yesterday following better-than-expected UK GDP figures The British economy … read more
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US dollar pulls back amid profit-taking Daily Update
February 12 2025Pound (GBP) rebounds as investors buy the dip The pound (GBP) initially weakened yesterday before regaining ground in the afternoon Some … read more
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US dollar volatile on weaker GDP and fresh tariff threats Daily Update
January 31 2025Pound (GBP) quiet as data thin on the ground The pound (GBP) was mostly muted yesterday amid an ongoing absence of UK economic data However, … read more
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US dollar climbs as Trump sparks fresh tariff fears Daily Update
January 29 2025Pound (GBP) mixed in absence of data The pound (GBP) moved without clear direction yesterday as a lack of British economic data left the currency … read more