Tag: Exchange Rate
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Fed and ECB interest rate decisions to see USD soar and EUR slump? Economy News Euro (EUR) US Dollar (USD) Weekly Forecast
January 28 2025This week, both the Federal Reserve and the European Central Bank (ECB) will announce their latest interest rate decisions A hawkish hold from the … read more
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US dollar tumbles as Trump pushes for lower US interest rates Daily Update
January 27 2025Pound (GBP) bolstered by robust services data The pound (GBP) strengthened at the close of last week's session after the UK’s services PMI … read more
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US dollar slumps as Trump’s first days rock currency market Economy News US Dollar (USD)
January 24 2025(Updated 13:00, 24/01/25) The US dollar (USD) has suffered notable losses this week, with Donald Trump’s early days in office proving negative for … read more
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Currency market quiet as markets brace for more Trump policies Daily Update
Pound (GBP) uncertain as investors ignore CBI data The pound (GBP) traded mostly sideways yesterday as a lack of notable UK economic data left … read more
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US dollar whipsaws as Trump signs flurry of executive orders Daily Update
January 22 2025Pound (GBP) softens following mixed jobs data The pound (GBP) trended lower during yesterday’s session following a mixed labour market report for … read more
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Lacklustre recovery in UK economy dents the pound Daily Update
January 17 2025Pound (GBP) softens following disappointing GDP The pound (GBP) stumbled yesterday after the UK’s latest GDP data missed market … read more
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US dollar retreats amid cooler producer price inflation Daily Update
January 15 2025Pound (GBP) softens amid tax hike fears The pound (GBP) weakened during yesterday’s session, despite UK bond markets remaining relatively … read more
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Pound extends downside amid bond market panic Daily Update
January 10 2025Pound (GBP) slides amid bond market turmoil The pound (GBP) faced ongoing selling pressure yesterday as the UK bond market selloff continued, with … read more
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US dollar rebounds as services PMI beats forecasts Daily Update
January 8 2025Pound (GBP) subdued in absence of data The pound (GBP) was subdued yesterday as a lack of UK economic data left Sterling rudderless As a result, … read more
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Non-farm payrolls to drive US dollar volatility? Business News Economy News US Dollar (USD) Weekly Forecast
January 7 2025The latest US non-farm payrolls figure will be published on Friday, with the data potentially driving volatility in the US dollar At the time of … read more