Tag: Exchange Rates
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Pound falters amid UK political uncertainty Daily Update
February 9 2026Pound (GBP) edges higher after BoE Pill remarks The pound (GBP) moved modestly higher at the end of last week, clawing back a portion of … read more
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Pound tumbles to one-week low as BoE narrowly votes to leave rates on hold Daily Update
February 6 2026Pound (GBP) tumbles after dovish BoE decision The pound (GBP) came under notable selling pressure on Thursday, following the Bank of England’s … read more
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Upcoming BoE and ECB policy updates take centre stage Daily Update
February 5 2026Pound (GBP) fluctuates following downward PMI adjustment The pound (GBP) moved within a limited range yesterday as market participants digested the … read more
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Euro under pressure as inflation cools further? Daily Update
February 4 2026Pound (GBP) directionless amid data drought The pound (GBP) struggled to find momentum on Tuesday as another quiet UK data calendar left Sterling … read more
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US dollar rebound continues amid market jitters Daily Update
February 3 2026Pound (GBP) supported by upbeat manufacturing PMI The pound (GBP) found modest support at the start of this week, following the publication of the … read more
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FX weekly forecast: Hawkish BoE to strengthen the pound? Weekly Forecast
February 2 2026Pound (GBP) The Bank of England (BoE) will deliver its first interest rate decision of the year on Thursday While no policy changes are expected … read more
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US dollar strengthens as Trump nominates new Fed Chair Daily Update
Pound (GBP) steady as BoE decision looms The pound (GBP) remained rangebound on Friday, with a continued lack of UK economic releases prompting GBP … read more
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US dollar rebounds from multi-year lows, will confirmation of Trump’s Fed pick extend the recovery? Daily Update
January 30 2026Pound (GBP) steady despite UK–China ties The pound (GBP) stayed locked in a tight range yesterday, with Sterling traders largely brushing off the … read more
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Euro slides after dovish signals from ECB Daily Update
January 29 2026Pound (GBP) directionless amid data drought The pound (GBP) lacked conviction yesterday, with an ongoing absence of economic releases leaving … read more
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US dollar sinks to fresh multi-year lows amid fading confidence in USD Daily Update
January 28 2026Pound (GBP) rangebound amid muted trading The pound (GBP) traded sideways on Tuesday, with a thin UK data schedule leaving Sterling without … read more