Tag: Exchange Rates

• Pound edges higher on sticky inflation concerns Daily Update

  August 28 2025

  Pound (GBP) lifted by stronger PPI data The pound (GBP) gained ground against several peers on Wednesday, finding support from the latest UK … read more

• US dollar falters as Trump moves to oust Fed official Daily Update

  August 27 2025

  Pound (GBP) directionless amid mixed BoE rhetoric The pound (GBP) lacked clear momentum yesterday, with the absence of key UK data leaving the … read more

• FX weekly forecast: Uptick in US inflation to boost USD? Weekly Forecast

  August 26 2025

  Pound (GBP) With high-impact UK data releases scarce this week, the Confederation of British Industry’s (CBI) distributive trades survey stands … read more

• US dollar tumbles as Powell hints at rate cut Daily Update

  Pound (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

• US dollar regains momentum on upbeat PMI results Daily Update

  August 22 2025

  Pound (GBP) slips despite stronger data The pound (GBP) came under pressure yesterday, even though UK borrowing figures beat expectations and the … read more

• Euro strengthens on Ukraine peace hopes Daily Update

  August 21 2025

  Pound (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

• Pound buoyed by UK inflation figures Daily Update

  August 20 2025

  Pound (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

• Euro volatile amid Trump-Zelenskyy meeting in Washington Daily Update

  August 19 2025

  Pound (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

• FX weekly forecast: US dollar to slide on Powell’s Jackson Hole speech? Weekly Forecast

  August 18 2025

  Pound (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

• 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