Tag: Exchange Rates
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US dollar rallies as US producer prices surge Daily Update
August 15 2025Pound (GBP) lifted by stronger-than-forecast GDP The pound (GBP) found some support yesterday after the UK’s second-quarter GDP figures surpassed … read more
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US dollar slumps amid calls for a 50bps rate cut Daily Update
August 14 2025Pound (GBP) lifted by hawkish BoE expectations The pound (GBP) advanced on Thursday, with support stemming from hawkish Bank of England (BoE) … read more
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Pound rises as UK jobs data trims BoE rate cut expectations Daily Update
August 13 2025Pound (GBP) gains on stronger labour market report The pound (GBP) advanced yesterday after UK jobs data came in stronger than anticipated, … read more
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Pound buoyed as UK labour figures outpace expectations Daily Update
August 12 2025Pound (GBP) steady ahead of key releases The pound (GBP) held its ground on Tuesday as traders awaited the release of the UK’s latest employment … read more
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FX weekly forecast: Pound to sink amid sharp deceleration in UK GDP? Weekly Forecast
August 11 2025Pound (GBP) The UK's latest GDP figures will likely act as the primary catalyst for movement for the pound (GBP) this week Expect Sterling to falter … read more
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US dollar strengthened by safe-haven demand Daily Update
Pound (GBP) eases on profit-taking The pound (GBP) ended last week on a softer note, amid some modest profit-taking This came after Thursday’s … read more
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Pound jumps as BoE policymakers split on rate cut decision Daily Update
August 8 2025Pound (GBP) climbs as markets reassess BoE easing outlook The pound (GBP) strengthened on Thursday after the Bank of England (BoE) voted by a narrow … read more
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Pound to slide on dovish BoE rate cut? Daily Update
August 7 2025Pound (GBP) subdued ahead of BoE announcement The pound (GBP) traded without clear direction on Wednesday, as investors braced for the Bank of … read more
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US dollar retreats as services PMI misses forecasts Daily Update
August 6 2025Pound (GBP) gains on revised services PMI The pound (GBP) found modest support yesterday, strengthening against some of the weaker currencies … read more
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US dollar extends post-payroll losses Daily Update
August 5 2025Pound (GBP) flat ahead of BoE decision The pound (GBP) traded in a narrow range on Monday, with little in the way of fresh drivers to inspire … read more