Tag: Exchange Rates
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FX weekly forecast: Dovish BoE rate cut to sink the pound? Weekly Forecast
August 4 2025Pound (GBP) The Bank of England (BoE) will deliver its latest interest rate decision later this week Market consensus is for a 25bps rate cut, which … read more
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US dollar nosedives on abysmal US payrolls data Daily Update
Pound (GBP) directionless amid lack of data The pound (GBP) saw uneven movement on Friday, with a continued lack of domestic data offering little … read more
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Pound suffers worst monthly losses since Liz Truss mini-budget Daily Update
August 1 2025Pound (GBP) wraps up July on the back foot The pound (GBP) closed out Thursday’s session lower across the board, rounding off its weakest monthly … read more
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US dollar extends bullish run on defiant Fed guidance Daily Update
July 31 2025Pound (GBP) uneven amid wider market trends The pound (GBP) struggled for direction on Wednesday, with the lack of fresh UK economic releases … read more
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US dollar to test new multi-month highs on hawkish Fed rate decision? Daily Update
July 30 2025Pound (GBP) steady amid mixed credit data The pound (GBP) struggled for direction on Tuesday following the publication of the Bank of England’s … read more
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Euro sinks on underwhelming EU-US trade deal Daily Update
July 29 2025Pound (GBP) edges higher despite UK economic concerns The pound (GBP) advanced at the start of the week, with the currency strengthening in the … read more
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FX weekly forecast: Hawkish Fed to bolster the US dollar? Weekly Forecast
July 28 2025Pound (GBP) Impactful UK economic data is in short supply this week This will likely leave Sterling sensitive to wider market trends, with the pound … read more
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GBP/EUR strikes new two-year low as EU and US sign trade deal Daily Update
Pound (GBP) slides as retail data disappoints The pound (GBP) lost ground at the end of last week, following a disappointing UK retail sales … read more
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Euro rebounds as ECB holds interest rates steady Daily Update
July 25 2025Pound (GBP) dips after lacklustre PMIs The pound (GBP) came under pressure on Thursday following disappointing PMI data, which showed an unexpected … read more
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Euro to rally if ECB pauses interest rates cuts? Daily Update
July 24 2025Pound (GBP) firms as sentiment improves The pound (GBP) traded with modest gains yesterday as an upbeat mood underpinned Sterling … read more