Tag: Exchange Rates
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Pound plunges to three-week low as UK GDP miss stokes BoE rate cut bets Daily Update
July 14 2025Pound (GBP) sinks after surprise GDP drop The pound (GBP) came under pressure late last week as UK GDP data revealed an unexpected 01% decline in … read more
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US dollar recovers as jobless claims fall Daily Update
July 11 2025Pound (GBP) weakens amid UK economic anxiety The pound (GBP) fell yesterday as a lack of new data left investors to dwell on recent warning signs … read more
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US dollar fluctuates as Trump threatens new tariffs Daily Update
July 10 2025Pound (GBP) holds firm despite BoE Bailey’s cautious remarks The pound (GBP) traded sideways on Wednesday, finding stability after the sharp … read more
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Pound plunges amid UK fiscal fears Daily Update
July 9 2025Pound (GBP) slumps amid debt anxiety The pound (GBP) faced notable headwinds yesterday as the Office for Budget Responsibility’s (OBR) latest … read more
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US dollar fluctuates as Trump announces new tariff deadline Daily Update
July 8 2025Pound (GBP) supported by backing for Reeves The pound (GBP) advanced at the start of the week, as Prime Minister Keir Starmer’s public endorsement … read more
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FX weekly forecast: Trump’s tariff deadline threatens fresh US dollar volatility Weekly Forecast
July 7 2025Pound (GBP) The UK's latest GDP figures are likely to act as the primary catalyst for movement in the pound (GBP) this week If May's figures report … read more
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Pound dented by UK fiscal challenges Daily Update
Pound (GBP) slips as UK fiscal concerns mount The pound (GBP) edged lower at the end of last week as renewed worries about the UK’s economic … read more
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US dollar unable to hold post-payroll gains Daily Update
July 4 2025Pound (GBP) regains ground as Starmer backs Chancellor The pound (GBP) recouped some of Wednesday’s losses yesterday after Prime Minister Keir … read more
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Pound plummets on dovish BoE commentary Daily Update
July 3 2025Pound (GBP) pressured by dovish BoE remarks The pound (GBP) tumbled through Wednesday's session, after the Bank of England's (BoE) Alan Taylor … read more
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US dollar touches new three-year low as Senate votes on Trump tax bill Daily Update
July 2 2025Pound (GBP) unsure amid absence of data Movement in the pound (GBP) was uncertain yesterday as a lack of notable UK economic data left Sterling … read more