Tag: Exchange Rates
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FX weekly forecast: UK spending cuts to weigh on Sterling? Weekly Forecast
March 24 2025Pound (GBP) There are several UK economic releases of note this week, including last month’s inflation figures However, this might be overshadowed … read more
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US dollar firms amid cautious market mood Daily Update
Pound (GBP) pressured by rising UK borrowing The pound (GBP) struggled for support at the end of last week after UK public sector borrowing came in … read more
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US dollar recovers amid risk-off mood Daily Update
March 21 2025Pound (GBP) mixed amid BoE uncertainty The pound (GBP) was mixed yesterday as investors digested the Bank of England’s (BoE) interest rate … read more
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US dollar plunges to new multi-month low as Fed slashes US growth outlook Daily Update
March 20 2025Pound (GBP) steady ahead of BoE rate decision The pound (GBP) lacked clear direction on Wednesday, as investors remained cautious ahead of the Bank … read more
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US dollar fluctuates in anxious trade Daily Update
March 19 2025Pound (GBP) uncertain in absence of data The pound (GBP) moved without a clear trajectory yesterday amid a lack of UK economic data While GBP … read more
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Fed and BoE decisions to drive volatility in USD and GBP? Business News Economy News Pound Sterling (GBP) US Dollar (USD)
March 18 2025Both the Federal Reserve and the Bank of England (BoE) meet to set monetary policy this week, with the central banks’ forward guidance potentially … read more
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Pound slips as OECD slashes UK 2025 growth forecast Daily Update
Pound (GBP) dips as UK growth outlook dims The pound (GBP) weakened on Monday after the Organisation for Economic Co-operation and Development … read more
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FX weekly forecast: BoE and Fed interest rate decisions in the spotlight Weekly Forecast
March 17 2025Pound (GBP) The Bank of England (BoE) is set to deliver its latest interest rate decision this week GBP investors will be looking for more clarity … read more
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US dollar falters as consumer sentiment plunges to two-year low Daily Update
Pound (GBP) stumbles as UK economy shrinks The pound (GBP) closed last week on the back foot following underwhelming UK growth data The UK’s … read more
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US dollar rises amid gloomy trade Daily Update
March 14 2025Pound (GBP) muted amid ongoing lack of data The pound (GBP) was mixed yesterday as an ongoing lack of UK economic data left the currency without a … read more