Tag: Exchange Rates
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US dollar weakens as tariff fears ease Daily Update
February 6 2025Pound (GBP) struggles as UK services PMI disappoints The pound (GBP) was subdued on Wednesday as markets reacted to the UK’s latest services PMI … read more
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US dollar stumbles as Trump reverses course on tariffs Daily Update
February 5 2025Pound (GBP) steady as BoE decision looms The pound (GBP) struggled for direction on Tuesday as investors held off on making any major moves ahead of … read more
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EUR/USD rocked by EU-US trade war fears Daily Update
February 4 2025Pound (GBP) supported by hopes of strong UK-US ties The pound (GBP) outperformed many of its peers on Monday as markets remained optimistic that … read more
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FX weekly forecast: Trump tariffs and robust payrolls to turbocharge the US dollar? Weekly Forecast
February 3 2025Pound (GBP) The Bank of England’s (BoE) will deliver its latest interest rate decision on Thursday While there is a general consensus that the … read more
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US dollar climbs as Trump presses forward with tariffs Daily Update
Pound (GBP) subdued amid limited data The pound (GBP) remained largely rangebound on Friday, with a lack of key UK economic data leaving the … read more
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US dollar volatile on weaker GDP and fresh tariff threats Daily Update
January 31 2025Pound (GBP) quiet as data thin on the ground The pound (GBP) was mostly muted yesterday amid an ongoing absence of UK economic data However, … read more
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US dollar steady following Fed’s hawkish pause Daily Update
January 30 2025Pound (GBP) muted after Reeves's growth announcement The pound (GBP) remained largely flat on Tuesday following a key speech from UK Chancellor … read more
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US dollar climbs as Trump sparks fresh tariff fears Daily Update
January 29 2025Pound (GBP) mixed in absence of data The pound (GBP) moved without clear direction yesterday as a lack of British economic data left the currency … read more
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Pound firms amid improvement in UK economic outlook Daily Update
January 28 2025Pound (GBP) supported by UK growth hopes The pound (GBP) opened the week on solid footing, buoyed by optimism surrounding the UK government’s … read more
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FX weekly forecast: Hawkish Fed to revive the US dollar? Weekly Forecast
January 27 2025Pound (GBP) Notable UK economic releases are in short supply this week, which may leave the pound (GBP) exposed to wider market trends A cautious … read more