Tag: Exchange Rates
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US dollar retreats amid cooler producer price inflation Daily Update
January 15 2025Pound (GBP) softens amid tax hike fears The pound (GBP) weakened during yesterday’s session, despite UK bond markets remaining relatively … read more
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US dollar spikes to new multi-month highs as markets trim Fed rate cut bets Daily Update
January 14 2025Pound (GBP) under pressure amid bond market volatility The pound (GBP) stumbled at the start of the week, sliding to fresh multi-month lows as UK … read more
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FX weekly forecast: Pound to test new multi-month lows amid UK bond turmoil? Weekly Forecast
January 13 2025Pound (GBP) The pound (GBP) could face an uphill battle this week amid ongoing turmoil in the UK bond market However, the latest UK consumer price … read more
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US dollar storms to multi-year highs as US payrolls smash expectations Daily Update
Pound (GBP) slips amid fresh debt concerns The pound (GBP) weakened late last week as rising UK borrowing costs once again spooked investors The … read more
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Pound extends downside amid bond market panic Daily Update
January 10 2025Pound (GBP) slides amid bond market turmoil The pound (GBP) faced ongoing selling pressure yesterday as the UK bond market selloff continued, with … read more
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US dollar surges amid fresh Trump tariff fears Daily Update
January 9 2025Pound (GBP) struggles amid UK debt concerns The pound (GBP) faced headwinds yesterday, weighed down by rising concerns over the impact of climbing … read more
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US dollar rebounds as services PMI beats forecasts Daily Update
January 8 2025Pound (GBP) subdued in absence of data The pound (GBP) was subdued yesterday as a lack of UK economic data left Sterling rudderless As a result, … read more
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Non-farm payrolls to drive US dollar volatility? Business News Economy News US Dollar (USD) Weekly Forecast
January 7 2025The latest US non-farm payrolls figure will be published on Friday, with the data potentially driving volatility in the US dollar At the time of … read more
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US dollar plummets on Trump tariff optimism Daily Update
Pound (GBP) muted as services PMI disappoints The pound (GBP) struggled for direction yesterday, following the release of the UK’s latest services … read more
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FX weekly forecast: Hawkish FOMC minutes to lift the US dollar? Weekly Forecast
January 6 2025Pound (GBP) UK economic data is in short supply this week As a result, we may see political developments drive movement in the pound (GBP) After a … read more