Tag: Exchange Rates
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US dollar slumps as energy prices soften Daily Update
March 17 2026Pound (GBP) weakens amid growth worries The pound (GBP) moved lower throughout yesterday’s session as concerns over the UK’s economic outlook … read more
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FX weekly forecast: Central banks to react to inflationary risks posed by Iran war Weekly Forecast
March 16 2026Pound (GBP) The Bank of England (BoE) is expected to leave interest rates unchanged when it concludes its latest policy meeting this week, placing … read more
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GBP/USD strikes three-month low as UK GDP stalls Daily Update
March 13 2026Pound (GBP) subdued amid energy price uncertainty The pound (GBP) struggled for direction on Thursday amid a lack of notable UK economic data and … read more
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US dollar recovers as market mood sours Daily Update
March 12 2026Pound (GBP) trades unevenly amid data drought The pound (GBP) moved within a broad range yesterday as the continued absence of UK economic releases … read more
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US inflation to infuse USD with volatility today? Daily Update
March 11 2026Pound (GBP) directionless amid sparse UK data The pound (GBP) was mixed yesterday as the absence of UK economic releases left the currency without … read more
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US dollar softens as oil prices retreat on Trump’s claim war is almost over Daily Update
March 10 2026Pound (GBP) pressured by surge in UK borrowing costs The pound (GBP) opened the week on the back foot as mounting inflation concerns tied to soaring … read more
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FX weekly forecast: Soaring oil prices to stoke currency volatility Weekly Forecast
March 9 2026Pound (GBP) The UK will publish its latest GDP figures this week Economists forecast that January’s month-on-month figures will show a modest … read more
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US dollar retreats on abysmal US payroll print Daily Update
Pound (GBP) supported as markets pare back BoE rate cut expectations The pound (GBP) traded with modest support on Friday as investors continued to … read more
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US dollar retreats from recent highs ahead of key payrolls report Daily Update
March 6 2026Pound (GBP) ticks higher amid energy price implications The pound (GBP) found some modest support against many of its currency peers yesterday as … read more
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US dollar slips as risk aversion eases Daily Update
March 5 2026Pound (GBP) directionless after services PMI The pound (GBP) traded in mixed fashion yesterday as investors digested the UK’s final services PMI … read more