Tag: Exchange Rates
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US dollar soars as conflict escalates in the Middle East Daily Update
March 4 2026Pound (GBP) supported as markets dial back BoE rate cut bets The pound (GBP) moved within a broad range yesterday but still advanced against several … read more
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EUR/USD plunges as Iran conflict triggers surge in European energy prices Daily Update
March 3 2026Pound (GBP) supported by firmer BoE expectations The pound (GBP) was volatile yesterday as markets reacted to the sharp rise in European energy … read more
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FX weekly forecast: Conflict with Iran to bolster US dollar demand Weekly Forecast
March 2 2026Pound (GBP) The focus for GBP investors this week will be on Chancellor Rachel Reeves’s Spring Statement and accompanying forecasts from the … read more
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US dollar rallies as US launches military strikes against Iran Daily Update
Pound (GBP) pressured by by-election fallout The pound (GBP) ended last week on weaker footing as renewed political uncertainty weighed on market … read more
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Pound retreats amid crushing by-election defeat for Labour Daily Update
February 27 2026Pound (GBP) weighed down by UK political uncertainty The pound (GBP) fell sharply on Thursday as amid UK political jitters as voters in Gorton and … read more
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Political uncertainty to put the pound on the back foot? Daily Update
February 26 2026Pound (GBP) lifted by upbeat market sentiment The increasingly risk-sensitive pound (GBP) advanced against its traditional safe-haven counterparts … read more
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Pound rallies after hawkish BoE signals Daily Update
February 25 2026Pound (GBP) strengthens on BoE commentary The pound (GBP) traded unevenly for much of yesterday’s session before gaining traction later in the … read more
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US dollar pressured by Trump’s new global tariffs Daily Update
February 24 2026Pound (GBP) remains underpinned by upbeat data The pound (GBP) moved broadly higher yesterday, with Friday's stronger-than-expected batch of UK … read more
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FX weekly forecast: Fresh tariff uncertainty to undermine the US dollar? Weekly Forecast
February 23 2026Pound (GBP) The outcome of the Gorton and Denton by-election is expected to be a major driver for the pound (GBP) this week, as a significant … read more
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US dollar retreats as US Supreme Court strikes down Trump’s tariffs Daily Update
Pound (GBP) rallies on upbeat UK data The pound (GBP) ended last week on firm footing after the UK’s latest PMI readings and retail sales data … read more