Tag: Federal Reserve
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US Dollar bounces off multi-week lows in wake of Fed minutes Daily Update
February 23 2024Pound (GBP) fluctuates despite strong PMI results The Pound (GBP) was volatile yesterday, despite the UK’s services PMI beating … read more
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Pound US Dollar (GBP/USD) exchange rate hits three-week high amid bullish trading conditions GBP to USD Pound Sterling (GBP) US Dollar (USD)
February 22 2024Pound US Dollar (GBP/USD) soars following UK PMIs The Pound US Dollar (GBP/USD) exchange rate is strengthening this morning amid cheery trading … read more
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US Dollar slips following Fed meeting minutes Daily Update
Pound (GBP) flat amid lack of data The Pound (GBP) traded sideways yesterday as a lack of UK economic data kept the currency confined to a narrow … read more
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Pound US Dollar (GBP/USD) exchange rate muted ahead of FOMC GBP to USD Pound Sterling (GBP) US Dollar (USD)
February 21 2024Pound US Dollar (GBP/USD) exchange rate subdued ahead of latest Fed minutes The Pound US Dollar (GBP/USD) exchange rate is trapped in a narrow range … read more
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US Dollar drops amid Fed rate cut bets Daily Update
Pound (GBP) whipsaws amid BoE rate cut bets The Pound (GBP) initially fell yesterday, briefly touching multi-week lows against some peers, as … read more
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Pound stumbles amid warning from former BoE policymaker Daily Update
February 20 2024Pound (GBP) slips amid BoE rate cut bets The Pound (GBP) softened yesterday following comments from former Bank of England (BoE) Chief Economist … read more
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Pound rocked by mixed data, US Dollar fluctuates amid persistent inflation Business News
February 19 2024GBP/EUR exchange rate: Pound rocked by unchanged inflation The Pound Euro (GBP/EUR) exchange rate traded in a wide range last week, amid highly … read more
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Pound US Dollar (GBP/USD) exchange rate muted despite rebound in UK retail sales GBP to USD Pound Sterling (GBP) US Dollar (USD)
February 16 2024Pound US Dollar (GBP/USD) exchange rate subdued despite upbeat UK retail sales The Pound US Dollar (GBP/USD) exchange rate is trapped in a narrow … read more
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Pound US Dollar (GBP/USD) exchange rate wavers near weekly low amid UK recession concerns GBP to USD Pound Sterling (GBP) US Dollar (USD)
February 15 2024Pound US Dollar (GBP/USD) subdued following bleak UK GDP data The Pound US Dollar (GBP/USD) exchange rate is trapped in a narrow range this morning … read more
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Pound tumbles after UK inflation falls short of expectations Daily Update
Pound (GBP) drops as UK inflation misses forecasts The Pound (GBP) fell sharply at the start of yesterday’s session, relinquishing Tuesday’s … read more