Tag: Federal Reserve
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Pound rises as BoE policymaker pushes back on interest rate cuts Daily Update
February 8 2024Pound (GBP) firms amid BoE commentary The Pound (GBP) found some success yesterday following remarks from Bank of England (BoE) Deputy Governor … read more
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Euro dented by downbeat Eurozone retail sales Daily Update
February 7 2024Pound (GBP) firms as investors buy the dip The Pound (GBP) enjoyed some dip-buying yesterday as investors sought to pick up a bargain in the wake of … read more
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Pound US Dollar (GBP/USD) exchange rate firms despite falling UK retail sales GBP to USD Pound Sterling (GBP) US Dollar (USD)
February 6 2024Pound US Dollar (GBP/USD) exchange rate ticks upward despite poor retail sales The Pound US Dollar (GBP/USD) exchange rate is edging higher this … read more
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US Dollar continues to climb as PMI beats forecasts Daily Update
Pound (GBP) slides despite positive services PMI The Pound (GBP) wavered lower yesterday, despite an upward revision to the UK’s final services … read more
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Pound fluctuates amid muddled BoE guidance, US Dollar soars on hawkish Fed rhetoric Business News
February 5 2024GBP/EUR exchange rate: Pound pressured by mixed BoE communication The Pound Euro (GBP/EUR) exchange rate seesawed last week, amid muddled messaging … read more
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Pound US Dollar (GBP/USD) exchange rate stumbles on hawkish Fed Powell remarks GBP to USD Pound Sterling (GBP) US Dollar (USD)
Pound US Dollar (GBP/USD) exchange rate softens on latest hawkish Fed comments The Pound US Dollar (GBP/USD) exchange rate is facing headwinds this … read more
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US Dollar skyrockets following strong payrolls data Daily Update
Pound (GBP) mixed amid lack of data The Pound (GBP) traded without a clear direction on Friday as a lack of UK economic data left the increasingly … read more
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Pound Canadian Dollar (GBP/CAD) exchange rate extends uptrend post BoE decision GBP to CAD Pound Sterling (GBP)
February 2 2024Pound Canadian Dollar (GBP/CAD) exchange rate trends up on hawkish BoE The Pound Canadian Dollar (GBP/CAD) exchange rate continues to trade … read more
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Pound rocked by BoE decision Daily Update
Pound (GBP) fluctuates amid BoE policy meeting The Pound (GBP) faced notable volatility yesterday as markets reacted to the Bank of England’s … read more
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Pound Australian Dollar (GBP/AUD) exchange rate rebounds as AU inflation misses forecasts Australian Dollar (AUD) GBP to AUD Pound Sterling (GBP)
February 1 2024Pound Australian Dollar (GBP/AUD) exchange rate trends up amid market volatility The Pound Australian Dollar (GBP/AUD) exchange rate has recovered … read more