Tag: GBP
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US dollar dragged lower by downbeat data Daily Update
June 5 2025Pound (GBP) softens despite positive PMI The pound (GBP) struggled yesterday, despite the UK’s final services PMI printing higher than its … read more
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Euro retreats as Eurozone inflation cools ahead of ECB decision Daily Update
June 4 2025Pound (GBP) unsure amid interest rate ‘uncertainty’ The pound (GBP) traded in a wide range yesterday as markets digested mixed comments from … read more
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FX newsflash: ECB interest rate decision to drive EUR volatility Economy News Euro (EUR) Pound Sterling (GBP) US Dollar (USD)
June 3 2025The European Central Bank (ECB) will deliver its latest policy decision on Thursday, with any changes to forward guidance likely to affect EUR At … read more
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US dollar tumbles as tariff jitters stoke US economic concerns Daily Update
Pound (GBP) lacks momentum amid domestic data drought The pound (GBP) traded without clear direction at the start of the week, as a lack of UK … read more
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FX weekly forecast: Hawkish ECB forward guidance to bolster the euro? Weekly Forecast
June 2 2025Pound (GBP) May’s finalised services PMI is the only UK economic data of note this week An upwards revision could offer some modest support for … read more
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US dollar spikes as Trump claims China ‘totally violated’ tariff truce Daily Update
Pound (GBP) subdued following dovish BoE comments The pound (GBP) remained on the back foot at the close of last week, after Bank of England (BoE) … read more
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US dollar plummets amid downbeat US data Daily Update
May 30 2025Pound (GBP) choppy amid wider market trends The pound (GBP) traded without a clear direction yesterday amid an ongoing lack of UK economic … read more
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US dollar jumps after federal court blocks Trump’s tariffs Daily Update
May 29 2025Pound (GBP) drifts in absence of fresh catalysts The pound (GBP) traded without strong directional bias yesterday, as the continued lack of UK … read more
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US dollar rallies as Trump pauses tariffs on EU Daily Update
May 28 2025Pound (GBP) mixed amid IMF commentary The pound (GBP) saw mixed movement on Tuesday as markets digested the IMF’s latest health-check of the UK … read more
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FX weekly forecast: Robust US inflation to help reverse USD losses? Weekly Forecast
May 27 2025Pound (GBP) In the absence of any notable UK economic releases, the direction of the pound (GBP) is likely to be primarily influenced by wider … read more