Tag: GBP
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US dollar tumbles as Trump’s tax bill sparks debt fears Daily Update
May 27 2025Pound (GBP) climbs on upbeat retail figures The pound (GBP) strengthened at the end of last week, after UK retail sales figures for April came in … read more
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US dollar slides as Trump’s tax bill raises debt concerns Daily Update
May 23 2025Pound (GBP) recovers despite lukewarm data The pound (GBP) stumbled at the start of yesterday’s session after higher-than-forecast government … read more
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GBP/USD spikes to three-year high following UK inflation surge Daily Update
May 22 2025Pound (GBP) jumps as inflation surprises to the upside The pound (GBP) initially rallied on Wednesday morning after the UK’s latest CPI release … read more
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Pound slips following BoE remarks Daily Update
May 21 2025Pound (GBP) stumbles amid BoE commentary The pound (GBP) softened yesterday following mixed comments from Bank of England (BoE) Chief Economist Huw … read more
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Pound rallies following UK-EU relation reset Daily Update
May 20 2025Pound (GBP) supported by UK-EU trade breakthrough The pound (GBP) advanced against most major peers on Tuesday, buoyed by news of a fresh UK-EU … read more
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FX weekly forecast: Pound poised to rally on strong UK inflation figures Weekly Forecast
May 19 2025Pound (GBP) In addition to potential gains stemming from Monday’s UK-EU summit in London, the pound (GBP) will also be influenced by the UK’s … read more
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US dollar falters as US loses AAA credit rating Daily Update
Pound (GBP) slips amid profit-taking The pound (GBP) edged lower against most rivals at the end of last week, with the currency coming under … read more
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Pound rises as UK GDP beats forecasts Daily Update
May 16 2025Pound (GBP) boosted by stronger GDP The pound (GBP) rose against many of its rivals yesterday following stronger-than-expected UK GDP figures The … read more
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US dollar continues to be pressured by underwhelming inflation print Daily Update
May 15 2025Pound (GBP) supported by UK-EU summit optimism The pound (GBP) advanced against most major currencies on Wednesday, buoyed by investor optimism … read more
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US dollar dented as inflation eases Daily Update
May 14 2025Pound (GBP) wobbles following jobs data The pound (GBP) faced mixed movement yesterday following the UK’s latest jobs report, which revealed … read more