Tag: GBP
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US dollar slides as Trump trade begins to fizzle out Daily Update
November 18 2024Pound (GBP) slumps as UK GDP slows to a crawl The pound (GBP) was met by notable pressure on Friday, following the release of the UK’s latest GDP … read more
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US dollar climbs as ‘Trump trade’ continues Daily Update
November 15 2024Pound (GBP) undermined by ‘Trump trade’ The pound (GBP) found itself on the back foot yesterday amid ongoing fears that Donald Trump’s … read more
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US dollar firms as Fed official warns December rate cut is not guaranteed Daily Update
November 14 2024Pound (GBP) steady as BoE’s Mann warns of high inflation Trade in the pound (GBP) was mostly positive on Wednesday, as it drew support from … read more
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US dollar continues to climb amid fading Fed rate cut expectations Daily Update
November 13 2024Pound (GBP) slips following UK jobs data The pound (GBP) stumbled at the start of yesterday’s session after the UK unemployment rate leapt from 4% … read more
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US dollar bolstered by easing Fed rate cut bets Daily Update
November 12 2024Pound (GBP) subdued amid UK economic jitters The pound (GBP) opened this week on the defensive amid uncertainty over the impact Donald Trump’s … read more
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FX weekly forecast: Strong US inflation to strengthen the US dollar? Weekly Forecast
November 11 2024Pound (GBP) The UK’s latest GDP figures will be the primary focus for GBP investors this week Expect to see the pound (GBP) falter if they report … read more
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US dollar strengthens amid gloomy market mood Daily Update
Pound (GBP) directionless in quiet trade The pound (GBP) traded without a strong directional bias on Friday as GBP investors continued to digest the … read more
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Pound US dollar (GBP/USD) exchange rate slips amid souring market mood GBP to USD Pound Sterling (GBP) US Dollar (USD)
November 8 2024Pound US dollar (GBP/USD) exchange rate softens amid risk-off trade (Updated 15:40, 08/11/24) The pound US dollar (GBP/USD) exchange rate slipped … read more
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Pound bolstered by hawkish BoE rate cut Daily Update
Pound (GBP) supported by hawkish BoE rate cut The pound (GBP) trended broadly higher on Thursday, following the Bank of England’s (BoE) latest … read more
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US dollar soars as Trump wins US presidential election Daily Update
November 7 2024Pound (GBP) slides amid concerns for UK economy The pound (GBP) slumped yesterday as Trump’s election victory raised fears about the UK’s … read more