Tag: interest rates
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US dollar tumbles as Powell hints at rate cut Daily Update
August 26 2025Pound (GBP) mixed amid absence of data The pound (GBP) lacked a clear direction on Friday, with a dearth of UK economic data leaving Sterling … read more
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US dollar regains momentum on upbeat PMI results Daily Update
August 22 2025Pound (GBP) slips despite stronger data The pound (GBP) came under pressure yesterday, even though UK borrowing figures beat expectations and the … read more
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Euro strengthens on Ukraine peace hopes Daily Update
August 21 2025Pound (GBP) struggles to hold on to inflation-driven boost The pound (GBP) opened yesterday on a firmer footing after UK inflation came in above … read more
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Pound buoyed by UK inflation figures Daily Update
August 20 2025Pound (GBP) muted by bond market moves The pound (GBP) was subdued yesterday as stronger bond prices reignited concerns over the UK’s fiscal … read more
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US dollar rallies as US producer prices surge Daily Update
August 15 2025Pound (GBP) lifted by stronger-than-forecast GDP The pound (GBP) found some support yesterday after the UK’s second-quarter GDP figures surpassed … read more
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Pound rises as UK jobs data trims BoE rate cut expectations Daily Update
August 13 2025Pound (GBP) gains on stronger labour market report The pound (GBP) advanced yesterday after UK jobs data came in stronger than anticipated, … read more
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Pound jumps as BoE policymakers split on rate cut decision Daily Update
August 8 2025Pound (GBP) climbs as markets reassess BoE easing outlook The pound (GBP) strengthened on Thursday after the Bank of England (BoE) voted by a narrow … read more
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US dollar retreats as services PMI misses forecasts Daily Update
August 6 2025Pound (GBP) gains on revised services PMI The pound (GBP) found modest support yesterday, strengthening against some of the weaker currencies … read more
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FX newsflash: Dovish BoE decision to see the pound slide? Economy News Pound Sterling (GBP)
August 5 2025The Bank of England (BoE) will announce its latest policy decision on Thursday If dovish signals accompany an expected interest rate cut, Sterling … read more
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Pound rocked by surge in government borrowing Daily Update
July 23 2025Pound (GBP) fluctuates lower following borrowing figures The pound (GBP) ticked lower yesterday, with higher-than-forecast public borrowing fuelling … read more