Tag: interest rates
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US dollar rallies as inflation jumps to four-month high Daily Update
July 16 2025Pound (GBP) muted amid lack of data The pound (GBP) was subdued yesterday as a lack of UK economic data left Sterling struggling to find … read more
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FX newsflash: Pound to drop on weak jobs data? Economy News Pound Sterling (GBP)
July 15 2025The UK’s latest inflation figures and labour market report are due out on Wednesday and Thursday respectively, with the pound (GBP) poised to … read more
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Pound plunges amid UK fiscal fears Daily Update
July 9 2025Pound (GBP) slumps amid debt anxiety The pound (GBP) faced notable headwinds yesterday as the Office for Budget Responsibility’s (OBR) latest … read more
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US dollar unable to hold post-payroll gains Daily Update
July 4 2025Pound (GBP) regains ground as Starmer backs Chancellor The pound (GBP) recouped some of Wednesday’s losses yesterday after Prime Minister Keir … read more
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US dollar touches new three-year low as Senate votes on Trump tax bill Daily Update
July 2 2025Pound (GBP) unsure amid absence of data Movement in the pound (GBP) was uncertain yesterday as a lack of notable UK economic data left Sterling … read more
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US dollar hits three-year low amid Fed independence worries Daily Update
June 27 2025Pound (GBP) struggles for direction after BoE comments The pound (GBP) traded without a clear direction on Thursday following mixed signals from … read more
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US dollar drops amid shaky Israel-Iran ceasefire Daily Update
June 25 2025Pound (GBP) firms against safer currencies The pound (GBP) strengthened against its safer rivals yesterday thanks to Sterling’s increasingly … read more
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Pound rises as BoE leaves interest rates unchanged Daily Update
June 20 2025Pound (GBP) supported by BoE rate decision The pound (GBP) gained ground yesterday as markets responded to the Bank of England’s (BoE) interest … read more
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US dollar rebounds following hawkish Fed decision Daily Update
June 19 2025Pound (GBP) mixed as BoE decision imminent The pound (GBP) traded without a clear direction yesterday, with GBP investors reluctant to place … read more
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US dollar rallies as sentiment sours Daily Update
June 18 2025Pound (GBP) weakens ahead of BoE decision The pound (GBP) trended lower yesterday, with the UK currency losing ground ahead of the Bank of … read more