Tag: interest rates
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US dollar weakens after Trump hints at China trade deal Daily Update
February 21 2025Pound (GBP) wobbles following CBI data The pound (GBP) wavered without a clear direction yesterday amid the publication of the Confederation of … read more
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Pound fluctuates as BoE Governor brushes off jobs data Daily Update
February 19 2025Pound (GBP) choppy following jobs data and BoE comments The pound (GBP) fluctuated yesterday as Bank of England (BoE) Governor Andrew Bailey brushed … read more
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Euro falls following ECB remarks Daily Update
February 18 2025Pound (GBP) quiet ahead of high-impact data The pound (GBP) was muted yesterday as markets awaited high-impact British data later in the … read more
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FX weekly forecast: High-impact UK economic data to drive volatility in the pound? Weekly Forecast
February 17 2025Pound (GBP) The UK’s latest consumer price index and wage growth figures will be closely watched by GBP investors this week Any signs that … read more
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US dollar falls and euro rises amid Russia-Ukraine peace hopes Daily Update
February 14 2025Pound (GBP) climbs as GDP beats forecasts The pound (GBP) rose yesterday following better-than-expected UK GDP figures The British economy … read more
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US dollar pulls back amid profit-taking Daily Update
February 12 2025Pound (GBP) rebounds as investors buy the dip The pound (GBP) initially weakened yesterday before regaining ground in the afternoon Some … read more
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US dollar volatile on weaker GDP and fresh tariff threats Daily Update
January 31 2025Pound (GBP) quiet as data thin on the ground The pound (GBP) was mostly muted yesterday amid an ongoing absence of UK economic data However, … read more
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US dollar climbs as Trump sparks fresh tariff fears Daily Update
January 29 2025Pound (GBP) mixed in absence of data The pound (GBP) moved without clear direction yesterday as a lack of British economic data left the currency … read more
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Fed and ECB interest rate decisions to see USD soar and EUR slump? Economy News Euro (EUR) US Dollar (USD) Weekly Forecast
January 28 2025This week, both the Federal Reserve and the European Central Bank (ECB) will announce their latest interest rate decisions A hawkish hold from the … read more
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US dollar slumps as Trump’s first days rock currency market Economy News US Dollar (USD)
January 24 2025(Updated 13:00, 24/01/25) The US dollar (USD) has suffered notable losses this week, with Donald Trump’s early days in office proving negative for … read more