Tag: interest rates
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Currency market quiet as markets brace for more Trump policies Daily Update
January 24 2025Pound (GBP) uncertain as investors ignore CBI data The pound (GBP) traded mostly sideways yesterday as a lack of notable UK economic data left … read more
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US dollar whipsaws as Trump signs flurry of executive orders Daily Update
January 22 2025Pound (GBP) softens following mixed jobs data The pound (GBP) trended lower during yesterday’s session following a mixed labour market report for … read more
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Lacklustre recovery in UK economy dents the pound Daily Update
January 17 2025Pound (GBP) softens following disappointing GDP The pound (GBP) stumbled yesterday after the UK’s latest GDP data missed market … read more
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Pound firms as UK inflation unexpectedly cools Daily Update
January 16 2025Pound (GBP) strengthens as inflation eases The pound (GBP) gained ground yesterday as markets welcomed a surprise … read more
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US dollar retreats amid cooler producer price inflation Daily Update
January 15 2025Pound (GBP) softens amid tax hike fears The pound (GBP) weakened during yesterday’s session, despite UK bond markets remaining relatively … read more
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Pound extends downside amid bond market panic Daily Update
January 10 2025Pound (GBP) slides amid bond market turmoil The pound (GBP) faced ongoing selling pressure yesterday as the UK bond market selloff continued, with … read more
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US dollar rebounds as services PMI beats forecasts Daily Update
January 8 2025Pound (GBP) subdued in absence of data The pound (GBP) was subdued yesterday as a lack of UK economic data left Sterling rudderless As a result, … read more
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Non-farm payrolls to drive US dollar volatility? Business News Economy News US Dollar (USD) Weekly Forecast
January 7 2025The latest US non-farm payrolls figure will be published on Friday, with the data potentially driving volatility in the US dollar At the time of … read more
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Pound drops following BoE decision Daily Update
December 20 2024Pound (GBP) drops following BoE decision The pound (GBP) slid yesterday following the Bank of England’s (BoE) final interest rate decision of … read more
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Pound slides as Bank of England holds interest rates in 6-3 split decision Economy News Pound Sterling (GBP) US Dollar (USD)
December 19 2024(Updated 14:50, 19/12/2024) The Bank of England (BoE) left interest rates unchanged on Thursday as it announced its final policy decision of … read more