Tag: interest rates
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US dollar stumbles amid risk-on mood Daily Update
December 10 2024Pound (GBP) directionless amid lack of data The pound (GBP) was mixed yesterday as a lack of UK data left the currency trading without a clear … read more
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FX weekly forecast: Euro to test new lows on dovish ECB rate cut? Weekly Forecast
December 9 2024Pound (GBP) The publication of the UK’s latest GDP figures may act as a tailwind for the pound (GBP) this week if they report that the UK economy … read more
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US dollar rebounds after payrolls beat forecasts Daily Update
Pound (GBP) rises despite dovish BoE comments The pound (GBP) rose against its weaker rivals on Friday, with GBP brushing off comments from Bank of … read more
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US dollar stumbles as jobless claims rise Daily Update
December 6 2024Pound (GBP) buoyed despite lack of data The pound (GBP) managed to gain ground against many of its peers yesterday, despite a lack of UK economic … read more
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FX weekly forecast: Strong payrolls print to boost the US dollar? Weekly Forecast
December 2 2024Pound (GBP) Amid a lack of UK data releases this week, speeches from Bank of England (BoE) officials may drive movement in the pound (GBP) If … read more
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Euro stable as Eurozone inflation climbs to four-month high Daily Update
Pound (GBP) flat following BoE stability report The pound (GBP) was left to trade without a strong directional bias on Friday as GBP investors … read more
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Rising Eurozone inflation to boost the euro? Daily Update
November 29 2024Pound (GBP) muted amid lack of data The pound (GBP) traded mostly sideways yesterday as a lack of impactful UK data muted the British … read more
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USD, GBP and EUR fluctuate as Trump’s tariff announcement rocks markets Daily Update
November 27 2024Pound (GBP) uncertain amid market volatility The pound (GBP) traded without a clear direction yesterday, with general market volatility causing GBP … read more
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US dollar slips as Trump’s pick for Treasury Secretary cheers markets Daily Update
November 26 2024Pound (GBP) wavers despite BoE remarks The pound (GBP) had a mixed start to the week, despite some hawkish comments from Bank of England (BoE) … read more
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FX weekly forecast: Accelerating Eurozone inflation to offer respite to the euro? Weekly Forecast
November 25 2024Pound (GBP) UK economic releases are in short supply this week, which may leave the pound (GBP) struggling to attract support However, hawkish Bank … read more