Tag: Outlook
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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
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US dollar slumps as risk appetite recovers Daily Update
June 17 2025Pound (GBP) unclear amid lack of data The pound (GBP) found itself rudderless yesterday as GBP investors held back ahead of some high-impact UK … read more
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Weekly FX forecast: Fed and BoE decisions in focus Economy News Weekly Forecast
June 16 2025Pound (GBP) The Bank of England (BoE) is widely expected to leave interest rates unchanged at its policy meeting this week, leaving the focus on its … read more
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US dollar soars following Israeli strikes on Iran Daily Update
Pound (GBP) licks wounds following weak UK data The pound (GBP) was subdued at the end of last week, amid speculation the Bank of England (BoE) may … read more
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US dollar plunges to fresh three-year low Daily Update
June 13 2025Pound (GBP) dented by downbeat GDP The pound (GBP) stumbled at the start of yesterday’s session after UK GDP contracted 03% in April, far more … read more
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US dollar recovers as the US and China agree trade framework Daily Update
June 11 2025Pound (GBP) slides as jobs data bolsters rate cut bets The pound (GBP) slumped during yesterday’s session, as a disappointing UK jobs report … read more
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US dollar slides amid signs of slowing labour market Daily Update
June 6 2025Pound (GBP) rudderless in absence of data The pound (GBP) lacked a clear directional bias yesterday amid an ongoing lull in UK data This left the … read more
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US dollar dragged lower by downbeat data Daily Update
June 5 2025Pound (GBP) softens despite positive PMI The pound (GBP) struggled yesterday, despite the UK’s final services PMI printing higher than its … read more
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Euro retreats as Eurozone inflation cools ahead of ECB decision Daily Update
June 4 2025Pound (GBP) unsure amid interest rate ‘uncertainty’ The pound (GBP) traded in a wide range yesterday as markets digested mixed comments from … read more