Tag: Pound Sterling
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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
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FX newsflash: ECB interest rate decision to drive EUR volatility Economy News Euro (EUR) Pound Sterling (GBP) US Dollar (USD)
June 3 2025The European Central Bank (ECB) will deliver its latest policy decision on Thursday, with any changes to forward guidance likely to affect EUR At … read more
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US dollar rallies as Trump pauses tariffs on EU Daily Update
May 28 2025Pound (GBP) mixed amid IMF commentary The pound (GBP) saw mixed movement on Tuesday as markets digested the IMF’s latest health-check of the UK … read more
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US dollar slides as Trump’s tax bill raises debt concerns Daily Update
May 23 2025Pound (GBP) recovers despite lukewarm data The pound (GBP) stumbled at the start of yesterday’s session after higher-than-forecast government … read more
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Pound slips following BoE remarks Daily Update
May 21 2025Pound (GBP) stumbles amid BoE commentary The pound (GBP) softened yesterday following mixed comments from Bank of England (BoE) Chief Economist Huw … read more
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Pound rises as UK GDP beats forecasts Daily Update
May 16 2025Pound (GBP) boosted by stronger GDP The pound (GBP) rose against many of its rivals yesterday following stronger-than-expected UK GDP figures The … read more