Tag: Pound Sterling
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Euro stumbles as ECB’s Lagarde warns of tariff risks to growth Daily Update
April 22 2025Pound (GBP) rises against weaker rivals The pound (GBP) trended higher against its weaker rivals on Thursday, with a slight improvement in the … read more
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Pound firms amid optimism around UK-US trade deal Daily Update
April 16 2025Pound (GBP) firms on UK-US trade deal hopes The pound (GBP) rose against its safer rivals yesterday thanks to a risk-on mood and optimism around a … read more
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FX newsflash: UK inflation to pressure the pound? Economy News Pound Sterling (GBP)
April 15 2025The British consumer price index for March is due out on Wednesday morning, with the pound (GBP) poised to fall if cooling UK inflation boosts bets … read more
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US dollar slips as markets recover Daily Update
April 9 2025Pound (GBP) uncertain amid lack of data The pound (GBP) lacked a clear direction yesterday amid an absence of UK economic data While the … read more
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Euro softens as cooling inflation boosts ECB rate cut bets Daily Update
April 2 2025Pound (GBP) slips as tariff exemption hopes fade The pound (GBP) weakened yesterday as it became apparent that the UK would not be exempt from the … read more
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US dollar slides amid recession fears Daily Update
March 28 2025Pound (GBP) capitalises on rivals’ weakness The pound (GBP) enjoyed some success yesterday, with GBP primarily benefiting from depreciation in … read more
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Pound slumps as inflation falls ahead of Spring Statement Daily Update
March 26 2025Pound (GBP) muted by downbeat sales data The increasingly risk-sensitive pound (GBP) was mixed during yesterday’s session, as the cheery market … read more
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US dollar recovers amid risk-off mood Daily Update
March 21 2025Pound (GBP) mixed amid BoE uncertainty The pound (GBP) was mixed yesterday as investors digested the Bank of England’s (BoE) interest rate … read more
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US dollar fluctuates in anxious trade Daily Update
March 19 2025Pound (GBP) uncertain in absence of data The pound (GBP) moved without a clear trajectory yesterday amid a lack of UK economic data While GBP … read more
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Fed and BoE decisions to drive volatility in USD and GBP? Business News Economy News Pound Sterling (GBP) US Dollar (USD)
March 18 2025Both the Federal Reserve and the Bank of England (BoE) meet to set monetary policy this week, with the central banks’ forward guidance potentially … read more