Tag: Pound Sterling
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US dollar falters as Trump takes measured approach to reciprocal tariffs Daily Update
February 17 2025Pound (GBP) wobbles amid BoE rate cut speculation The pound (GBP) wavered on Friday amid fresh Bank of England (BoE) interest rate cut … read more
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US dollar falls and euro rises amid Russia-Ukraine peace hopes Daily Update
February 14 2025Pound (GBP) climbs as GDP beats forecasts The pound (GBP) rose yesterday following better-than-expected UK GDP figures The British economy … read more
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US dollar pulls back amid profit-taking Daily Update
February 12 2025Pound (GBP) rebounds as investors buy the dip The pound (GBP) initially weakened yesterday before regaining ground in the afternoon Some … read more
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US dollar volatile on weaker GDP and fresh tariff threats Daily Update
January 31 2025Pound (GBP) quiet as data thin on the ground The pound (GBP) was mostly muted yesterday amid an ongoing absence of UK economic data However, … read more
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US dollar climbs as Trump sparks fresh tariff fears Daily Update
January 29 2025Pound (GBP) mixed in absence of data The pound (GBP) moved without clear direction yesterday as a lack of British economic data left the currency … read more
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Fed and ECB interest rate decisions to see USD soar and EUR slump? Economy News Euro (EUR) US Dollar (USD) Weekly Forecast
January 28 2025This week, both the Federal Reserve and the European Central Bank (ECB) will announce their latest interest rate decisions A hawkish hold from the … read more
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US dollar slumps as Trump’s first days rock currency market Economy News US Dollar (USD)
January 24 2025(Updated 13:00, 24/01/25) The US dollar (USD) has suffered notable losses this week, with Donald Trump’s early days in office proving negative for … read more
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Currency market quiet as markets brace for more Trump policies Daily Update
Pound (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