GBP/USD plummets as BoE cut rates unanimously The Pound Sterling fell during Thursday’s North American session, down 0.79% after the Bank of England (BoE) reduced the...
The Pound Sterling (GBP) is trading down a little on the session after a two-cent rebound from yesterday’s intraday low and stretch gains against the EUR...
GBP/USD could lose ground as China is set to be hit with a 10% across-the-board tariff on Tuesday. Trump said on Monday afternoon that talks with...
GBP/USD depreciates around 1% amid US President Donald Trump’s tariff threats against China, Canada, and Mexico. US announced plans to impose a 25% tariff on Canadian...
The Pound Sterling ticks lower against the US Dollar above 1.2400 amid fears that Trump’s tariffs could threaten the global growth outlook. President Trump’s tariff threats on...
The Pound Sterling trades sideways against the US Dollar on Thursday as investors focus on the US Q4 GDP data. US President Trump vows to lower...
GBP/USD fell back below 1.3300 on Tuesday as risk-off flows bubble over. Reports of Iranian missile strikes on Israel have bolstered fears of further geopolitical conflict....
The Pound Sterling trades in a tight range near 1.3400 against the US Dollar as investors await key US econmic data. Economists expect US Manufacturing activity...
The Pound Sterling strives to recapture 1.3400 against the US Dollar ahead of Fed Powell’s speech. A slight acceleration in the US core PCE inflation suggests that...
The Bank of England and the Fed were expected to cut rates slightly less than the ECB. This changed after the US employment report at the...
The Pound Sterling faces pressure near 1.3400 against the US Dollar ahead of the US PCE inflation data for August. Market expectations for the Fed cutting...
The Pound Sterling recovers to near 1.3400 against the US Dollar as investors expect the Fed to cut interest rates by 50 bps in November. Investors...
Pound Sterling remains firm on BoE less-dovish rate cut bets The Pound Sterling (GBP) exhibits a mixed performance against its major peers on Wednesday. The outlook...
The Pound Sterling faces pressure near 1.3400 against the US Dollar, while the latter’s outlook remains vulnerble. BoE Governor Andrew Bailey sees a gradual decline in...
The Pound Sterling moves higher to near 1.3380 against the US Dollar on expectations of BoE’s shallow policy-easing cycle. UK’s overall business activity grew at a...
The Pound Sterling drops as the preliminary UK S&P Global PMI came in lower than expected. Traders expect the BoE to deliver one more interest rate cut...
The Pound Sterling holds the two-week low support at 1.2845 against the US Dollar after the US core PCE Price index data release. The BoE is expected...
The Pound Sterling declines against the US Dollar to nearly 1.2880 amid dismal market sentiment ahead of advanced US Q2 GDP data. Firm preliminary S&P Global/CIPS...
The Pound Sterling recovers after upbeat preliminary UK S&P Global/CIPS PMI for July. UK’s Composite PMI beats estimates and the former release. The Fed is expected to pivot...
A look at the data shows that in the UK most of the disinflation in the core rate over the past year has come from goods...