The Pound Sterling retreats against the US Dollar ahead of a US data-packed week. Growing speculation for Trump’s victory has improved the US Dollar’s appeal. A...
The Pound Sterling further corrects against the US Dollar after the release of weaker-than-expected UK Retail Sales data for June. Doubts over the BoE to begin...
The Pound Sterling declines as the US Dollar rebounds due to increased risk aversion. UK Claimant Count Change, claiming jobless benefits, rose to 32.3K in June,...
GBP/USD edges lower on Thursday amid the emergence of some USD buying. A slightly overbought RSI is seen holding back bulls from placing fresh bets. The...
GBP/USD remains confined in a familiar range held since the beginning of this week. September Fed rate cut bets continue to undermine the USD and lend...
The Pound Sterling ranges near 1.3000 against the US Dollar, focusing on US/UK data. Fed’s Powell admitted that recent inflation readings have added some confidence in...
The Pound Sterling rises to near 1.3000 against the US Dollar as the Fed looks set to start reducing interest rates in September. Hot US PPI...
The Pound Sterling holds strength against the US Dollar as Fed rate cuts become appropriate for this year. Softer-than-expected US inflation boosts hopes of Fed rate...
The Pound Sterling performs strongly on faster UK GDP growth and soft US Inflation data. The UK economy expanded at a faster pace of 0.4% in...
The Pound Sterling holds gains against the US Dollar with a focus on Fed Powell’s testimony. BoE’s Haskel argued in favor of holding interest rates steady...
Markets are monitoring the first week of Keir Starmer as UK Prime Minister following an uneventful election day for sterling and gilts, FX analyst at ING...
The Pound Sterling remains firm against the US Dollar as expectations for Fed rate cuts in September grew further. Keir Starmer’s historic victory in UK parliamentary...
The Pound Sterling performs strongly, as Keir Starmer’s outright majority win as UK PM has brought stability on the political front. Investors expect the BoE to...
GBP/JPY attracts sellers for the second straight day, though the downside seems limited. Intervention fears prompt some JPY short-covering and exert pressure on spot prices. The...
The Pound Sterling performs strongly against the US Dollar as the US labor market loses momentum. Investors expect the Fed to begin lowering interest rates in...
The latest Bank of England (BoE) Decision Maker Panel (DMP) survey for June showed on Thursday that “one-year ahead expected CPI inflation fell by 0.1 percentage points to 2.8%...
The Pound Sterling holds gains against the US Dollar as Fed’s Powell seems confident that disinflation has resumed. UK elections outcome will be the major trigger...
GBP/USD lacks firm intraday direction on Wednesday amid mixed fundamental cues. August BoE rate cut bets cap the GBP ahead of the UK general elections on...
The Pound Sterling moves higher against the US Dollar as the Fed is expected to begin reducing interest rates in September. UK annual headline inflation has...
The Pound Sterling moves higher against the US Dollar ahead of the US core PCE Inflation for May. Revised UK Q1 GDP estimates show that the...