GBP/USD climbed above 1.2800 after US NFP figures sparked risk rally. Broad-market risk sentiment recovered on Friday as rate cut hopes reignite. Coming up next week,...
Despite Pound Sterling’s (GBP) limited reaction to the UK election result, the drop in the value of the US Dollar (USD) over the past couple of...
EUR/GBP trades with a mild bearish bias around 0.8475 in Friday’s early European session. Labour Party has won 337 seats in the parliamentary election, implying it...
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...
UK’s Labour Party, led by Keir Starmer, appears to be headed for a huge majority in the 2024 UK election, an exit poll suggested. An exit poll said Labour is...
GBP/USD claws back towards 1.2800, extends into a thin but determined recovery. Political risk weighs heavily over Cable, with UK election results due late in the...
GBP/USD climbed towards 1.2780 on Wednesday as rate cut hopes reignite. US data broadly missed the mark, signs of further softening mount. UK election on Thursday...
Another data-driven sell-off motivated the Greenback to recede to multi-day lows amidst declining US yields across the board and ahead of the Independence Day holiday on...
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...