Share: GBP/USD stable in mid-North American session post US data, with soft inflation boosting rate cut expectations. US PCE Index shows steady headline inflation at 2.6%;...
Share: The GBP/USD pair rebounds within the broader trading range. Economists at Scotiabank analyze cable’s outlook. Intraday price action looks bullish but momentum remains soft The...
Share: Pound Sterling rebounds as market mood improves on soft US core PCE price index data. High UK inflation would allow BoE policymakers to maintain a...
Share: The Pound Sterling (GBP) turns volatile as investors review pack of the United States economic data, released in the early New York session. The US Bureau...
Share: Pound Sterling remains inside the woods ahead of US Q4 GDP data. Strong UK PMIs have prompted expectations of hawkish guidance from BoE policymakers. Going...
Share: GBP/USD clings to mild gains near 1.2717 amid the USD softness. The UK Flash Purchasing Managers Index (PMI) for January came in stronger than expected. ...
Share: GBP/USD maintains its position below the psychological barrier of 1.2700. A break above the 1.2750 major level could lead the pair to revisit the monthly...
Share: The GBP/USD slumped more than 0.40% in the mid-North American session amid a strong US Dollar (USD) and high US Treasury bond yields underpinning the...
Share: A strong start to the year for the US Dollar is set to continue, probably supported by both risk aversion and somewhat higher yields, analysts...
Share: GBP/USD moves in an upward direction as BoE is expected to maintain its current restrictive policy stance. Economists in a Reuters poll anticipated the BoE...
Share: Pound Sterling prints a fresh weekly high on upbeat market mood. Investors see a technical recession in the UK economy as the cost-of-living crisis deepens. The...
Share: GBP/USD is holding a neutral point within the recent 1.2600/1.2800 trading range. Economists at Scotiabank analyze the pair’s outlook. Short-term technicals lean bearish Traders have...
Share: The Pound Sterling (GBP) slumped against the US Dollar (USD) after the Office for National Statistics (ONS) revealed that retail sales plunged sharply, which could deter the...
Share: GBP/USD dips as Retail Sales slide The markets were expecting a letdown from December retail sales after a strong November reading, but nobody was expecting...
Share: Sideways range for the GBP/USD pair in place over the past month or so remains intact, economists at Scotiabank report. Neither technical chart provides any...
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Share: Pound Sterling drops sharply as the UK Retail Sales contracted significantly in December. A deepening cost-of-living crisis forced households to cut spending despite the festive...
Share: GBP/USD gains traction around 1.2708 amid the weaker USD, risk-on sentiment. UK CPI inflation rose for the first time in 10 months, rising to 4.0%...
Share: Cable’s rebound from 1.2600 on Wednesday extends range trade. Economists at Scotiabank analyze the GBP/USD outlook. Selling pressure merging above 1.2700 Wednesday’s squeeze higher in...
Share: Pound Sterling has climbed to near 1.2700 as hopes of an early rate cut by the BoE have waned. UK Inflation remains stubbornly high due...
Share: The Pound Sterling (GBP) has been able to hold onto its late year gains pretty well. Economists at ING analyze the pair’s outlook. Loose fiscal,...