GBP/USD bulls step it up towards key resistance. US dollar bears eye a run to test DXY critical support. GBP/USD stays bid into the close of...
GBP/JPY picks up bids to reverse early Asian session’s slump. Hopes from Rishi Sunak, Japan policymakers’ resistance keep buyers hopeful. Softer yields, indecision over Tokyo’s market...
GBP/USD remains mildly offered as bears attack short-term key support. Political turmoil in the UK escalates after PM Truss’ resignation, fresh elections is to be held...
The recently-elected UK Prime Minister Liz Truss makes a statement this Thursday and says that she will resign. The leadership will be completed in the next...
GBP/JPY remains under some selling pressure for the third successive day on Thursday. The UK political uncertainty weighs on sterling and contributes to the modest downtick....
US President Joe Biden said the US will sell 15 million barrels of crude oil from the SPR from the nation’s Strategic Petroleum Reserve (SPR) by...
In recent trade, there has been news that Suella Braverman has resigned as interior minister after just 43 days in the role, citing a breach of...
GBP/USD climbed sharply by more than 200 pips, gaining 2%. UK 30-year bond yields dropped 50 bps to 4.38% as the bond sell-off trims. UK’s Finance...
GBP/USD extends weekly gains amid receding fears about UK markets’ collapse. Jeremy Hunt’s appointment as fresh Chancellor may not relieve Truss as Tory backbenchers brace to...
GBP/USD propped up in pre-open APAC on BoE Bailey weekend comments GBP/USD is set to open regular forex hours on the bid as indicated by pre-open...
GBP/USD plummets below 1.1200 due to political/economic turmoil in the UK. US Consumer Sentiment improved while inflation expectations arose. UK’s PM Liz Truss makes a U-turn...
A combination of factors prompts aggressive selling around GBP/USD on Friday. The UK political development weighs on sterling amid resurgent USD demand. The mixed US Retail...
British Prime Minister Liz Truss said on Friday that they have decided to keep the corporation tax rise and added that this will act as a...
As part of its regular survey ahead of the quarterly refunding announcements, the US Treasury Department is asking major banks whether the government should buy back...