The pound (GBP) rose against many of its rivals yesterday, as concerns about escalating trade tensons continued to weigh on other currencies more than GBP. With the UK expected to be relatively ...
The pound (GBP) closed last week on the back foot following underwhelming UK growth data. The UK’s latest GDP report raised fresh concerns about the country’s economic outlook, as it unexpectedly ...
The pound (GBP) traded sideways yesterday amid uncertainty over Bank of England (BoE) monetary policy. While some GBP investors are confident the BoE will pause interest rates in the coming months, ...
The pound (GBP) was mixed yesterday as an ongoing lack of UK economic data left the currency without a clear directional bias. While Sterling managed to gain ground against its weaker peers, it ...
Daily updates on how key currencies are performing in the currency markets.
UK Prime Minister Kier Starmer’s meeting with US President Donald Trump will be closely watched by GBP investors this week. A positive rapport between the two may be supportive of the pound (GBP) in ...
The UK will publish its latest GDP figures this week. Economists forecast January’s month-on-month figures will report a softening of growth, which may drag on the pound (GBP) in the latter half of ...
The pound (GBP) struggled for direction on Tuesday as investors held off on making any major moves ahead of the Bank of England’s (BoE) interest rate decision on Thursday. While a 25 basis point rate ...
The pound (GBP) fell against many of its rivals yesterday, as a lack of UK data left the currency vulnerable to profit-taking. Furthermore, a gloomy market mood put some pressure on the risk-sensitive ...
This week, both the Federal Reserve and the European Central Bank (ECB) will announce their latest interest rate decisions. A hawkish hold from the Fed and a dovish cut from the ECB could see the US ...
The pound (GBP) traded without a clear direction yesterday as a lack of UK data left Sterling rudderless. Additionally, a gloomy market mood put pressure on the increasingly risk-sensitive pound, ...
The pound (GBP) managed to rise against its weaker rivals yesterday, without a clear catalyst for the upside. While the Confederation of British Industry’s (CBI) latest distributive trades survey beat ...