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UK inflation is accelerating, reducing the scope for the Bank of England to ease monetary policy to support economic growth. Headline price growth accelerated to 3.0% in January, up from 2.5% at the...
The British pound continues to have an uneventful week. In the European session, GBP/USD is trading at 1.2595, down 0.13% on the day. UK Inflation Hits 3% in January Consumer inflation in the UK rose...
Geopolitics takes centre stage as US markets enjoy a bank holiday. Both gold and US dollar try to recoup Friday’s losses. Major currencies extend monthly gains versus the dollar. Yen benefits from...
The British pound has edged higher on Thursday. GBP/USD is trading at 1.2460, up 0.15% on the day. UK GDP Beats Forecast The UK economy ended 2024 on a high note, as GDP rose 0.4% m/m in December....
US CPI hits 3.0% in January as Powell says the Fed has more work to do. But the US dollar is unable to sustain gains even as yields surge. Trump announces Ukraine peace talks with Putin but Gold...
GBP/USD is consolidating around 1.2447 on Wednesday as traders hold back, awaiting key UK economic data releases later this week. Key factors influencing GBP/USD Earlier this week, the British pound...
GBP/USD returns to bearish territory after rejection from 1.2500 A move below 1.2350 could renew downside pressures GBP/USD has taken a negative turn again after its strong bullish start to the...
As we await the next tariff news from the Trump administration, it is noticeable that some European currencies are outperforming. The Scandies, in particular, and some parts of the Central and...
Catherine Mann explains shift from hawk to dove Potential downside risks for GBP/USD if other MPC members follow suit Upcoming UK GDP, inflation, retail sales, and unemployment data crucial for...
Trump opens a new round of tariffs, the EU is next. Mixed US data keep the door shut to Fed rate cut. Dollar benefits and risk appetite remain fragile. Gold at a new record high, oil tries to find...
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