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The FX markets have been a little quieter so far this week, largely due to a quiet US data calendar. But as we approach the business end of the week, we should see pockets of elevated volatility and...
Strengthening rate cut projections weigh on USDJPY; upward pattern intact above 151.90GBPUSD faces rejection near familiar resistance of 1.2630 ahead of BoE policy announcementUSDCAD trends within a...
The GBP/USD pair is testing the 1.2480 level to the downside, maintaining the previously established downward momentum amid the absence of positive macroeconomic data from the U.S. and the UK.The UK...
The British pound is slightly lower on Tuesday. GBP/USD is down 0.21%, trading at 1.2535 in the European session at the time of writing.The UK construction PMI jumped to 53.0 in April, up from 50.2 in...
By Daniela Sabin Hathorn, senior market analyst at Capital.comThe US economy grew 1.6% in the first quarter of 2024. The actual figure was lower than the estimates of 2.5%, which caused some...
The British pound dipped 0.30% earlier today but has managed to recover the losses. In the European session, GBP/USD is trading at 1.2451, up 0.12%.Retail Sales Misses EstimateThe UK release retail...
The British pound is having a quiet week and that trend has continued on Thursday . In the North American session, GBP/USD is trading at 1.2450, down 0.04%.Will UK retail sales improve?The UK release...
The British pound sterling is showing signs of recovery, bouncing back from a five-month low, with GBP/USD stabilising around the 1.2470 mark on Thursday. This rebound is attributed to the release of...
The British pound has rebounded after sliding 2.1% over the past week. In the European session, GBP/USD is trading at 1.2461, up 0.28%.UK Inflation Drops to 3.2%Inflation in the UK continues to...
Recent macro data fueled a strengthening of the US dollar against the British pound. Fed Chairman Jerome Powell's remarks yesterday added more fuel to the fire. Amidst disappointing UK labor...
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