The Pound Sterling extends its gains versus the US Dollar as the US-Sino trade war escalates, with China imposing 125% tariffs on US goods. Trade policies continue to drive price action, with
The Pound Sterling lost ground against the Dollar as US Liberation Day approaches on Wednesday, when President Donald Trump is expected to announce additional tariffs to the ones already enacted since March 2. By
The Pound Sterling trimmed some of its earlier gains versus the US dollar on Monday, starting the week on an upbeat mood after Flash PMIs in both sides of the Atlantic, came
The pound sterling dropped 0.29% against the US dollar on Friday, set to end the week unchanged after major central banks featured dovish monetary policy decisions led by the Federal Reserve and
The Pound Sterling advanced 0.31% as the greenback weakened on Monday, testing last week’s high of 1.2987. Investors eye crucial monetary policy decisions by the US Federal Reserve and the Bank of
The US dollar suffered large losses against its major rivals to begin the month of March as the disappointing macroeconomic data releases, combined with the Trump administration’s tariffs, revived fears over an
The action in financial markets is quiet on Friday as investors await preliminary February manufacturing and services Purchasing Managers’ Index (PMI) data from Germany, the Eurozone, the UK and the US. Later
Investors observed heightened volatility in some currencies on Wednesday following key data releases and central bank decisions. In the second half of the day, housing starts and building permits data for January
The GBPUSD currency pair broke its five-day winning streak, trading around 1.2600 during Tuesday’s Asian session, as traders are awaiting UK employment data later in the day. The Claimant Count Change for
The US dollar struggles to find demand early Thursday after having failed to capitalise on January inflation data on Wednesday. The European economic calendar will feature Industrial Production data for December. Later
