The British pound staged a comeback on Monday as traders grow risk-averse following threats for the US Federal Reserve independence. A scarce economic docket in the UK shifted the focus to geopolitical
Investors are gearing up for a potential increase in market volatility on key macroeconomic data releases on Wednesday, starting with Eurostat’s preliminary December inflation data. Later in the day, the US economic
The GBPUSD currency pair surged 0.42% on Tuesday as the latest US jobs report revealed a labour mark weakness, while retail sales were unexpectedly unchanged from September figures, an indication of consumers’
By Aaron Hill A bright spotlight falls on Tuesday’s US November employment report, and it is arguably the dominant asset driver. This is due to comments from Fed Chair Jerome Powell last week,
A lower-than-expected inflation in September, softer wage growth, and clear signs of slowing activity in the third quarter have strengthened the case for the Bank of England to consider cutting interest rates
GBPUSD inches higher after three days of losses, trading around 1.3160 early Friday. The pair holds ground as the US dollar struggles amid improving Federal Reserve rate cut bets. According to the
Markets have adopted a cautious stance to begin the week after President Donald Trump announced late Friday that the U.S. will impose 100% tariffs on Chinese imports. The economic calendar will not
The British pound edged lower against the US dollar on Monday, snapping its recent advance as the greenback firms ahead of Tuesday’s US Consumer Price Index (CPI) report. A modest rebound in
The EURGBP cross remains firm around 0.8705 during early European trading on Friday, as the Pound Sterling weakens against the Euro after the weaker-than-expected UK economic data. The IFO business sentiment index report from Germany will also be released
UK government borrowing came in higher than forecast in June, a setback for Chancellor of the Exchequer Rachel Reeves that has markets jittery and households bracing for tax hikes, according to leading
