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 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
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 EURGBP currency pair retraced its recent gains from the previous session, trading around 0.8330 during Monday’s Asian hours. The Euro faces downward pressure as several European Central Bank officials remain comfortable
The Pound Sterling remains bid for the third consecutive day, bolstered by positive market sentiment, edging up 0.34% as the GBPUSD trades at 1.2519, above the 50-day Simple Moving Average (SMA) at 1.2501.
The Pound Sterling extended its losses against the greenback on Tuesday as US President Donald Trump threatened to impose tariffs on computer chips and other industries. Risk aversion extended for the second
Major currency pairs fluctuate in relatively tight ranges early Thursday as investors await the next fundamental catalyst. The US economic calendar will feature weekly Initial Jobless Claims data and the US Treasury
The US Dollar remains on the back foot to start the week as investors gear up for Donald Trump’s second inauguration on Monday. Meanwhile, stock and bond markets in the US are closed
The EURGBP cross extended the rally to 0.8445 during early European trading hours on Wednesday. The Pound Sterling weakened against the shared currency after the cooler-than-expected UK Consumer Price Index (CPI) inflation
