The British pound was a touch softer against the dollar on Wednesday but was still heading for its biggest annual rise in ...
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The dollar retreated Tuesday, adding to recent weakness. The WSJ Dollar Index ended the day 0.4% lower, with the euro and British pound among currencies gaining against the greenback. The dollar ...
The US Dollar (USD) faced broad-based pressure on Tuesday, despite US GDP smashing forecasts in the third quarter. Analysts had expected growth to slow from 3.8% to 3.3%, amid concerns that President ...
The pound rose to its highest level against the US dollar for more than two months yesterday as investors grappled with the outlook for interest rates on both sides of the Atlantic. Sterling edged up ...
The Pound (GBP) strengthened on Thursday amidst a hawkish tilt to the Bank of England’s latest final interest rate decision of the year. As was widely expected ahead of the decision, the BoE opted to ...
The US Dollar (USD) stumbled at the start of this week’s session, as an improvement in global risk appetite saw investors shy away from the safe-haven ‘Greenback’.Markets were cheered by the prospect ...
The Pound Sterling trades mildly lower against its major peers ahead of the UK GDP data for October to be released on Friday. Investors expect the BoE to cut interest rates by 25 bps to 3.75% next ...
According to economists at SEB Research, GBP/USD firmed after the Fed’s rate cut triggered a broad pullback in US yields and a weaker dollar, while risk appetite improved. "US stock indices rose after ...
The Pound Sterling gains against its major currency peers as BoE members support gradual monetary easing. Investors await the Fed’s monetary policy announcement. The Fed is expected to cut interest ...
The Pound (GBP) struggled to regain momentum on Monday as simmering political unease in the UK weighed on GBP sentiment.Reports that Labour Together – an influential Labour thinktank – has been ...