GBP/USD lost around 0.2% on Thursday as Cable traders await meaningful news.
--Up 2.05% from its 52-week low of 1.2167 hit Friday, Jan. 17, 2025 --Year-to-date the British pound is down 0.78% vs the dollar The industry has struggled to find any consistency, but there are ...
The Bank of England (BoE) faces an extra dilemma ahead of next week’s interest-rate decision, with the slump in the value of ...
The euro stayed weaker against the dollar, showing little reaction after the ECB cut interest rates by a widely-expected 25bps.
And the government will be doing its utmost to persuade the OBR not to revise those forecasts down – which would only make the UK's fiscal position worse. We suspect the government will have to ...
The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate ...
Today the US focus should be on a reasonably strong fourth-quarter GDP release, very much driven by strong consumption. This ...