GBP/USD edges higher as UK jobs data eases BoE pressure, Fed doves resurface
UK payrolls were revised upward, offering relief to the BoE amid sticky inflation.Fed’s Waller backs July rate cut;…
Likely BoE rate cut and tax hikes cast ‘gloomy pall’ on Sterling
The sharp drop in payrolled employees in Britain in May has cast a gloomy pall on sterling and…
GBP/USD holds onto high ground ahead of dual central bank appearances and US ISM data
GBP/USD remains bolted firmly to multi-year highs above 1.3700.Despite middling UK economic data, the Pound Sterling is holding…
GBP/USD hangs out near highs ahead of double-header central bank rate calls
GBP/USD continues to float near 40-month highs around the 1.3600 region.Cable traders are holding steady on the high…
Pound Sterling awaits Fed and BoE rate decisions amid geopolitical tensions
The Pound Sterling refreshed 39-month highs against the US Dollar.The Fed and BoE policy verdicts will drive the…
British Pound trades flat amid BoE caution, US Dollar recovers modestly
GBP/USD trades flat on Tuesday, holding within Monday’s range near 1.3520.BoE Governor Bailey sees rates moving lower but…
Supply chain data points more clearly to disinflation than noisy wage data
Bank of England (BoE) policymaker Swati Dhingra is testifying on the May Monetary Policy Report (MPR) before the…
Pound Sterling resumes upside against US Dollar, US Durable Goods Orders beat estimates
The Pound Sterling rebounds to near 1.3300 against the US Dollar as the USD Index struggles to extend…
Pound Sterling outperforms on strong UK employment data
The Pound Sterling outperforms most of its peers on upbeat UK employment data for three months ending February.Investors…
Technical Analysis – GBPUSD holds above 1.25 but weak bullish bias
GBPUSD finds strong support in 1.2480 region But upside momentum struggles to take off GBPUSD has managed to…
Stagflation concerns are re-emerging in the United Kingdom – Commerzbank
The UK macro data released on Friday was a double whammy: first, October retail sales surprised to the…
Pound Sterling declines as UK unemployment rate jumps to 4.3%
The Pound Sterling slumps to nearly 1.2800 against the US Dollar after the release of the weak UK…