EUR/GBP gains traction for the second straight day and climbs to over a two-week high on Friday. The BoE’s bleak outlook offsets mostly better-than-expected UK data and undermines the GBP. …
EUR/GBP spikes to two-and-half-week high, 0.8500 mark back in sight Read More
GBP/USD meets with a fresh supply on Friday and retreats further from the post-US CPI swing high. The BoE’s bleak outlook undermines the GBP and acts as a headwind amid …
GBP/USD edges lower to 1.2170 area amid a modest pickup in the USD demand Read More
GBP/JPY gains some positive traction on Friday and recovers further from the weekly low. Mostly better-than-expected UK macro data benefits the British pound and offers support. The offered tone surrounding …
GBP/JPY sticks to gains near daily high, holds comfortably above mid-162.00s Read More
Quarterly GDP for the UK contracted by 0.1% in Q2 vs. -0.2% expected. UK GDP arrived at -0.6% MoM in June vs. -1.3% expected. GBP/USD recaptures 1.2200 on upbeat UK …
Breaking: UK Preliminary GDP shrinks 0.1% QoQ in Q2 vs. -0.2% expected Read More
Analysts at Scotiabank offer a sneak peek at what they expect from Wednesday’s US inflation release. Key quotes “The Cleveland Fed’s inflation ‘nowcast’ points toward inflation running a tenth or …
US Inflation preview: Year-ago base effects to drag headline and core rates down – Scotiabank Read More