GBP/USD

The BoE's announcement on potential interest rate cuts sent GBP/USD lower before a mid-morning recovery. Dive into shifting monetary policies, market speculation, and upcoming economic data.

2024-05-09T19:37:33+0100

As Q1 2024 GDP in the US dips to 1.6%, missing forecasts, the dollar declines against key currencies. With inflation fears looming, investors eye upcoming PCE data for signals on the Fed's direction amid stagflationary pressure.

2024-04-25T22:27:43+0100

Following unexpectedly low US PMI figures, the dollar weakens and Treasury yields dip, reflecting concerns over economic growth. GBP and EUR gain as speculation on a July rate cut from the Fed intensifies.

2024-04-23T19:18:55+0100

GBP/USD dips below 1.2300 amid BoE rate cut rumors. With UK inflation at its lowest since 2021 and central banks' diverging paths, the pound faces volatility against the dollar and euro, hinting at possible further declines.

2024-04-22T21:56:11+0100

Following Bank of England signals of potential rate cuts, GBP/USD dropped below 1.2700, falling over 100 pips. Inflation declines and UK's economic outlook could drive the pair to new lows, amid higher US rates.

2024-03-26T23:36:27+0000

GBP/USD dips after a 5-day decline amidst recession fears and inflation concerns. As traders eye the BoE's March 21st meeting without expected rate changes, sentiments and historical volatility loom large over the pound's future.

2024-03-21T14:38:19+0000

Explore how AUD/USD's rise to 0.6600 was fueled by Powell's interest rate cut hints and soaring gold prices, alongside positive Australian trade data and economic indicators.

2024-03-11T20:35:51+0000

Recent US data now points to a strong labor market and services industry. See how US dollar is reacting and what new lows British pound hit as a result.

2024-02-13T14:06:07+0000