Pound Sterling strengthens in countdown to US data, UK elections outcome Finance July 3, 2024 The Pound Sterling strengthens against the US Dollar as Fed’s Powell seems confident that disinflation has resumed. UK elections outcome will…
Pound Sterling steadies above 1.2700 after weak preliminary UK PMI report Finance May 23, 2024 The Pound Sterling faces selling pressure near 1.2750 on weak UK preliminary PMI data for May. A slower-than-expected decline in the…
Pound Sterling clings to gains above 1.2700 ahead of UK Inflation and FOMC minutes Finance May 21, 2024 The Pound Sterling trades strongly above 1.2700 against the US Dollar ahead of UK inflation data. UK inflation is forecasted…
Pound Sterling clings to gains near 1.2700 on firm Fed rate-cut prospects Finance May 16, 2024 The Pound Sterling holds gains near 1.2700 amid cheerful market sentiment. UK’s steady wage growth keeps BoE rate-cut context uncertain.…
Pound Sterling weakens against US Dollar as investors shift focus to US NFP Finance May 2, 2024 The Pound Sterling falls below 1.2500 despite the Fed’s guidance on interest rates was slightly less hawkish than expected. Fed’s Chair Jerome…