The pound (GBP) traded without a clear direction yesterday as a lack of UK economic data left the currency rudderless. As a result, the increasingly risk-sensitive pound was impacted by the market ...
The pound Australian dollar (GBP/AUD) exchange rate continues to weaken today ahead of the release of the US core PCE price index. The data is likely to influence the wider currency market, given the ...
The pound euro (GBP/EUR) exchange rate is trapped in a narrow range this morning as markets await data from both the UK and the Eurozone. At the time of writing, GBP/EUR is trading at around €1.2006, ...
The pound (GBP) trended broadly higher on Thursday as the currency was underpinned by improving market sentiment. However, Sterling’s upside potential was ultimately limited by a report from the ...
The pound (GBP) was underpinned during yesterday’s session by comments from Bank of England (BoE) Governor Andrew Bailey. Speaking in an interview with KentOnline, Bailey suggested that UK interest ...
The pound US dollar (GBP/USD) exchange rate is pulling back this morning after hitting a 31-month high overnight, as the recent risk-on rally in markets tapers off. At the time of writing, GBP/USD is ...
The pound euro (GBP/EUR) exchange rate is edging higher this morning following the publication of Germany’s latest GFK consumer confidence index. At the time of writing, GBP/EUR is trading at around ...
The pound euro (GBP/EUR) exchange rate is retreating this morning as a return to anxious trading conditions is hobbling the currency pairing. At the time of writing, GBP/EUR is trading at around ...
The pound US dollar dollar (GBP/USD) exchange rate is trending higher today as cautious rhetoric from the Federal Reserve dampens US dollar (USD) appeal. At the time of writing, GBP/USD is trading at ...
The pound euro (GBP/EUR) exchange rate is trending broadly higher this morning, and has reached a fresh two-year high, following the publication of the UK’s and the Eurozone’s latest PMI data. At the ...
The pound (GBP) was subdued through yesterday’s session, following the release of a mixed UK services PMI. While growth in the UK’s vital services sector proved more modest than expected, the index ...
The pound (GBP) enjoyed some support yesterday after the Bank of England (BoE) voted overwhelmingly not to cut interest rates at its September policy meeting. However, as this was in line with market ...