Created on December 13, 2024 The British pound initially tried to rally against the US dollar during trading on Thursday, but gave back gains, plunged,...
The GBP/USD and EUR/USD are both trading higher on the day, with GBP/USD outperforming. The GBP/USD is currently up by 0.52%, trading at 1.2618 after...
Created on December 16, 2024 This week’s central bank announcements, led by the Fed and Bank of England announcements, will shape the future of GBP/USD’s...
Business activity in the UK stalled in December. Prices charged by UK companies accelerated at the fastest rate in nine months. Traders are almost fully...
GBP/USD’s decline last week suggests that corrective recovery from 1.2486 might have completed at 1.2810 already. Break of 1.2615 should affirm this case, and bring...
US inflation data showed an increase in price pressures in November. Market participants scaled back expectations for Fed rate cuts in 2025. Traders expect policy...
The UK economy contracted by 0.1% in October. US wholesale inflation increased by 0.4%, above estimates of 0.2%. The dollar is getting support from the...