Major currency pairs trade quietly ahead of next week’s Federal Reserve decision, with EUR/USD pressing resistance near 1.17 ...
Down from $1.16 to $1.15 Trade in the euro has been uneven in recent weeks, with underwhelming economic data from the ...
The British currency’s performance is partly influenced by global forces and Sterling tends to fall when global investor sentiment weakens. Particularly, this was evident when UK domestic economic ...
Market odds for a December cut currently stand at 87.6%, up from 84.4% one week ago, as signs of a slowing labour market are expected to push the Fed to lower borrowing costs. These bets kept a firm ...
Morgan Stanley has closed its bullish pound recommendation, noting the currency is likely to have seen its last near-term ...
The Pound (GBP) slipped on Thursday as investors sought to cash in on GBP/EUR’s rapid acceleration to a one-month high on ...
Pound sterling’s next big directional move risks a fall below 1.0 versus the euro when the next UK crisis swings around.
Traders are making pre-emptive moves on the indication Rachel Reeves’ forthcoming Autumn Budget will send the pound tumbling.
Almost half of UK fund managers are planning to increase their currency hedging in 2026 due to volatility in the pound, a new ...
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