United Kingdom CFTC GBP NC Net Positions: £-2K vs £-6.6K
United Kingdom CFTC GBP NC Net Positions: £-2K vs £-6.6K Source link
United Kingdom CFTC GBP NC Net Positions: £-2K vs £-6.6K Source link
The British Pound (GBP) retreated slightly against the US Dollar (USD) on Friday, with the GBP/USD pair trading around 1.3555, down 0.1% on the day, correcting after the previous day’s rebound. The GBP remains under pressure in the forex market, however, held back by persistent concerns over the health of the UK labour market ahead…
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United Kingdom Gross Domestic Product (MoM) below forecasts (0.1%) in May: Actual (-0.1%) Source link
The Pound Sterling recovers to 1.3470 against the US Dollar as investors reassess the impact of the US court’s decision against tariffs. The US court ruled out Trump’s tariff policy, citing it as a violation of constitutional limits. The IMF has slightly raised its forecast for UK GDP growth for the year to 1.2% The…
Citing confirmation from a British government source, Sky News reported on Thursday that the UK and the US have reached a “heads of terms” agreement and a “substantive” step towards a full trade deal. “I think it is politically helpful for Keir Starmer to have got the heads of terms, the kind of main points of…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any…
EUR/GBP softens to around 0.8285 in Wednesday’s early European session. UK CPI inflation rose to 3.0% YoY in January vs. 2.8% expected. The dovish stance from the ECB might drag the Euro lower. The EUR/GBP cross weakens to near 0.8285 during the early European trading hours on Wednesday. The Pound Sterling (GBP) edges higher against the…
United Kingdom M4 Money Supply (YoY): 2.9% (November) vs previous 3% Source link
EUR/GBP extends its decline as the Pound Sterling gains support from the BoE’s decision to maintain its interest rate. UK Retail Sales rose by 1.0% MoM in August, following a prior increase of 0.5%. Germany’s Producer Price Index (MoM) recorded a consistent increase of 0.2% for August. EUR/GBP continues to lose ground, trading around 0.8390…