GBP/NZD also looks punchy, and the bigger picture still favours GBP given New Zealand’s soft economic momentum. NZD was the ...
The Canadian dollar was the standout in pre-weekend trade after domestic employment figures sailed past expectations.
An interesting take on pound sterling's prospects heading into this week's inflation data print. Strategists at the investment bank think a soft inflation print might actually be to the pound's ...
The UK economy is tipped for a surprisingly strong third quarter, despite hand-wringing over the upcoming budget.
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In May, the Court of International Trade said U.S. President Donald Trump overstepped his authority by imposing tariffs under ...
Above: GBP/USD breaks below a key fibonacci support level. Another unforced error by UK Chancellor Reeves and a stock market drawdown are behind the move. The pound ...
File image of Starmer and Reeves. Image licensed as CC BY-NC-ND 2.0. Pound sterling fell against the euro, dollar and its other G10 peers. Weakness followed an unscheduled speech by Chancellor Rachel ...
Goldman Sachs says sterling weakness is linked to a decline in longer-dated Uk bond yields, which analyst say is consistent ...
Exchange rates tend to spend most of their time close to their nine-day EMA and the current lift in GBP/CAD reflects an effort to close the gap: it's a recalibration from an intense selloff and ...
Note that the RSI in the lower panel is a subdued 35 which is consistent with a well entrenched downside momentum. Last week saw the exchange rate break below the 100-day exponential moving average ...