Pound Sterling Weakens After Softer UK GDP, Bolstering BoE Rate Cut Bets
The British pound (GBP) continued to struggle against the US dollar as fresh economic data showed the UK economy expanded by only 0.1 %…
Category
Pound
GBP/USD Slides Below 1.3780 as Fed Hold Boosts the Dollar
GBP/USD fell below 1.3780 during Thursday’s North American session as the US Federal Reserve (Fed) kept interest rates unchanged and highlighted a stable labor…
Pound Sterling Gains on Strong UK Economic Data
Pound Sterling rose sharply this week, supported by better-than-expected UK Retail Sales and January PMI data. The British currency strengthened to near 1.3536 against…
Pound Sterling Edges Lower Against US Dollar as 2025 Draws to a Close
Pound Sterling edges lower against US Dollar in the final European trading sessions of 2025, even as the British currency remains broadly resilient against…
Pound Sterling Gains on US Dollar as Fed Dovish Outlook for 2026 Persists
The Pound Sterling (GBP) strengthened against the US Dollar (USD) on Wednesday, climbing to around 1.3535 during the European session—its highest level in three…
Pound Sterling Rises After Revised UK Q3 GDP Confirms Modest Growth
Pound Sterling strengthened against its major peers on Monday after revised UK economic data confirmed that the economy avoided contraction in the third quarter.…
Pound Sterling Steadies After Fed Cut as Markets Await UK GDP Data
The Pound Sterling (GBP) is holding firm on Thursday, giving back only a small portion of its recent gains after the U.S. Federal Reserve…
Cocoa Prices Drop as Stronger Dollar and Pound Pressure the Market
Cocoa prices slipped on Thursday, dragged down by renewed strength in the U.S. Dollar and British Pound. The Dollar Index bounced off a five-week…
Pound Sterling Shows Early Strength Ahead of UK Budget
The British Pound (GBP) is showing early gains as investors anticipate the UK budget announcement on Wednesday. With much of the negative sentiment already…