The Pound Sterling slipped against the Euro and US Dollar on Wednesday after UK inflation eased to 3.6%, but concerns lingered beneath the headline figure, including hotter food prices and a ...
Danske Bank considers that the overall trend in domestic fundamentals, together with a vulnerable global environment will maintain Pound vulnerability. In this environment, it forecasts further losses ...
ING’s base case is that the US currency will lose ground in 2026 amid a mediocre economic performance, reservations surrounding Fed independence and an improved Euro-Zone outlook. In this scenario, it ...
Wednesday’s consumer price index is forecast to show headline inflation easing from 3.8% to 3.6% in October – the first slowdown since May. A softer inflation print would almost certainly reinforce ...
The Pound US Dollar ( GBP/USD) exchange rate softened on Tuesday as a stock market selloff rattled investors and bolstered safe-haven demand. The US Dollar (USD) edged higher on Tuesday, as risk-off ...
Meanwhile, in the absence of any notable CAD economic releases, movement in the ‘Loonie’ is likely to remain linked to oil price dynamics. If prices continue to drop amid fears that an economic ...
The Pound to Euro ( GBP/EUR) exchange rate dipped sharply to 30-month lows near 1.1280 on Friday amid reports of a government U-turn on raising income tax in this month’s budget before rallying to ...
According to Nordea, the risk premium on the dollar has faded which will help maintain near-term support, but it expects renewed fears next year which will trigger renewed losses for the US currency.
The Pound to Australian Dollar exchange rate ( GBP/AUD) ticked higher on Monday, amid a downbeat start to the week. The Australian Dollar (AUD) came under pressure at the start of the week, with the ...
The Pound to Euro ( GBP/EUR) exchange rate traded in a narrow range on Monday, following the publication of the European Commission's latest growth forecasts. The Euro (EUR) struggled to attract any ...
The US dollar index (DXY) was less volatile but drifted lower, weighed down by indecision over the Fed’s next move. The odds of a December cut have tumbled from over 90% in October to roughly 50%, ...
While Reeves had previously hinted at an income tax rise, reports late last week suggested the Chancellor may now have scrapped the idea, a u-turn that spooked markets and triggered a sharp selloff in ...