Tag: Sterling

Sterling Rally Provides Short Term Relief, Bigger Picture Remains Grim

GBP Key Points:Outlook: NeutralUK Energy Aid Will Cost The Treasury Billions and Cut Inflation.Bank of England MPC Meeting Moved to 22 September. Foundational Trading Knowledge Forex Fundamental Analysis Recommended by Zain Vawda GBP Week in ReviewThe...

Euro, sterling knocked by growth worries and UK inflation at new 40-year high By Reuters

2/2 © Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration 2/2 By Joice Alves and Alun John LONDON (Reuters) - The euro and...

Dollar Edges Higher After Fed; Sterling Weakens Ahead of BoE Meeting By Investing.com

© Reuters. By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trade Thursday, maintaining a positive tone as traders digested the Federal Reserve’s policy decisions. At 3 AM ET (0700 GMT),...

Positive Employment Data Nourishes Sterling Recovery

GBP/USD ANALYSISEmployment change (FEB) – ACT: 83K, EST: 5KUnemployment rate (MAR) – ACT: 3.7%, EST: 3.8%CABLE ON THE UP!Cable gained further traction after the employment change and unemployment releases beat estimates (see economic...

Dollar Strengthens After CPI; Sterling Hit by GDP Release By Investing.com

© Reuters. By Peter Nurse Investing.com - The U.S. dollar strengthened in early European trade Thursday to a new two-decade high after U.S. inflation remained stubbornly high, while sterling weakened on disappointing U.K. growth...

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