Daily News
Markets in Motion: Hawkish Fed Spurs USD Surge.
USD Strengthens on Hawkish Fed: The Fed’s 25bp rate cut came with unexpectedly hawkish messaging, with limited easing projected for 2025. Powell emphasized a cautious approach, reducing urgency for further...
Fed, Eurozone, and UK Policy Highlights.
USD Outlook: The Fed is expected to deliver a 25bp rate cut in line with consensus, with limited scope for surprises to trigger major FX moves. Trump’s fiscal policies remain...
Markets Steady as USD Defies December Doldrums.
Strong PMIs contrast with weak manufacturing; Fed expected to hold a cautious tone. Political turmoil from Freeland’s resignation and trade concerns weigh on CAD. Improved eurozone PMIs offset by Germany’s...
Fed Week, European Data, and Sterling’s Struggles.
USD Stays Firm Amid Fed Week: Markets expect a 25bps rate cut on Wednesday, shifting focus to the Fed’s 2025 forecasts, which now predict three rate cuts. The dollar remains...
Insights
GBPEUR: November Overview & December Outlook.
GBP/EUR exchange rate touches highest level since April 2022 The pound euro exchange rate dropped more than 0.5% below the €1.19 benchmark on 1 November. Applying the downward pressure was…
GBPUSD: November Overview & December Outlook.
GBP/USD exchange rate dropped to a six-month low in November Having firmed on 5 November following a better-than-expected UK PMI reading, the pound plunged to a three-month low of around…
GBPEUR: October Overview & November Outlook.
GBP/EUR exchange rate hits two-year high in October The pound euro exchange rate nosedived by more than 1.1% into the €1.18 mid-range on 3 October – its lowest level since…
GBPUSD: October Overview & November Outlook.
GBP/USD exchange rate touches two-month low in October following UK budget The pound dollar exchange rate slipped to an eight-day low in the $1.32 mid-range after the escalating conflict in…
GBPEUR: September Overview & October Outlook.
GBP/EUR exchange rate hits 29-month high in September Following a relatively subdued start to the month, the pound euro exchange rate dropped to a one-week low in the 1.18 mid-range…
GBPUSD: September Overview & October Outlook.
GBP/USD exchange rate strikes 31-month high in September The pound dollar exchange rate was largely subdued in the 1.31 mid-range at the start of the month, despite upbeat UK PMI…
GBPUSD: August Overview & September Outlook.
GBP/USD Exchange rate hits two-year high in August The pound began the month on the back foot following the Bank of England’s (BoE) interest rate decision on 1 August, causing…
GBPEUR: August Overview & September Outlook.
GBP/EUR Exchange rate breaks through 1.19 in August The pound euro exchange rate was subdued on 1 August despite the Bank of England (BoE) enacting a widely expected interest rate…
GBPEUR: July Overview & August Outlook.
GBP-EUR Exchange rate hits multi-month high above 1.19 The pound euro exchange rate traded near a three-week low around 1.177 on 1 July following the first stage of France’s general…
GBPUSD: July Overview & August Outlook.
GBP-USD Exchange rate touches 51-week high above 1.30 The pound dollar exchange rate touched a six-week low around 1.263 on 2 July amid rising odds of former president Donald Trump…