Posts Tagged ‘FED’
Markets Await Key Inflation Data and Spring Statement as GBP Holds Firm
GBP The Pound struggled against its major counterparts on Friday after the Bank of England (BoE) left interest rates unchanged at 4.5%. Despite a slightly hawkish tone, the decision weighed on Sterling. The Monetary Policy Committee (MPC) voted 8-1 to maintain rates, with only Swati Dhingra supporting a 25 basis point cut. Markets had expected…
Read MoreMarket Outlook: Key Interest Rate Decisions and Economic Indicators to Watch This Week
Currency Pairs Currency Pair Mid-Market Rate GBP – USD 1.2970 GBP – EUR 1.1891 EUR – USD 1.0906 Interest Rates & Inflation Country Interest Rate Inflation Eurozone 2.65% 2.4% UK 4.5% 3.0% US 4.5% 2.8% GBP EUR USD We specialise in helping businesses and individuals manage foreign exchange risks through expert insights, personalised guidance, and…
Read MoreMarket Insights: Currency Trends, Gold Rally, and FTSE 100 Volatility
Foreign Exchange Market Overview: GBP, EUR, and USD In recent weeks, the foreign exchange market has experienced significant fluctuations, particularly among the British Pound (GBP), Euro (EUR), and US Dollar (USD). These movements have been influenced by various geopolitical events, economic policies, and market sentiment. Euro (EUR) Performance and Outlook The Euro has demonstrated notable…
Read MorePound Resilient Amid Tariff Tensions and Central Bank Shifts
GBP The Pound held firm last week, supported by comments from Bank of England (BoE) Deputy Governor Dave Ramsden, who emphasised the need for a gradual approach to rate cuts. Investors continue to expect the BoE’s easing cycle to be more measured than other major central banks, with markets pricing in two rate cuts this…
Read MoreGBP Surges to 2025 High as UK Economy Shows Resilience
British Pound (GBP): The British Pound has been on an upward trajectory against the US Dollar, reaching its highest level in 2025. This appreciation is largely driven by stronger-than-expected UK GDP data, which showed an unexpected 0.1% growth in the fourth quarter of the previous year—reinforcing confidence in the UK’s economic resilience. Against the Euro,…
Read MorePound Holds Firm Ahead of BoE Decision, Euro Struggles, and Dollar Gains on Market Uncertainty
GBP The British Pound is behaving like a safe-haven currency as markets react to the latest U.S. tariff announcements from President Trump. While the U.S. Dollar is strengthening, the Pound is holding up well. This suggests that investors see the UK as less vulnerable to tariffs compared to major exporters like the Eurozone. The UK…
Read MoreMarkets Brace for Policy Shifts and Key Data: GBP, USD, and EUR in Focus
Overview In the upcoming week, the market is poised to react to significant economic data releases and the initial policy actions of President Donald Trump’s second term. The focus will be on the British Pound (GBP), the US Dollar (USD), and the Euro (EUR), as traders assess the implications of new economic policies and key…
Read MoreSterling Gains Ground, Eurozone Inflation in Focus, and USD Eyes Jobs Report for Direction
GBP Sterling has held up well following its shaky start to the new year, trading firmly above 1.20 against the Euro (currently 1.2051) and pushing above 1.25 against the Dollar (currently 1.2570). It’s a quiet week ahead for UK data. This morning’s BRC Like-for-Like Retail Sales figures for December came in at +3.1%, significantly beating…
Read MoreGBP Braces for BoE Rate Decision; EUR and USD Eyes Turn to ECB and U.S. Election Outcomes
GBP The spotlight in the UK FX market is on Thursday afternoon, when the Bank of England (BoE) will announce its latest interest rate decision. Currently, inflation has eased to 1.7%, below the BoE’s target of 2%. Markets are widely anticipating a 0.25% rate cut, which would bring the base rate to 4.75% Despite the…
Read MoreSterling Rises on Strong UK Inflation, Markets Eye Fed’s Interest Rate Decision
GBP The British Pound strengthened during Wednesday’s London session following hotter-than-expected UK inflation data for August. At the time of writing, GBP|USD was nearing 1.3220, while GBP|EUR held around 1.1875. Volatility is expected later today with the Federal Reserve’s monetary policy decision at 18:00 GMT. According to the Office for National Statistics, core Consumer Price…
Read More