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Currency news

Pound bounces back before the weekend

After a pretty dismal week, the pound recovered losses against a number of the majors on Thursday.

GBP/USD struggles on surprise US inflation ...

The pound struggled to gain a firm footing yesterday, with little from the latest labour market data that proved particularly encouraging.

Weekly roundup: US dollar exchange rates ...

Once again, the US dollar was kept in limbo thanks to the sky-high odds of an interest rate hike from the Federal Reserve in December.

Monthly Wrap: USD – New head at the Fed

The US dollar fared pretty well in October, closing the month in a stronger position against not only the pound and euro but the Australian, New Zeala

Weekly roundup: Ultra-high odds of FOMC ...

Super strong odds of an interest rate hike next month from the Federal Reserve kept the US dollar afloat last week. USD took a knock from a more cauti

Weekly roundup: Economic data keeps rate hike ...

Data last week kept hopes of a December interest rate hike alive, with the US economy continuing to produce evidence of robust health. A general decli

Upside surprise from UK GDP data sends pound ...

Markets responded positively to the latest UK GDP data yesterday, sending the pound racing higher across the board.

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