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Pound firms on BoE rate hike speculation

The pound trended higher on Monday, supported by some hawkish signals from the Bank of England (BoE).

US dollar undermined by disappointing payroll ...

The US dollar stumbled on Friday, in the wake of a disappointing US payroll report, which raised doubts over the Federal Reserve’s tapering plans.

US dollar stable as investors await today’s ...

The US dollar traded in a narrow range through yesterday’s trading session, amidst a prevailing risk-on mood ahead of today’s US payroll report.

Pound subdued as gas prices hit fresh record ...

Sterling struggled for clear direction during yesterday’s session as gas prices hit fresh record highs and investors reacted to UK Prime Minister Bori

Pound strengthens on easing fuel shortages

The pound pushed higher again yesterday as the fuel shortages appeared to ease and growth in the service sector unexpectedly rose in September.

Weekly roundup: US dollar firms ahead of US ...

The US dollar soared last week as global growth worries drove a risk-off mood and fuelled demand for the safe-haven currency.

Pound extends recovery rally

The pound strengthened on Monday for a third consecutive session, recovering more losses, with GBP/EUR above the start of last week’s levels.

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