GBPUSD Forex News
U.S. Dollar Drops As Stocks Advance
The U.S. dollar weakened against its major counterparts in the New York session on Friday, as U.S. stocks edged higher after falling in the previous session.
RTTNews
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1 day ago
Robust PMIs Lift Dollar; US Two-Year Bond Yield Surges
The Dollar Index (DXY), which gauges the value of the Greenback against a basket of 6 major currencies, lifted to 105.05 (104.90). Robust US PMIs lifted the Dollar.
ACY Securities
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1 day ago
NZD/CAD BoC vs. RBNZ Divergence
The New Zealand dollar was the top performer among G10 currencies last night, and the latest policy meeting by the RBNZ is to thank for that. The NZD/USD exchange rate surged to an intra-day high of 0.6152, while the AUD/NZD rate fell to an intra-day low of 1.0861. The New Zealand dollar has appreciated 4.1% month-to-date versus the USD, making the Kiwi the best G10 currency this month.
ACY Securities
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1 day ago
Dollar Gain on Hawkish Fed Prospect
U.S. PMI readings beating market expectations came to its highest level in 2 years, fuels dollar upward momentum.
PU Prime
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2 days ago
Pound Slides As U.K. Retail Sales Fall More Than Forecast
The British pound weakened against other major currencies in the European session on Friday, after data showed that U.K. retail sales declined more than expected in April as poor weather reduced footfall.
RTTNews
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2 days ago
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday.
RTTNews
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2 days ago
U.S. Dollar Advances Amid Solid PMI Data
The U.S. dollar climbed against its major counterparts in the New York session on Thursday, as the nation's business activity accelerated sharply in May, its highest level since April 2022.
RTTNews
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2 days ago
Investors Seeing the Light the Rising Appeal of GBP
There has been evidence of an increase in optimism among FX investors regarding the GBP. Bearish sentiment, which surrounded the GBP over the past years, is revived out of a slight relaxation in cost-push inflation and the expectation of political stability to emerge after the general election this autumn.
ACY Securities
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2 days ago
Dollar Surge on Hawkish FOMC Meeting Minutes
The U.S. dollar has strengthened, with the Dollar Index (DXY) climbing to its highest level this week, fueled by hawkish FOMC meeting minutes released in the last session. The minutes revealed that some members doubted whether the current interest rate level is sufficient to bring inflation down to the 2% target, leading to a jump in both U.S. Treasury yields and the dollar's strength.
PU Prime
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3 days ago
UK Inflation distanced the expected rate cut
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: UK Inflation distanced the expected rate cut
FxPro
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3 days ago
