GBPUSD Forex News
Pound Falls Amid Risk Aversion
The pound lost ground against its major counterparts on Friday, as European shares fell amid persistent concerns about the upcoming parliamentary elections in France.
RTTNews
|
10h 9min ago
Daily Global Market Update
GBP/USD dipped 0.2%, Bitcoin plunged 2.1%, Oil fell 0.4% but indicator positive. AUD/USD down 0.4%. Terraform Labs to close, US producer prices down, Oil mixed. Upcoming events: US Export Price Index, Eurogroup meeting, US Michigan Consumer Sentiment Index.
Moneta Markets
|
11h 33min ago
Dollar Rebounds, Fed Dot-Plot Signals Just One Rate Cut This Year
The Dollar Index (DXY)shrugged off softer than expected US Producer Prices, instead climbing 0.5% to 105.25 from 104.70 yesterday. The US Federal Reserve signaled just one rate cut this year, from three previously.
ACY Securities
|
15h 2min ago
Dollar Gains on Hawkish Fed Outlook
After digesting Jerome Powell's comments following the FOMC interest rate decision on Wednesday, the dollar erased all its losses from the soft CPI reading, continuing its upward trajectory. The hawkish outlook from the Fed stimulated dollar strength against its peers, while the bullish momentum in equity markets was hindered by the prospect of prolonged high interest rates.
PU Prime
|
15h 7min ago
Forex Market Report - 14th June 2024
Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.
DNA Markets
|
16h 4min ago
Euro Slides on France Uncertainty; ECB Cautious after Rate Cut
The Euro (EUR/USD) slid to a 5-week low at 1.0740 (1.0800) as political instability in France weighed on the shared currency. French President Emmanuel Macron called for a snap legislative election.
ACY Securities
|
19h 29min ago
U.S. Dollar Mixed Amid Cautious Mood
The U.S. dollar turned mixed against its major counterparts in the New York session on Thursday.
RTTNews
|
1 day ago
Soft CPI Hammers Dollar
the U.S. CPI came in lower than market consensus, indicating easing inflation and boosting risk appetite.
PU Prime
|
1 day ago
U.S. Dollar Rebounds As Fed Signals Only One Rate Cut This Year
The U.S. dollar recovered against its major counterparts in the New York session on Wednesday, as the Federal Reserve kept its benchmark rate unchanged as widely expected and projected just one rate cut this year.
RTTNews
|
2 days ago
U.S. Dollar Drops As Slowing Inflation Lifts Rate Cut Hopes
The U.S. dollar weakened against its major counterparts in the New York session on Wednesday, as inflation came in lower than expected in May, reviving hopes for a rate cut by the Federal Reserve in September.
RTTNews
|
2 days ago
