GBPUSD Forex News

U.S. Dollar Climbs As Jobless Claims Fall, PCE Inflation Rises

U.S. Dollar Climbs As Jobless Claims Fall, PCE Inflation Rises

The U.S. dollar appreciated against its major counterparts in the New York session on Thursday, as GDP data showed a hot inflation reading for the first quarter and initial jobless claims fell to a two-month low last week, dashing hopes of a rate cut before September.
RTTNews | 6h 51min ago
Eye on U.S. GDP today

Eye on U.S. GDP today

he U.S. equity markets saw a halt in their two-day rally, primarily pulled down by disappointing earnings from Meta Platforms. As a result, both the Nasdaq and S&P 500 were left nearly unchanged, while the Dow Jones Industrial Average closed lower.
PU Prime | 13h 48min ago
U.S. Dollar Falls As Business Activity Slows

U.S. Dollar Falls As Business Activity Slows

The U.S. dollar weakened against its major counterparts in the New York session on Tuesday, after the release of weaker-than-expected flash PMI data for the month of April.
RTTNews | 2 days ago
Pound Rises On Upbeat U.K. PMI Data

Pound Rises On Upbeat U.K. PMI Data

The British pound strengthened against other major currencies in the European session on Tuesday, after a survey showed that U.K. private sector activity expanded for the sixth consecutive month in April.
RTTNews | 2 days ago
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Tuesday.
RTTNews | 2 days ago
Pound Falls On BoE Rate Cut Hopes

Pound Falls On BoE Rate Cut Hopes

The pound dropped against its major counterparts in the European session on Monday, as investors expect the Bank of England to start reducing interest rates in August following dovish comments from Bank of England Deputy Governor Ramsden last week.
RTTNews | 3 days ago