The Pound Sterling drops across the board as UK GDP and Industrial Production figures disappoint. UK exports to the US saw their largest monthly decline…
GBP/JPY cross is pressured by a combination of factors, though it lacks follow-through selling. Reviving safe-haven demand and the divergent BoJ-BoE expectations weigh on spot…
UK GDP contracted 0.3% MoM in April, missing estimates. GBP/USD pares gains toward 1.3550 after the UK economic data. The UK economy contracted in April,…
EUR/GBP strengthens to near 0.8495 in Thursday’s early European session, up 0.27% on the day. UK GDP contracted 0.3% MoM in April, weaker than expected.…
GBP/USD gains ground to near 1.3580 in Thursday’s Asian session. Traders see the Fed will cut its borrowing costs by September. The UK monthly GDP…
Japanese Yen (JPY) is showing solid gains vs. the US Dollar (USD), up an impressive 0.5% with outperformance against most of the G10 currencies, Scotiabank’s…
GBP/JPY retraces to near 195.65 as the Japanese Yen (JPY) gains against a majority of its peers. According to the revised estimates, the Japanese economy…
The Japanese Yen attracts fresh buyers on Monday and snaps a two-day losing streak. An upward revision of Japan’s Q1 GDP reaffirms BoJ rate hike…
The Japanese economy showed no growth over the quarter in the first quarter (Q1) of 2025, the final reading released by Japan’s Cabinet Office showed on Monday. This reading…
Australia’s GDP posted a 0.2% q/q rise in 1Q25, lower than consensus expectations for a 0.4% q/q print, and growth pace of 0.6% q/q in…