Markets are digesting surprise auto tariffs from US President Donald Trump. Traders and the Fed mull over the impact of additional tariffs being issued by…
GBP/USD appreciates as the US Dollar loses ground amid lower yields. Traders await weekly Initial Jobless Claims and Q4 Gross Domestic Product Annualized data from…
The UK’s Office for Budget Responsibility (OBR) said on Wednesday that the UK’s long-term fiscal outlook remains very challenging amid the uncertainty surrounding the full…
China’s macroeconomic data turned out brighter than expected in Jan-Feb with industrial production, retail sales and urban fixed assets investment (FAI) above Bloomberg’s consensus forecasts.…
GBP/USD shrugs as UK GDP unexpectedly declines The British pound has edged lower against the US dollar on Friday. GBP/USD is trading at 1.2928 in…
GBP/USD drifts lower to near 1.2925 in Friday’s early European session. The UK GDP declined 0.1% MoM in January, weaker than expected. Traders raise their bets…
EUR/GBP could find primary resistance around the psychological level of 0.8400. The currency cross is testing nine-day EMA support, suggesting a potential weakening of short-term…
UK GDP decreased 0.1% MoM in January, missing estimates by a wide margin. GBP/USD drops toward 1.2900 after the UK economic data. The UK economy…
EUR/GBP could face further depreciation as the Euro weakens amid an escalating US-EU trade war. President Trump threatened a 200% tariff on all European wines…
GBP/USD maintains its position near the four-month high of 1.2989 reached on March 13. Risk sentiment weakened after President Trump threatened a 200% tariff on…