The Pound Sterling faces selling pressure against its peers due to moderate growth in preliminary UK PMI data for July. Hopes of US-EU trade deal…
Pound Sterling weakens as UK PMI grew modestly The Pound Sterling (GBP) declines against its major peers on Thursday as the preliminary United Kingdom (UK)…
The US Dollar (USD) eased yesterday, leaving the Dollar Index (DXY) at a new cycle low briefly, while Canada was enjoying its national holiday. But…
The euro remains modestly bid against the US Dollar on Friday, amid a softer Greenback and calmer risk tone. US President Trump’s cautious stance on…
USD/JPY slips back below 145.00 as traders turn cautious ahead of the Federal Reserve’s interest rate decision. The Japanese Yen finds modest support despite soft…
Euro (EUR) is up 0.2% vs. the US Dollar (USD) and a mid-performer among the G10, extending its recovery from last week’s geopolitically-driven pullback, Scotiabank’s…
Euro (EUR) is up a modest 0.2% against the US Dollar (USD), a mid-performer among the G10 in an environment of broad-based USD weakness, Scotiabank’s…
Pound Sterling (GBP) is also down 0.2% vs. the US Dollar (USD) with a modest pullback from Thursday’s fresh multi-year high, Scotiabank’s Chief FX Strategist…
British Pound trades flat amid BoE caution, US Dollar recovers modestly The British Pound (GBP) is trading flat against the US Dollar (USD) on Tuesday,…
GBP/USD trades flat on Tuesday, holding within Monday’s range near 1.3520. BoE Governor Bailey sees rates moving lower but warns of increased uncertainty. A split…