Tag: GBP/USD

EUR/USD Pares Gains amid US Data

The EUR/USD surged past the 1.12 handle on Thursday before quickly consolidating in the mid-1.11 region, as the markets digested a series of Eurozone...

EUR/USD Hits 2-Month Highs

The EUR/USD surged 150 pips on Wednesday, climbing to its highest level in two months after the US government said the economy barely expanded...

US Dollar Continues to Weaken ahead of Fed

The US dollar continued to backtrack on Tuesday, as the euro and British pound rose to new highs as the United States Federal Reserve...

US Dollar Index Rebounds as Greek Debt Crisis Worsens

The US dollar rallied on Monday, although gains were limited ahead of a deluge of economic data, as the markets absorbed the growing possibility...

US Dollar Index Resumes Descent

The US dollar was back on its heels on Thursday, declining against a basket of trade-weighted peers following disappointing housing data. The US dollar index,...

GBP/USD Hits 1-Month High

The GBP/USD advanced for a fifth consecutive day on Friday, as mostly positive UK employment figures capped off a strong weekly rally that saw...

GBP/USD Rallies amid Data Deluge

The British pound rallied against the US dollar on Tuesday, reversing nearly five-year lows following a deluge of economic data from the UK and...

GBP/USD Resumes Downtrend

The GBP/USD declined for a second consecutive day on Friday, as weak economic data further diminished the likelihood the Bank of England would consider...

USD Weekly Outlook: 13-19 April, 2015

US and international data will influence the direction of the US dollar this week, as investors weigh the latest Fed-speak against the most recent...

US Dollar Index Cools on Disappointing Economic Data

The US dollar was back on its heels on Wednesday, declining against a basket of trade-weighted currencies following unexpected weakness in employment, construction spending...

US Dollar Rallies Following FOMC Minutes

The US dollar was back in the driver’s seat on Thursday, with the EUR/USD declining sharply following news that Greece made a crucial loan...

US Dollar Falls Further Behind as Durable Goods Orders Tumble

The US dollar continued to edge lower on Wednesday, as durable goods orders declined unexpectedly in February, adding further evidence the economy was slowing amid global...

US Dollar Little Changed Following Stronger CPI

The US dollar was little changed against a basket of trade-weighted currencies on Tuesday, as stronger than forecast consumer price inflation failed to generate...

GBP/USD Approaching 5-Week Lows as Wage Data, BOE Minutes Weigh

The British pound declined sharply against its US counterpart on Wednesday, as tepid wage growth and a dovish Bank of England pushed the GBP/USD...

US Dollar Back on Its Feet After Broad Selloff

The dollar’s bullish uptrend resumed on Thursday, as the markets continued to absorb the Federal Reserve’s latest rate statement opening the door to a...

GBP/USD Weekly Outlook

The GBP/USD plunged to more than four-and-a-half year lows last Friday, as monetary policy speculation outweighed disappointing US economic data and lifted the dollar...

Cable Breaks below 1.50, Trading at 6-Week Lows

The British pound fell to six-week lows against the US dollar on Thursday, extending losses from the previous session that followed weaker than forecast...

Sterling Spikes Against Dollar After Carney’s QE Comments

It's rare for an article in a local British newspaper to send markets into a spin. However, that's exactly what happened this morning, after...

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