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Gbpusd News

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UK Wage Growth Slow, HSBC Sells Sterling Mar 12 2024    
Today's UK employment data release undermined the Pound Sterling's position versus USD and EUR. Here's why.
Sterling Knocks Out Euro-Dollar on Speculation of Interest Rates Mar 8 2024    
The Pound Sterling exchange rate strengthened as markets expected the Federal Reserve and European Central Bank to cut interest rates earlier than the Bank of England.
GBP/USD Knocked Down by Short-Term Risk-off Action Feb 28 2024    
GBP/USD's weakness isn't based on any particular catalysts from the Pound Sterling side, but solely on risk-off ahead of tomorrow's US economic data releases.
Nomura: Sterling Outlook is Constructive, EUR/USD Neutral Feb 23 2024    
Nomura expects the BoE to start rate cuts only in August, while the ECB and the Fed in June. This affects the outlook for Sterling and the Euro.
GBP/USD Depressed, Focus Turns to UK GDP Release Feb 14 2024    
GBP/USD plunged to a low of 1.2535 on the heels of the release of very disappointing UK inflation data.
GBP/USD Overjoyed by Increasing UK House Prices Feb 7 2024    
As long as UK house prices continue to rise rapidly, inflationary pressures will find it difficult to slow down. This pushes the GBPUSD rate higher.
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GBP/USD Flinches Despite Central Bank Hawkishness Feb 1 2024    
The Bank of England delivered a more hawkish announcement, but the prospect of a rate cut continued to weigh on the pound sterling in GBP/USD and other pairs.
UK Businesses are in Boost, Pound Sterling is Lively Jan 24 2024    
The Pound Sterling excelled, as the Purchasing Managers' Index (PMI) showed business activity in the UK was more buoyant than Eurozone member states.
UK Retail Falters, GBP/USD Slips Thinly Jan 19 2024    
Speculation surrounding the pound sterling is further complicated by a series of mixed UK economic data releases this week.
Risk-off Action Trips Sterling ahead of Key Data Releases Jan 15 2024    
GBPUSD struggles to break major resistance technically and faces tough challenges from three important data releases ahead.
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