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Dollar edges lower in holiday trade; sterling gains as polling starts
Investing.com via Yahoo Finance UK· 2 days agoThe U.S. dollar slipped lower in early European trade Thursday as weak economic data raised expectations of interest rate cuts by the Federal Reserve, while sterling edged higher as the U.K.
GBP/USD jumps higher on broad-market Greenback weakness
The Forex Market· 2 days agoGBP/USD climbed towards 1.2780 on Wednesday as rate cut hopes reignite. UK election on Thursday...
EUR/USD lurches higher after US data dumps Greenback
The Forex Market· 2 days agoEUR/USD found a leg up on Wednesday, climbing briefly above the 1.0800 handle after a broad miss in US economic figures hinted at further signs of a...
How could the UK general election impact the Pound Sterling?
The Forex Market· 3 days agoPolls show the Labour Party is likely to win the July 4 UK general election. Regardless of which...
GBP/USD strength ahead of election day
The Forex Market· 3 days agoWith just one day to go until Election Day in the United Kingdom, the only thing in doubt is the scale of the Conservatives’ defeat. Despite Boris...
Forex Today: Key data releases and FOMC Minutes point to volatile day ahead of US holiday
The Forex Market· 3 days agoHere is what you need to know on Wednesday, July 3: The US Dollar (USD) struggles to find demand...
Pound Sterling strengthens as US private payrolls growth unexpectedly slowed in June
The Forex Market· 3 days agoThe Pound Sterling (GBP) extends its upside to near 1.2735 in Wednesday’s New York session after a...
The ADP job report is due ahead of Friday’s official Payrolls
The Forex Market· 3 days agoGerman yields were mostly flat on the day with a minor outperformance at the front (2-yr -1.8 bps)....
EUR/USD Price Analysis: Consolidates gains below 1.0750, upside potential seems limited
The Forex Market· 3 days agoThe first upside barrier will emerge at 1.0786; the initial support level is seen at 1.0650. The...
Dollar slips after dovish Powell speech; euro gains ahead of French vote
Investing.com via Yahoo Finance UK· 3 days agoThe U.S. dollar retreated in early European trade Wednesday after Federal Reserve Chair Jerome Powell flagged progress towards bringing down inflation, while the euro edged higher ahead of the ...