GBP/USD falls near 1.3500 as US GDP exceeds expectations, with PCE in view.
GBP/USD Movement After US GDP Growth GBP/USD has dipped below the 1.3500 mark following a robust 3.3% growth in US GDP for the second quarter. The US dollar is facing some pressure as expectations of a dovish Federal Reserve grow. Traders are looking forward to the upcoming July PCE Inflation Report for insights on financial […]
GBP/USD holds steady near 1.3500 before Q2 US GDP figures.
GBP/USD may recover due to increasing worries about the Federal Reserve’s autonomy. The departure of Fed Governor Cook might enhance the likelihood of interest rate cuts. CBI retail sales improved slightly from -34 in July to -32 in August, diverging from expectations of -33. GBP/USD has remained stable after two days of gains, trading around […]
USD/JPY approaches 147.00 following unexpected Japan GDP figures, US data impacts Dollar
USD/JPY is nearing 147.00, dropping about 0.50% today as the yen benefits from optimism in growth and overall weakness of the USD. Japan’s Q2 GDP growth, driven by capital investment and exports, beats expectations, showing a 0.3% quarter-on-quarter increase and a 1.0% annual rise. In the US, retail sales grew by 0.5% in July, while […]
Japanese Yen strengthens on positive GDP news against a weaker USD
The Japanese Yen draws new buyers following the release of solid Q2 GDP numbers from Japan. The USD’s robust recovery, driven by US PPI figures, paused on Thursday, impacting USD/JPY rates. Policy expectations bolstered by BOJ support could indicate further depreciation for the currency pair. The Japanese Yen (JPY) experienced steady gains, fueled by favorable […]
Pound Sterling reaches a one-month peak as UK GDP figures exceed expectations.
The British pound has gained against other currencies as UK GDP rose more than anticipated in June and for the second quarter overall. The UK’s manufacturing sector is back in expansion mode following a significant contract secured in May. The US Treasury Secretary has expressed support for potential interest rate cuts by the Federal Reserve […]
Pound Sterling gains from Q2 GDP, while US Dollar looks forward to mid-level data.
Key Updates for Thursday, August 14th The British pound is showing strength, supported by positive data releases, and seems likely to hold its ground against competitors this Thursday. Later today, the U.S. economic calendar will feature producer inflation figures for July along with the first weekly unemployment claims. This week’s US Dollar Price The table […]
EUR/GBP weakens to around 0.8600 following positive UK GDP figures.
The EUR/GBP has fallen to around 0.8615 during early European trading on Thursday. The UK’s quarterly GDP rose by 0.3% in the second quarter of 2025, which is stronger than anticipated. A more long-term perspective on ECB rates might help stabilize the EUR from significant losses. The EUR/GBP exchange rate is slipping to approximately 0.8615 […]
GBP/USD remains stable above 1.3550 as traders anticipate UK GDP and US PPI data.
GBP/USD remains steady near 1.3575 during Thursday’s Asian session. The UK’s unemployment rate has climbed to 4.7%, the highest in four years, amid economic downturn. Attention will be on the UK Q2 GDP report and the US PPI data for July later on Thursday. During the Asian trading hours on Thursday, the GBP/USD pair is […]
EUR/USD remains stable near 1.1700 before Q2 Eurozone GDP and US PPI data
EUR/USD remains steady as it awaits the release of total eurozone production figures for the second quarter. CME’s FedWatch tool indicates a nearly 94% probability of a 25 basis point rate cut in September. U.S. Treasury Secretary Scott Bescent believes that the Fed could implement a 50 basis point rate reduction in September. The EUR/USD […]
EUR/GBP remains stable around 0.8650 as investors look forward to UK GDP figures
The EUR/GBP hovers around 0.8650 in the early European session on Wednesday. Eu Zew’s financial sentiment took a nosedive in August. Investors speculate on a possible BOE rate cut following UK employment data. The EUR/GBP appears to be trading at approximately 0.8650 this morning. The Euro seems to be gaining a bit more ground against […]