Pound Sterling strengthens on upbeat UK GDP data, risk-on market mood – FXStreet
Sterling of the pound has made progress as the UK's GDP rose at a robust pace in December and an astonishing expansion in the last quarter. Boe's Greene and Pill have led a gradually more cautious approach to interest rate reductions. Investors are volatility as the US president is poised to announce mutual tariffs. Pound […]
Pound Sterling slumps against USD as US NFP looms large – FXStreet
Sterling of the pound is facing pressure on key peers ahead of BOE's monetary policy on Thursday. BOE is widely expected to cut interest rates to 25 bps to 4.5%. Investors are awaiting US NFP data. This will affect the Fed's expectations for its monetary policy outlook. Pound Sterling (GBP) slumps near 1.2440 against the […]
Pound Sterling outperforms risky peers as UK is unlikely to face big tariffs from US Trump – FXStreet
Pound's Stirling is strongly functioning among risk -sensitive currencies on the expectation that the United States does not face the United States's large amount of tariffs. After the US President imposed tariffs on Canada, Mexico, and China, market emotions avoid risks. BoE is expected to reduce interest rates to 4.5 % of 25 BPS. Pound […]
Pound Sterling flattens against USD ahead of US core PCE inflation – FXStreet
Poundsterling is trading for more than 1.2400, as investors are focusing on US PCE inflationata in December. The threat of tariffs between President Trump's BRICS and his North American colleagues has increased USD's safe home appeal. Investors hope that BOE will resume the interest rate cut cycle on Thursday. Pound Stirling (GBP) is a Friday […]
Pound Sterling slumps as UK Retail Sales declines unexpectedly – FXStreet
Sterling is underperforming major currencies as weak UK retail sales data strengthens the case for a BoE interest rate cut in February. UK monthly retail sales fell by 0.3% in December, despite expectations for strong growth of 0.4%. The US dollar rose despite a slight acceleration in the Fed's dovish outlook. Sterling (GBP) fell sharply […]
California wildfires prompt House Republican talks on conditioning aid: ‘A pound of flesh’
As wildfires rage in California, Republicans in Washington have begun debating whether federal aid should be conditioned on changes to policies that cause the fires. “That's part of the discussion right now,” Rep. Scott Fitzgerald (R-Wis.) told Fox News Digital. “People don't want to just write a check for something that, frankly, still has a […]
Pound Sterling retreats as higher UK gilt yields keep downside bias unabated – FXStreet
British pound falls The outlook remains weak as UK gold yields rise. Investors are awaiting December UK and US CPI figures to be released on Wednesday. The Fed is expected to cut interest rates only once this year. The British pound (GBP) resumed its decline in the European session on Tuesday due to a rise […]
Buoyant dollar keeps pound, euro and yen under pressure – Yahoo Finance
Written by Uncle Banerjee SINGAPORE (Reuters) – The U.S. dollar rose on Thursday, supported by rising U.S. Treasury yields, pushing the yen, pound and euro near multi-month lows amid changing tariff threats. Market focus in 2025 will be on the policies of US President-elect Donald Trump, who will re-enter the White House on January 20th, […]
GBP/USD extends into a two-day win streak as Pound recovers – FXStreet
GBP/USD gained 0.7% after receiving bids on Monday. PMI statistics softened on both sides of the Atlantic. The ease of the flow on Greenback gave Cable a chance to catch his breath. GBP/USD continues its second consecutive day of gains, rising 71% in tenths to begin the new trading week, pushing the bid back above […]
Judiciary nicely tells Democrats to pound sand — Justice Thomas will not be referred to DOJ
Democrats and their media allies have worked hard in recent years to neutralize the conservative justices Clarence Thomas and Samuel Alito on the U.S. Supreme Court. All of these efforts, including those by Sen. Sheldon Whitehouse (D.R.I.) and Rep. Hank Johnson (D-Ga.), have failed because of the resilience of the justices and the relentless nature […]