Pound Dynamics

Hot News

Euro zone business growth inched up in July but remained subdued, PMI shows

LONDON, - Business activity in the euro zone grew at a slightly faster pace in July than in June but remained sluggish as demand dipped, a survey showed on Tuesday. Euro zone business growth inched up in July but remained subdued, PMI shows The HCOB Eurozone Composite Purchasing Managers' Index, compiled by S&P Global, edged up to 50.9 in July…

August 5, 2025

Pound sterling

Pound Sterling flattens ahead of BoE’s monetary policy

The Pound Sterling trades steady, while investors shift their focus to the BoE’s interest rate decision on Thursday.Investors expect the BoE to reduce interest rates by 25 basis points to 4%.Traders are now almost fully pricing in a Fed interest rate cut in September.The Pound Sterling (GBP) trades broadly flat against its major peers on Tuesday as investors shift their…

August 5, 2025

Asian Currency

Weak Indian rupee may blunt US tariff bite, say economists – World

The Indian rupee’s recent slide may help soften the blow from higher US tariffs, economists said, with trade tensions between New Delhi and Washington intensifying under President Donald Trump. The Indian rupee dropped to 87.8850 per US dollar on Tuesday, nearing its all-time low of 87.95 hit in February. Bankers said the currency would probably have breached the 88 mark…

August 5, 2025