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Pound Sterling Price News & Forecast: GBP/USD advances as traders digest solid US jobless claims
British Pound climbs as UK inflation keeps BoE hike bets aliveThe Pound Sterling (GBP) advances on Thursday during the North American session, up 0.25% after US economic data showed that the labor market remains solid, despite a weaker Nonfarm Payrolls in July. The GBP/USD pair trades at 1.3639 after reaching a daily high of 1.3659, its highest level since February.The…
US Dollar Price Forecast: GBP Holds Above 1.36 As USD Stabilises
Pound Sterling held above 1.36 against the US Dollar as stronger UK inflation expectations limited downside even as the greenback found tentative support. The Pound remained close to recent highs on Thursday as the US Dollar attempted to stabilise following its sharp Treasury-driven decline. The Pound to Dollar (GBP/USD) exchange rate traded around 1.3631, up 0.23% on the day and…
Aurangzeb calls for diversifying foreign currency financing sources
Finance Minister Muhammad Aurangzeb has emphasized the importance of diversifying Pakistan’s sources of foreign currency financing and developing innovative financing mechanisms to support investment and productive economic activity. He was speaking at a ceremony in connection with the signing of a project agreement between the International Finance Corporation (IFC) and Bank Alfalah Limited (BAFL) for Pakistan’s first Diversified Payment Rights…
Euro
Euro weakens against Canadian Dollar amid higher oil prices
EUR/CAD halts its three-day winning streak, trading around 1.6110 during the European…
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Pound Sterling Price News and Forecast: GBP/USD jumps as Treasury buyback weakens the US Dollar
British Pound jumps as Treasury buyback weakens the US DollarThe Pound Sterling…
FX Daily Briefing: Pound Sterling Outlook After UK Inflation And US Yield Drop
Pound Sterling has jumped against the Dollar, but the sharp move in…
Euro rises to June highs as falling US Treasury yields weigh on US Dollar
EUR/USD climbs sharply on Wednesday, reaching its highest level since June as…
Pound Sterling Price News and Forecast: GBP/USD more upside expected above 1.3570
GBP/USD Price Forecast: More upside expected above 1.3570The British Pound (GBP) is…
British Pound: Carry appeal keeps Sterling resilient as BoE stays on hold – ING
ING’s Chris Turner, citing UK economist James Smith, notes that July United…
MUFG Euro To Dollar Forecast: “High Level Of Caution In Buying EUR/USD”
The Euro-Dollar is struggling to clear 1.1630, with MUFG warning the EUR/USD…
Pound Sterling: Rates Steady As UK Inflation Rises To 2.9%
UK inflation rose to 2.9% in July, but softer services prices kept…
Pound-to-Euro Forecast: GBP Needs Stronger CPI To Recover Ground
Pound-Euro could rebound if UK inflation revives Bank of England rate hike…
