Pound Dynamics

Hot News

GBP Looks Cheap, But There’s A Catch

Pound-Dollar looks cheap on long-run valuation measures, but QCAM says weak UK fundamentals still argue against chasing Sterling much higher. The Pound Sterling to Dollar exchange rate (GBP/USD) pushed back towards 1.35 on Friday, but foreign exchange analysts at QCAM Currency Asset Management see an awkward split between valuation and fundamentals. GBP/USD traded around 1.3499, having gained 1.75% in July…

August 7, 2026

Asian Currency

Why does Japanese Yen underperform this week?

The Japanese Yen (JPY) has underperformed its major currency peers this week due to a lack of follow-up joint intervention by the United States (US) and Japan. Japanese Yen Price This week The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies this week. Japanese Yen was the weakest against the US Dollar. USDEURGBPJPYCADAUDNZDCHFUSD0.25%0.37%0.81%0.12%0.08%0.57%0.62%EUR-0.25%0.13%0.57%-0.13%-0.07%0.36%0.37%GBP-0.37%-0.13%0.11%-0.25%-0.19%0.23%0.25%JPY-0.81%-0.57%-0.11%-0.61%-0.57%-0.12%-0.10%CAD-0.12%0.13%0.25%0.61%0.05%0.50%0.50%AUD-0.08%0.07%0.19%0.57%-0.05%0.38%0.43%NZD-0.57%-0.36%-0.23%0.12%-0.50%-0.38%0.05%CHF-0.62%-0.37%-0.25%0.10%-0.50%-0.43%-0.05% The…

August 7, 2026

EURO

Euro steadies against the British Pound following another rejection at the 0.8580 area

The Euro (EUR) trades practically flat against the British Pound (GBP) on Friday, moving in a tight range above 0.8560 during the early European session, following another rejection at the 0.8680 area. The daily chart, however, shows a bearish engulfing candle on Thursday, a bearish signal suggesting a deeper downside correction.On the macroeconomic front, mixed German data has failed to…

August 7, 2026