The coming week is set to bring heightened volatility across global financial markets, with investors focusing on major corporate earnings, inflation readings and key economic releases from the United States, United Kingdom and Japan. The previous week saw oil prices retreat following signals of potential de-escalation between the United States and Iran, while rising US […]
The British Pound (GBP) extends its losing streak against the US Dollar (USD) for the fourth trading day on Friday. The GBP/USD pair drops to near 1.3227 as the US Dollar continues to outperform on prospects that the Federal Reserve (Fed) will speed up its monetary tightening cycle. At press time, the US Dollar Index […]
Sterling remains under pressure below the $1.33 level, despite stronger-than-expected UK economic data pointing to an improvement in domestic growth. The British pound is hovering near its weakest levels since mid-October as renewed US dollar strength and expectations of further Federal Reserve tightening outweigh the positive signals from the UK economy. The latest UK GDP […]
The UK economy delivered a stronger-than-expected performance in September 2026, expanding by 0.2% month-on-month and exceeding market forecasts for no growth. The latest figures provide some encouragement for the British economy after a flat August reading, with services, industrial production and construction all contributing to the monthly expansion. However, the broader economic picture remains more […]
The highlight of the United Kingdom’s (UK) economic calendar this week will be the preliminary estimate of third-quarter Gross Domestic Product (GDP), which the Office for National Statistics will release on Thursday. The market is bracing for 0.7% growth in the three months to September, following 0.5% growth in the second quarter of 2026, with […]
The British pound weakened against the US dollar on Thursday, with GBP/USD falling to 1.33 and reaching its lowest level since October 2026. The decline marks a pullback from recent trading levels, although the currency pair has retained modest gains over both the past four weeks and the previous twelve months. Despite the latest weakness, […]
The Euro (EUR) trades practically flat against the British Pound (GBP) on Wednesday, as the rebound in Oil prices is offsetting the positive risk sentiment. The EUR/GBP pair holds above the top of the previous trading range, at 0.8360 so far, but remains unable to find acceptance above 0.8370. Crude Oil prices have bounced up […]
The GBP/USD pair struggles to build on modest Asian session uptick beyond mid-1.3300s, though it holds above a one-and-a-half-week trough, touched the previous day. The US Dollar (USD) preserves the previous day’s hot US consumer inflation figures-inspired gains amid odds for a jumbo 50-basis-point (bps) rate hike by the US Federal Reserve (Fed) in December. […]
The Euro (EUR) accelerates gains against the British Pound (GBP) on Tuesday, after the mild recovery witnessed in the previous three days, favoured by falling Oil prices and a more positive market sentiment. The EUR/USD pair remains trapped within the last two weeks’ trading range, between 0.8320 and 0.8360, although momentum indicators show an initial […]
Today Markets Analysis The Indian rupee emerged as the weakest-performing major currency in the latest foreign exchange session, declining 0.38%, while the Japanese yen also recorded modest losses as broader currency markets remained relatively subdued. The rupee’s decline contrasted with largely unchanged movements in the British pound, euro and US dollar index, highlighting a divergence […]