The Pound Sterling struggles to extend its upside above the intraday high of 1.2550 against the USD due to the upbeat US ADP Employment data.
The yen rose against the dollar, and could rise further given the prospect of the BOJ raising interest rates by more than markets expect, Rabobank said.
GBP/USD rose to a one-month high on Wednesday as the dollar retreated, with markets focused on tariff news from the White House. The dollar dropped on Tuesday after data showed U.S. job openings fell ...
According to BofA, the daily and weekly charts of GBP/USD present a favorable setup for a rally toward the 200-day and 200-week moving averages, with respective levels of 1.2791 and 1.2750.
The Pound Sterling (GBP) could rise further; overbought conditions suggest a sustained break above 1.2530 is unlikely. In the longer run, for the time being, GBP is expected to trade in a range of ...
US Dollar slides as China retaliates with fresh tariffs, raising market volatility. GBP/USD and EUR/USD show bullish ...
GBP/USD started strong on Tuesday but gave up some earlier ground as optimism around Trump easing tariffs faded. Looking ...
The Dollar Index (DXY) showed resilience after key economic data outperformed expectations. The Final Manufacturing PMI climbed to 51.2, surpassing forecasts of 50.1, while the ISM Manufacturing PMI ...
On the technical side, the GBP/USD price has gapped below the 1.2351 support level, indicating strong bearish sentiment. At ...
Vietnam posted a year-on-year increase of 18% in rubber exports to earn 3.4 billion USD in 2024 despite a 6% decline in ...
The GBP/USD pair had a slightly bearish week as the dollar strengthened and the pound fell ahead of a BoE rate cut. The ...