Tag: GBP/USD
Shanghai Composite Plunges on Growth Woes
Chinese stocks plunged for a second consecutive day Tuesday, with the Shanghai Composite Index posting a triple-digit loss after data from Beijing’s Ministry of...
GBP/USD: Cable Edges Higher as BOE Keeps Rate at 0.5%
Cable edged higher Thursday, but gains were limited after the Bank of England lowered its third quarter GDP forecast, citing underlying risks in China...
Dollar Rallies amid Mixed Employment Data
The US dollar climbed against a basket of world currencies on Friday after mixed employment data sparked a new debate about the pace and...
Dollar Surges on Revised GDP, Oil Prices Rebound
The US dollar advanced for a third consecutive day on Thursday, as oil prices rebounded more than 4% amid a bigger than expected rise...
Dollar Resumes Uptrend as Stock Markets Remain Volatile
The US dollar rose again on Wednesday, as investors reacted to stronger than expected durable goods orders amid renewed volatility in Asian and European...
Cable Breaks Out after Better than Expected Inflation
Cable broke out on Tuesday, climbing more than 100 pips after UK inflation unexpectedly turned positive in July, a sign the Bank of England...
US Dollar Aims Higher as Nonfarm Payrolls Eclipse 200,000
The US dollar gained momentum on Friday, as another solid month of job creation gave the Federal Reserve the necessary scope it needs to...
GBP/USD: Cable Slumps on Dovish BOE Minutes
Cable declined sharply on Thursday after the minutes of the Bank of England policy meetings suggested no rate increase was imminent, as eight of the...
US Dollar Remains Supported Despite Soft ADP Employment Report
The US dollar was at more than two-week highs against world currencies Wednesday, as expectations for a US rate increase outweighed weaker than expected...
Dollar Index Steady ahead of FOMC
The US dollar was little changed against a basket of world currencies Wednesday, as investors looked ahead to a policy announcement from the Federal Reserve later...
GBP/USD: Cable Edges Higher as UK GDP Accelerates
Cable traded higher on Tuesday after data from the Office for National Statistics (ONS) showed UK economic growth accelerated in the second quarter. However,...
GBP/USD: Cable Rallies as BOE Unanimous on Holding Interest Rates
The GBP/USD advanced on Wednesday for the first time in three days after the minutes of the July Bank of England policy meetings suggested...
GBP/USD: Cable Slides on Disappointing Job Numbers
The GBP/USD was on its heels Wednesday, but remained well supported above 1.5600 following disappointing UK job numbers.
The GBP/USD rose to an intraday high...
GBP/USD: Cable Spikes as Carney Says Rate Hike Getting Closer
The GBP/USD surged more than 130 pips on Tuesday after Bank of England Governor Mark Carney said the time for an interest rate increase...
US Dollar Eases Off Highs ahead of FOMC Minutes
The US dollar declined against world currencies on Wednesday, as investors shifted their attention to the minutes of the June Federal Open Market Committee...
GBP/USD Crumbles as US Dollar Poised for Breakout
The GBP/USD plunged by nearly 200 pips on Tuesday, as risk aversion sent the US dollar to its highest level since June 1.
The GBP/USD...
US Dollar Loses Traction following Mixed NFP Report
The US dollar eased off monthly highs on Thursday following a mixed nonfarm payrolls report and a bigger than expected drop in factory orders.
The...
US Dollar Rallies on Strong Data
The US dollar advanced against a basket of world currencies on Wednesday, as stronger than forecast economic data supported expectations for a solid economic...
