Despite the recent correction from record highs, UBS says the pullback is temporary and continues to forecast gold at $4,200 ...
The Pound (GBP) slid as reports suggested a sharper productivity downgrade from the Office for Budget Responsibility (OBR) could blow a roughly £20bn hole in the public finances, stoking expectations ...
Pantheon Macroeconomics expects the UK economy to grow 0.2% in Q3, citing firm activity data and improving sentiment. “GDP and retail sales have held up better than feared,” the firm said. “The flash ...
Danske Bank described the euro’s pullback as part of a “tactically bearish but strategically bullish” outlook. “The USD leg continues to drive price action,” the bank said, noting that Fed Chair ...
The Pound (GBP), meanwhile, remained subdued as fiscal concerns continued to cap gains. Ongoing speculation that Chancellor ...
The Pound to US Dollar ( GBP/USD) exchange rate extended losses on Wednesday after the Federal Reserve delivered a widely ...
The Euro to Pound ( EUR/GBP) exchange rate climbed to 0.8785 (+0.58%), its highest level since 2023, as the pound weakened ...
The Pound to Euro ( GBP/EUR) exchange rate tumbled to fresh lows around 1.138 on Tuesday, as renewed fiscal concerns in the ...
The Pound to Canadian Dollar ( GBP/CAD) exchange rate steadied on Thursday after a volatile week, holding just above ...
The British Pound to Australian dollar exchange rate has fallen 0.77% to 2.0009, while the Australian dollar to euro (AUD/EUR ...
On the technical side, Scotiabank notes that GBP/USD remains bearish in the short term, but key support has been found at 1.3140, the low seen in May and August, and a major retracement level of the ...
Fresh warnings from the Office for Budget Responsibility (OBR) that the UK faces a £20 billion fiscal shortfall continued to ...