August 23, 2025 8:17 am
The GBP/SEK currency pair settled above Friday’s low of 12.8320, its weakest level since August 7th, in the wake of Riksbank’s policy decision and after data showed UK manufacturing sector had contracted more than expected in August. The S&P Global UK Manufacturing PMI came in at a reading of 47.3 in August, down from 48.0 […]
Read moreAugust 18, 2025 11:27 am
The USD/ZAR currency pair traded not far from a 1 1/2-month low of 17.4708 on Monday ahead of a meeting between US President Donald Trump, Ukrainian President Volodymyr Zelenskiy and European leaders to discuss a peace deal with Russia. The summit between US President Donald Trump and Russia’s President Vladimir Putin did not produce a […]
Read moreAugust 17, 2025 10:30 am
The GBP/MYR currency pair settled below recent high of 5.7276, its strongest level since July 24th, after the latest GDP growth data. The British economy grew 0.4% month-over-month in June, after a 0.1% contraction in the prior two months and exceeding expectations of a 0.1% growth. Services output contributed to the overall growth the most, […]
Read moreAugust 16, 2025 4:53 pm
The GBP/NOK currency pair settled below recent high of 13.8816, its strongest level since June 26th, after stronger-than-expected UK GDP growth and Norges Bank’s policy decision. The British economy grew 0.4% month-over-month in June, after a 0.1% contraction in the prior two months and exceeding expectations of a 0.1% growth. Services output contributed to the […]
Read moreAugust 13, 2025 11:38 am
The USD/NOK currency pair retreated for a third straight trading day on Wednesday ahead of the outcome of Norges Bank’s policy meeting and as the latest US CPI inflation data added to expectations of an interest rate cut by the Federal Reserve in September. Annual headline consumer inflation in the US remained stable at 2.7% […]
Read moreAugust 11, 2025 11:13 am
The USD/NOK currency pair lost ground on Monday, as market players awaited the key US CPI inflation data, due on Tuesday, that may provide further clues over the Federal Reserve’s monetary easing path. Annual core CPI inflation probably picked up to 3% in July, according to market consensus, from 2.9% in June. Markets are now […]
Read moreAugust 10, 2025 5:31 pm
The GBP/SEK currency pair settled below recent high of 12.9161, its strongest level since August 1st, in the wake of the Bank of England’s policy decision. The Bank of England lowered its benchmark interest rate by 25 basis points to 4% at its August 7th meeting – the lowest rate since March 2023. It was […]
Read moreAugust 10, 2025 10:17 am
The GBP/USD currency pair settled below Friday’s high of 1.3459, its strongest level since July 25th, in the wake of the Bank of England’s policy decision. The Bank of England lowered its benchmark interest rate by 25 basis points to 4% at its August 7th meeting – the lowest rate since March 2023. It was […]
Read moreAugust 9, 2025 5:15 pm
The GBP/SGD currency pair settled below Friday’s high of 1.7299, its strongest level since July 24th, in the wake of the Bank of England’s policy decision. The Bank of England lowered its benchmark interest rate by 25 basis points to 4% at its August 7th meeting – the lowest rate since March 2023. It was […]
Read moreAugust 9, 2025 10:24 am
The GBP/CHF currency pair settled below Friday’s high of 1.0876, its strongest level since July 2nd, in the wake of the Bank of England’s policy decision. The Bank of England lowered its benchmark interest rate by 25 basis points to 4% at its August 7th meeting – the lowest rate since March 2023. It was […]
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