British Pound Weakens on Rate Cut Speculation and Rising Budget Deficit
The British pound declined against major currencies during the Asian trading session on Wednesday, as market participants speculated on a…
Daily Forex News
The British pound declined against major currencies during the Asian trading session on Wednesday, as market participants speculated on a…
In January, UK house prices experienced their sharpest increase at the start of a year since 2020, driven by a…
The euro gained ground against major currencies during Monday’s European session, buoyed by higher trading in European stock markets. Key…
Retail sales in the UK fell unexpectedly in December, despite the holiday season, with food sales experiencing their steepest decline…
The Federal Reserve released data on Tuesday revealing an unexpected 0.1% decrease in U.S. industrial production for November, following a…
Industrial production in the Eurozone showed no growth in October, as gains in capital goods were counterbalanced by declines in…
The European Central Bank (ECB) reduced its key interest rate by 25 basis points on Thursday, aligning with economists’ expectations.…
The Bank of Canada (BOC) has announced a widely anticipated 50-basis-point interest rate cut, bringing its overnight rate to 3.25%,…
The British pound strengthened against major currencies during Thursday’s European session, buoyed by improved investor sentiment following developments in France’s…
The Institute for Supply Management (ISM) reported a notable slowdown in U.S. service sector growth for November. The Services PMI…