UK inflation data misses estimates, strengthening the US Dollar. Read how this impacts Gold, GBP/USD, and EUR/USD trading strategies.
ONS chief economist Grant Fitzner commented: ‘Lower airfares and petrol prices were the biggest driver for this month’s fall. These were partially offset by increases for food and non-alcoholic drinks ...
British inflation fell more than expected to an annual rate of 1.7% in September from 2.2% in August, official figures showed on Wednesday.
The GBP/USD exchange rate is testing the key level of 1.30, with a break potentially opening the door to the 1.2820 level.
The GBP/USD pair extends its sideways consolidative price move on Wednesday and remains confined in a familiar range held over the past week or so. Spot prices currently trade around the 1.3070-1.3075 ...
The US economic calendar will not feature any data releases that could influence the US Dollar's (USD) valuation in the second half of the day. Hence, the negative impact of the UK inflation data on ...
According to Forex market trading, the GBP/USD pair has stabilized above the 1.30 area in recent days. It is confirming that ...
UK services inflation has fallen below 5% for the first time since May 2022 and that’s potentially big news for the Bank of England.
The EUR/USD and EUR/GBP exchange rates continued their downward trend ahead of the important European Central Bank (ECB) decision and inflation report. The EUR/GBP pair fell to 0.8330, its lowest ...
British pay grew at its slowest pace in more than two years in the three months to August and vacancies fell again, according ...
So far, we’ve not seen that sort of signal here in the UK. The Bank of England still speaks of employment growth that’s more ...