GBP/USD – UK economy continues to show remarkable resilience

Posted by Craig Jul 13, 2023 Share 0

UK economy posts a small contraction of -0.1% in May Higher rates will damage the economy goi...

Sterling climbs as UK GDP beats estimate

Posted by Kenny Jul 13, 2023 Share 0

UK GDP contracts in May but beats estimate British pound hits 15-month high against the US do...

Technicals and Triggers – USD/JPY, GBP/USD, GBP/JPY, USD/MXN

Posted by Ed Jul 11, 2023 Share 0

FX volatility might be returning given Wall Street is seeing some exhaustion with several key curren...

GBP/USD – BoE has cause For optimism in UK jobs report

Posted by Craig Jul 11, 2023 Share 0

UK unemployment rises to 4% in the three months to May, up from 3.8% Average earnings hit 7.3...

British pound extends rally after mixed employment report

Posted by Kenny Jul 11, 2023 Share 0

UK employment falls but wage growth remains high BoE Governor Bailey says inflation will fall...

GBP/USD eyes UK employment report

Posted by Kenny Jul 10, 2023 Share 0

UK jobs report expected to show strong employment and wage growth US nonfarm payrolls decline...

Week Ahead – US inflation data the headline, BoC ponders another hike, possible RBNZ pause

Posted by Craig Jul 7, 2023 Share 0

US This week is all about inflation. Annual inflation will tumble as energy prices drop and due t...

Technicals and Triggers – USD/JPY, EUR/USD, EUR/CHF, AUD/USD

Posted by Ed Jul 5, 2023 Share 0

The first half of the year was rather choppy for the US dollar as massive bets of weakness were scal...

Video – GBP/USD correction or a broader decline?

Posted by Craig Jun 30, 2023 Share 0

OANDA Senior Market Analyst Craig Erlam discusses the latest moves in GBPUSD in light of the recent ...

Week Ahead – Inflation and Recession Risks

Posted by Ed Jun 23, 2023 Share 0

US While Europe appears at great risk for a recession as traders bet on aggressive rate rises by ...

GBP/USD shrugs after solid UK retail sales report

Posted by Kenny Jun 23, 2023 Share 0

UK posts better-than-expected retail sales, consumer confidence British pound shrugs after Bo...

Podcast – BoE, SNB and CBRT raise rates, bitcoin hits $30,000

Posted by Craig Jun 22, 2023 Share 0

OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to discuss the latest inter...

Hawks in charge of Central Bank-a-Palooza (BOE, CBRT, Norges)

Posted by Ed Jun 22, 2023 Share 0

BOE raises rates by 50bps to 5.00% (not expected) CBRT raises rates 650bps to 15.00% (less-th...

British pound steady ahead of BoE rate decision

Posted by Kenny Jun 22, 2023 Share 0

BoE expected to raise rates at Wednesday's meeting Powell signals two more rate hikes this ye...

GBP/USD Technical: Looking to resume minor up move

Posted by Kelvin Jun 22, 2023 Share 0

Recent drop of 156 pips from the current 52-week high of 1.2848 has not damaged GBP/USD minor up...

GBP/USD dips after inflation jumps, BoE up next

Posted by Kenny Jun 21, 2023 Share 0

UK core inflation rises in May BoE likely to raise rates on Thursday Fed Chair Powell test...

GBP/USD lower ahead of UK inflation

Posted by Kenny Jun 20, 2023 Share 0

UK inflation expected to fall to 8.4% on Wednesday BoE likely to raise rates on Thursday F...

EUR/GBP Technical: Short-term downtrend intact

Posted by Kelvin Jun 19, 2023 Share 0

EUR/GBP has continued to trade lower, now at 0.8520, its lowest level since Aug 2022 ahead of UK...

British pound extends gains, Fed decision looms

Posted by Kenny Jun 14, 2023 Share 0

US inflation dips Federal Reserve expected to pause rates BoE feels pressure after sizzlin...

GBP/USD rebounds on strong UK job numbers, US inflation drops

Posted by Kenny Jun 13, 2023 Share 0

UK job numbers shine US inflation falls to 4% Fed widely expected to pause rates The Br...