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The dollar rose as top-line inflation figures landed in line with expectations, but under the surface, rising prices for some goods suggested tariffs could drive further price increases ahead.
Reflecting the upbeat market mood, US stock index futures gain between 0.2% and 0.5%, while the UK's FTSE 100 Index rises ...
During the trading session on Wednesday, we've seen the British pound rise rather rapidly against the US dollar, especially ...
UK PMI figures missed the mark on Thursday, but Friday will be another shot at UK data redemption.
Sterling fell to a three-and-a-half-month low against the euro after U.K. retail sales rose by less than expected in June.
Sterling is at risk of dropping below its 200-day moving average versus the dollar as Bank of England 2024 rate cuts are in play and UK retail sales stagnate in February. However, the longer-term ...
Sterling fell against the dollar on Thursday, adding to August losses that were its worst since late 2016, as storm clouds gather over the British economy. By 0854 GMT, the pound was down 0.2% at ...