G
G

GBPUSD


News

Sterling hits two-week low vs euro amid UK energy blackout concern

* Sterling is one of worst G10 performers in 2022 * Energy crisis in focus * UK GDP figure due on Friday * Cables prepares for U.S. inflation test By Joice Alves LONDON, Aug 10 (Reuters) - Sterling slid to its lowest level against the euro in two weeks on Wednesday as investors turned their focus to the energy crisis hitting economic growth prospec
E
G

Dollar edges down ahead of key U.S. inflation data

By Alun John HONG KONG, Aug 10 (Reuters) - The dollar edged lower on Wednesday, ahead of U.S. inflation data which markets will scrutinise for guidance on how steeply the U.S. Federal Reserve will raise interest rates. The figures were due at 1230 GMT. Economists expect year-on-year headline inflation USCPNY=ECI to be running at a scorching 8.7%, a
A
E
E
G
U

Nervous calm as dollar prepares for inflation test

By Tom Westbrook and Alun John SINGAPORE/HONG KONG , Aug 10 (Reuters) - Major currencies held steady on Wednesday, with traders cautious about placing large bets ahead of U.S. inflation data, which markets will scrutinise for guidance on how steeply the U.S. Federal Reserve will raise interest rates in coming months. The figures are due at 1230 GMT
A
E
E
G
U

Nervous calm as dollar braces for inflation test

By Tom Westbrook and Alun John SINGAPORE, Aug 10 (Reuters) - Major currencies held steady on Wednesday with traders reluctant to place large bets ahead of U.S. inflation data, which markets will scrutinise closely for guidance on how steeply the U.S. Federal Reserve will raise interest rates in the coming months. The figures are due later in the gl
A
E
E
G
U

Dollar trades solidly in calm before CPI storm

By Tom Westbrook SINGAPORE, Aug 10 (Reuters) - The dollar traded firmly on Wednesday in anticipation of U.S. inflation data, which even if it comes in softer-than-expected is still likely to be so red hot that steep U.S. interest rate rises will be required to rein it in. The figures are due at 1230 GMT. Economists expect year-on-year headline infl
A
E
E
G
U

Dollar edges higher as traders await U.S. inflation report

By John McCrank NEW YORK, Aug 9 (Reuters) - The safe-haven dollar edged higher on Tuesday, erasing earlier losses as risk appetite dwindled ahead of key inflation figures that could offer clues on how aggressive the Federal Reserve will be in its expected interest rate hike in September. The dollar index USD= , which measures the currency's value a
A
E
E
G
N
U

Dollar edges lower as traders await U.S. inflation report

By John McCrank NEW YORK, Aug 9 (Reuters) - The dollar edged lower on Tuesday in thin summer trading with market participants in wait-and-see mode ahead of key inflation figures that could shed more light on how aggressive the Federal Reserve might be in its expected interest rate hike in September. Traders are widely expecting Wednesday's U.S. Con
A
E
E
G
N
U

Dollar turns slightly defensive, inflation data next key test

By Dhara Ranasinghe LONDON, Aug 9 (Reuters) - The dollar turned defensive against other major currencies on Tuesday, with traders reluctant to push the greenback higher without further signs that another aggressive interest rate hikes from the Federal Reserve was coming in September. U.S. inflation data on Wednesday was shaping up as the next key t
A
E
E
G
N
U

Sterling edges higher, rate hike outlook remains in focus

LONDON, Aug 9 (Reuters) - Sterling strengthened against a slightly weaker dollar on Tuesday, with the outlook for UK interest rates in focus after a Bank of England official flagged a further increase. BoE Deputy Governor Dave Ramsden told Reuters the bank will probably have to raise interest rates further from their current 14-year-high to tackle
E
G

Dollar stuck ahead of key U.S. inflation print

By Dhara Ranasinghe LONDON, Aug 9 (Reuters) - The dollar lurked below recent highs on Tuesday as traders awaited this week's key U.S. inflation print for any signs that price pressures are finally abating and that the need for further aggressive U.S. interest rate hikes is easing. Unexpectedly strong U.S. jobs data on Friday had boosted the greenba
A
E
E
G
U

Dollar loiters off highs as traders wait on inflation data

By Tom Westbrook SINGAPORE, Aug 9 (Reuters) - The dollar lurked just below recent highs on Tuesday as traders waited for U.S. inflation data due later in the week, wary of a surprise that could heap more upward pressure on interest rates. The data is due on Wednesday and the anticipation is likely to keep things calm until then. The Australian and
A
E
E
G
U

Dollar loiters off highs as traders eye CPI

(Corrects day of NY Fed survey to Monday from Tuesday) By Tom Westbrook SINGAPORE, Aug 9 (Reuters) - The dollar lurked just below recent highs on Tuesday as traders waited for U.S. inflation data due later in the week, which could take pressure off the Federal Reserve and put it on the greenback if it suggests the pace of price rises has peaked. Th
A
E
E
G
U

Sterling holds near $1.21 as traders review BoE forecasts

By Samuel Indyk LONDON, Aug 8 (Reuters) - The British pound was little changed against the dollar and euro on Monday as traders digested last week's Bank of England (BoE) decision and turned their focus to growth figures due on Friday that should give clues on the state of the economy. The data, expected to show a contraction during the quarter, wi
E
G

Dollar extends gains against yen as big Fed hike bets ramp up

By Kevin Buckland OTTAWA, Aug 8 (Reuters) - The dollar firmed slightly against the yen on Monday, building on the strong gains made at the of last week after surprisingly strong U.S. jobs data lifted expectations for more aggressive Federal Reserve policy tightening. The greenback was last 0.1% higher at 135.155 yen JPY=EBS , and earlier rose to 13
A
E
E
G
U

Dollar extends gains against yen as big Fed hike bets ramp up

(Changes dateline to OTTAWA, Aug 7 from TOKYO, Aug 8) By Kevin Buckland OTTAWA, Aug 7 (Reuters) - The dollar extended it best rally against the yen since mid-June on Monday, buoyed by higher Treasury yields after blockbuster U.S. jobs data lifted expectations for more aggressive Federal Reserve policy tightening. The greenback was last 0.31% higher
A
E
E
G
U

Speculators' net long bets on USD fall -CFTC, Reuters

NEW YORK, Aug 5 (Reuters) - Speculators' net long bets on the U.S. dollar fell in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position was $17.27 billion for the week ended Aug. 2, compared with a net long position of $18.46 billion las
A
C
E
E
G
N
U
U

S&P 500 dips, Treasury yields rise and dollar rallies following robust U.S. jobs report

By Stephen Culp NEW YORK, Aug 5 (Reuters) - The S&P 500 headed lower, Treasury yields advanced and the dollar rose on Friday after the U.S. July employment report blasted past expectations, raising the odds of continued monetary tightening from the Federal Reserve. Wall Street pared losses as the session progressed. At close, the Nasdaq joined the
E
G
G
U
U
F
U
G

Speculators' net long bets on USD fall -CFTC, Reuters

NEW YORK, Aug 5 (Reuters) - Speculators' net long bets on the U.S. dollar fell in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position was $17.27 billion for the week ended Aug. 2, compared with a net long position of $18.46 billion las
A
C
E
E
G
N
U
U

U.S. stocks slip, Treasury yields rise and dollar rallies after robust U.S. jobs report

(Updates to late afternoon) By Stephen Culp NEW YORK, Aug 5 (Reuters) - The S&P 500 headed lower, Treasury yields rose and the dollar rallied on Friday after the U.S. July employment report blasted past expectations, raising the odds of continued monetary tightening from the Federal Reserve. Nasdaq joined the bellwether index in the red, while benc
E
G
G
U
U
F
U
G

U.S. stocks slip, Treasury yields rise and dollar sprints after strong U.S. jobs data

* Graphic: Global asset performance Link * Graphic: World FX rates Link (Updates to U.S. markets open; changes dateline to New York from London; changes byline) By Stephen Culp NEW YORK, Aug 5 (Reuters) - Wall Street stocks headed lower, Treasury yields rose and the dollar rallied after the U.S. July employment report blasted past expectations, rai
E
G
G
U
U
F
U
G



Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.