GBP/USD news
FXMARE news briefs tagged GBP/USD (British Pound US Dollar), newest first — 5 articles. Track the market itself on the live GBP/USD page.
- ForexSterling steadies after weak U.S. payrolls offset pressure from elevated U.K. gilt yields
GBP/USD held near recent levels as softer U.S. jobs data reduced Fed hike expectations while high U.K. borrowing costs continued to weigh on sterling.
- ForexUK second-quarter GDP revised up to 0.5% as annual growth reaches 1.4%
The UK economy expanded 0.5% in the second quarter, stronger than the preliminary 0.4% estimate, while annual growth was revised to 1.4%.
- ForexDollar holds near two-month high as oil and Fed tightening bets support demand
The U.S. dollar stayed firm near a two-month peak as higher oil prices and expectations for further Federal Reserve tightening pressured EUR/USD and GBP/USD.
- ForexGBP/USD ends week near three-month lows as U.S. yield advantage pressures sterling
Sterling finished the week under pressure near three-month lows as rising U.S. yields and firmer Fed tightening expectations kept the dollar supported against GBP/USD.
- ForexEUR/USD hits two-month low as dollar extends weekly rally on Fed hike bets
EUR/USD fell to a two-month low near 1.1370 as rising Treasury yields and stronger expectations for further Fed tightening supported the dollar.