GBP/USD

GBP/USD – Surging Pound Shrugs Off Soft Services PMI

GBP/USD – Surging Pound Shrugs Off Soft Services PMI

GBP/USD has started the week with solid gains. In Monday’s North American session, the pair is trading at 1.3022, up 0.40% on the day. On the release front, Services PMI dipped to 52.2, shy of the estimate of 53.4 points. In the U.S, ISM Non-Manufacturing PMI posted a strong gain of 60.3, above the estimate of 59.3 points.

H2 Currencies to Watch: Pound Sterling outlook as Brexit Dominates

H2 Currencies to Watch: Pound Sterling outlook as Brexit Dominates

Our fifth article in our blog series “H2 Currencies to Watch” will cover what'll drive the pound sterling including onerous Brexit negotiations, interest rates, and a U.S.-U.K. trade deal.

Here's what businesses can expect in the upcoming months.

Global Political Uncertainty in Driving Seat

Global Political Uncertainty in Driving Seat

Fed speakers are divided. Doves say it's a mistake to keep raising interest rates with low inflation. Hawks urged that waiting could be a bigger mistake and that inflation will catch up. Is a December rate hike is still on the table?