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GBP/USD modestly firmer - Scotiabank
Breaking news
GBP/USD modestly firmer - Scotiabank
New
2025.02.25 22:17
2025.02.25 22:17
2025.02.25 22:17
Pound Sterling (GBP) is trading modestly higher, Scotiabank's Chief FX Strategist Shaun Osborne notes.
PM Starmer to announce defence spending boost
"It's a day of important speeches in the UK. PM Starmer is addressing parliament and he is expected to announce increased defence spending, just before he jets off to visit President Trump. BoE Economist Pill is also speaking (9.00ET). Pill commented earlier this month that lower rates are to be expected but the pace of declines would be slow."
"Cable continues to range trade around the 100-day MA (1.2641) but the sideways movement in price may be a consolidation ahead of another push higher towards 1.28. Support is 1.2600/10."
Last updated
: 2025.02.25
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GBP/USD climbs as US Dollar weakens due to falling yields
The Pound Sterling advanced early in the North American session, bounced off a two-day low of 1.2605, as the Greenback weakened due to falling US Treasury yields.
New
2025.02.26 00:06USD/JPY turns upside down as US Dollar slumps
The USD/JPY pair gives up its intraday gains and turns negative in Tuesday's North American after failing to hold above the psychological figure of 150.00 earlier in the day.
New
2025.02.25 23:46ECB's Schnabel: Subdued growth should not be taken as evidence that policy is restrictive
European Central Bank board member Isabel Schnabel argued on Tuesday that the fact that growth remains subdued cannot and should not be taken as evidence that policy is restrictive, as reported by Reuters.
New
2025.02.25 22:52GBP/USD modestly firmer - Scotiabank
Pound Sterling (GBP) is trading modestly higher, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2025.02.25 22:16EUR steady in upper 1.04s - Scotiabank
The EUR is flat on the session, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2025.02.25 22:12CAD steadies after Trump comments on tariffs - Scotiabank
With a week to go before the 1-month reprieve for President Trump's border tariff threat expires (March 4th), short-term vols are ticking up again.
New
2025.02.25 22:10USD mixed amid renewed tariff focus - Scotiabank
The US Dollar (USD) is trading mixed against the major currencies in a session where risk appetite appears to be faltering, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2025.02.25 22:08US Dollar stuck despite the latest market rout
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, trades almost flat around 106.70 at the time of writing on Tuesday while other asset classes are facing big moves.
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2025.02.25 21:24AUD/USD declines to near 0.6330 despite US Dollar trades subduedly
The AUD/USD pair falls to near 0.6330 in late European trading hours on Tuesday.
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2025.02.25 21:03USD/CAD Price Forecast: Holds gains around 1.4250
The USD/CAD clings to gains near 1.4260 in European trading hours on Tuesday.
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2025.02.25 20:24Disclaimer:
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