Created
: 2025.08.15
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
GBP holds a solid gain on the week - Scotiabank
Breaking news
GBP holds a solid gain on the week - Scotiabank
New
2025.08.15 20:47
2025.08.15 20:47
2025.08.15 20:47
With no local developments or data of note to drive markets, the GBP's rebound today reflects the still soft undertone of the USD and a recovery from yesterday's PPI-driven volatility, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Sterling is firmer on the session
"The Pound Sterling (GBP) is lagging some of its G10 peers somewhat this morning but has had a solid week overall, rising against the USD and EUR, as markets rethink the outlook for UK monetary policy after last week's BoE decision."
"Sterling is firmer on the session but yesterday's peak and minor reversal from the 1.3595 area warrants attention as the pound topped out at a similar point in late July. Cable has put together a solid run of gains since basing in early August but spot needs to push on through to a 1.36 handle to extend gains. Support is 1.3520."
Last updated
: 2025.08.15
Related articles
US Industrial Production contracts by 0.1% in July
11 minutes agoFed's Goolsbee: Don't need to hold rates for ever
13 minutes agoEUR/USD rebounds as US Retail Sales miss trims Fed rate cut expectations
18 minutes agoGBP/JPY retreats as strong Japan GDP boosts Yen and fuels BoJ tightening bets
53 minutes agoUS EIA expects an oversupply, lower oil prices, and falling US oil production - Commerzbank
2025.08.15 20:57USD/JPY: Any advance may be limited to a test of 148.20 - UOB Group
2025.08.15 20:46
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
US Industrial Production contracts by 0.1% in July
Industrial Production in the United States (US) contracted by 0.1% on a monthly basis in July, the data published by the Federal Reserve (Fed) showed on Friday. This reading followed the 0.4% increase recorded in June and came in worse than the market expectation for a no change.
New
2025.08.15 22:21Fed's Goolsbee: Don't need to hold rates for ever
In a CNBC interview, Austan Goolsbee, President of the Federal Reserve Bank of Chicago, said rates do not need to be kept "forever" and that if inflation returns to its earlier benign trend, it would be appropriate to lower rates toward their long-term level.
New
2025.08.15 22:20EUR/USD rebounds as US Retail Sales miss trims Fed rate cut expectations
The Euro (EUR) edges higher against the US Dollar (USD) on Friday, with EUR/USD rebounding toward the 1.1700 mark as mixed US macroeconomic data weighs on the Greenback.
New
2025.08.15 22:14GBP/JPY retreats as strong Japan GDP boosts Yen and fuels BoJ tightening bets
The GBP/JPY cross is edging lower on Friday, with the cross weakening toward the 199.50 handle after briefly touching the 200.00 psychological level on Thursday.
New
2025.08.15 21:40Chile revises Copper production forecast downward - Commerzbank
Chile's state-owned Copper producer estimates production losses at its El Teniente mine due to the tunnel collapse and the resulting production stoppage lasting several days at 20-30 thousand tons, Commerzbank's commodity analyst Carsten Fritsch notes.
New
2025.08.15 21:03The IEA forecasts suggest a massive oversupply next year - Commerzbank
The International Energy Agency has left its forecast for Oil demand virtually unchanged and continues to expect increases of just under 700,000 barrels per day for this year and next.
New
2025.08.15 21:00US EIA expects an oversupply, lower oil prices, and falling US oil production - Commerzbank
The US Energy Information Administration (EIA), in contrast, has significantly revised its estimate of the supply surplus on the oil market upwards and now expects inventories to build by more than 2 million barrels per day in the fourth quarter of 2025 and the first quarter of 2026.
New
2025.08.15 20:57Gold holds near two-week low ahead of US Retail Sales data
Gold (XAU/USD) rebounds modestly on Friday, supported by a softer US Dollar (USD), though the recovery remains shallow with prices pinned near a two-week low.
New
2025.08.15 20:56OPEC predicts tight Oil market - Commerzbank
In its monthly report, OPEC has slightly raised its forecast for Oil demand next year, Commerzbank's commodity analyst Carsten Fritsch notes.
New
2025.08.15 20:55USD/CNH is expected to trade in a sideways range of 7.1750/7.1880 - UOB Group
Momentum indicators are turning flat; US Dollar (USD) is expected to trade in a sideways range of 7.1750/7.1880. In the longer run, downward momentum is building; for a continued decline, USD must first close below 7.1700, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.08.15 20:54Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
