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GBP/USD jumps past 1.3640 as Dollar hits 10-week low ahead of Fed
The Pound Sterling advances over 0.30% as the Greenback drops to a ten-week low, according to the US Dollar Index (DXY). The two-day meeting by the Federal Open Market Committee (FOMC) begins on Tuesday, at which the Fed is expected to reduce interest rates.
GBP/USD edges higher on USD weakness - BBH
Pound Sterling (GBP) gained modestly against the dollar but underperformed the euro as stagnant productivity, soft labor demand, and sticky wage growth underscore the UK's stagflation risk, BBH FX analysts report.
GBP: Jobs data won't dent hawkish BoE - ING
We've just seen the release of UK jobs data for August. Unlike in the US, where the 'solid' labour market crumbled this summer, payrolled job losses were only a modest 8k in August.
GBP/USD: Any advance is unlikely to reach 1.3660 - UOB Group
Further Pound Sterling (GBP) strength appears likely; any advance is unlikely to reach 1.3660. In the longer run, price action suggests GBP could rise to 1.3635, potentially reaching 1.3660, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Pound Sterling outperforms as UK employment data meets expectations
The Pound Sterling (GBP) attracts bids against its major peers on Tuesday, reaching its highest level in more than two months against the US Dollar, after the release of the United Kingdom (UK) labor market data for the three months ending July.
When is the UK Jobs Report and how could it affect GBP/USD?
The United Kingdom (UK) docket has the labor market report to be released by the Office for National Statistics (ONS) on Tuesday, later this session at 06:00 GMT.
GBP/USD tests fresh multi-week highs ahead of Fed & BoE double-header
GBP/USD caught another tentative bullish leg higher on Monday, testing above 1.3600 for the first time since July. The US Dollar (USD) backslid across the board to start the fresh trading week, with investors gearing up for a critical interest rate call from the Federal Reserve (Fed).
GBP/USD climbs as Fed-BoE policy divergence favors Sterling
The Pound Sterling advances during the North American session as traders are set to digest monetary policy meetings by major central banks across the Atlantic.
GBP/USD: Above 1.3595, a move toward 1.3635 can be expected - UOB Group
Pound Sterling (GBP) is likely to trade sideways. Slight increase in upward momentum is not sufficient to indicate a sustained rise, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD trading defensively as markets eye Wednesday's Fed - Scotiabank
The US Dollar (USD) is entering the week with a defensive posture and trading with broad weakness against all of the G10 currencies, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
GBP: A much busier week for sterling - ING
Pound Sterling (GBP) faces a much busier week. The highlight is Thursday's MPC meeting. But before then, we have the jobs/earnings figures tomorrow and then the August CPI release on Wednesday, ING's FX analyst Chris Turner notes.
Pound Sterling gains ahead of Fed and BoE monetary policy decisions
The Pound Sterling (GBP) trades higher at the start of the week against the US Dollar (USD) during the European trading session.
GBP/USD holds positive ground above 1.3550 as potential Fed rate cut looms
The GBP/USD pair posts modest gains near 1.3555 during the early Asian session on Monday. Traders expect the US Federal Reserve (Fed) to deliver its first rate cut of the year at its policy meeting on Wednesday, which might weigh on the US Dollar (USD).
GBP/USD slips as Dollar steadies ahead of Fed, BoE meetings
The Pound Sterling retreats during the North American session by a modest 0.10% on Friday as the Greenback recovers some ground, after a week that witnessed US inflation remains steady above the Fed's 2% goal but controlled. The GBP/USD trades at 1.3556 after hitting a daily high of 1.3580.
United Kingdom FX Today: British Pound awaits next labour market test
The British Pound (GBP) retreated slightly against the US Dollar (USD) on Friday, with the GBP/USD pair trading around 1.3555, down 0.1% on the day, correcting after the previous day's rebound.
When are the UK data releases and how could they affect GBP/USD?
The United Kingdom (UK) docket has the monthly Gross Domestic Product (GDP) to be released by the Office for National Statistics (ONS) on Friday, alongside the Trade Balance and Industrial Production, all of which will be published later this session at 06:00 GMT.
USD ending week with broad gains - Scotiabank
The US Dollar (USD) is strengthening broadly--albeit modestly--into Friday's NA session and showing gains against all of the G10 currencies, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
GBP/USD: Set to test and possibly break above 1.3595 - UOB Group
Pound Sterling (GBP) could test and possibly break above 1.3595, but it is unlikely to be able to maintain a foothold above this level.
GBP shrugs off weak GDP - BBH
Sterling ignored disappointing UK July GDP data, but a weak growth trajectory paired with sticky services inflation leaves the BOE constrained. With policy room limited, GBP faces headwinds, particularly against the euro, BBH FX analysts report.
GBP/USD catches fresh bids on renewed US Dollar selling pressure
GBP/USD rallied over one-third of one percent on Thursday, bolstered by fresh US Dollar (USD) weakness as investors pile into bets that the Federal Reserve (Fed) will finally be pushed into a series of interest rate cuts through the rest of the year.
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