Sterling rose modestly on Thursday after stronger-than-expected UK economic data lifted sentiment, while markets also tracked developments around a potential peace deal linked to the US-Iran conflict. The pound was last up 0.1% at $1.3575. Against the British currency, the euro slipped 0.1% to 86.94 pence. UK growth beats expectations Britain’s economy expanded more sharply
The British pound took a breather on Wednesday after its longest winning streak in a year, slipping against the US dollar as improving sentiment around a possible resolution to the Iran war weighed on the safe-haven greenback. The dollar had fallen to six-week lows as investor optimism picked up, prompting some cooling in sterling’s recent
The British pound strengthened against the US dollar on Tuesday, reaching levels last seen before the Iran conflict, as investors grew hopeful about a potential resolution to tensions. Sterling rose 0.33% to $1.3548, marking a return to levels recorded just before the conflict escalated in late February. Against the euro, the pound remained largely unchanged
The US dollar moved higher on Monday after weekend talks between Washington and Tehran failed to produce an agreement to end the ongoing conflict. According to CNBC, the greenback gained 0.3% against the euro, trading at $1.169, and rose 0.25% against the British pound to $1.342. The uptick in the currency came after peace negotiations
The British pound edged lower on Friday but remained on track for its strongest weekly performance in three months, supported by easing geopolitical tensions following a US-Iran ceasefire agreement. Sterling slipped 0.15% to $1.342 during the session. Despite the modest decline, the currency was set to post a weekly gain of 1.7%, marking its biggest
The British pound edged higher against the US dollar on Thursday, retaining most of the gains recorded in the previous session following a ceasefire agreement between the United States and Iran. However, uncertainty surrounding the durability of the deal limited further upside in sterling. The pound was last trading 0.1% higher at $1.3407, remaining well
The pound rose on Friday after the United States and Iran agreed to a two-week ceasefire. The ceasefire sparked optimism across financial markets, particularly as oil prices declined sharply, easing concerns around inflationary pressures. Sterling rose 1% on the day to trade at $1.342, marking its highest level since March 23. The currency is now
The Indian rupee was expected to trade in a narrow range around 93 to the dollar on Tuesday as the Reserve Bank of India continued to support the currency following a period of sharp volatility that had driven it to record lows. The central bank’s intervention has provided a floor, but geopolitical uncertainty and elevated
The USD/INR exchange rate has pulled back in the past few weeks as the actions by the Reserve Bank of India (RBI) continued. The pair has dropped to 92.85, down by 2.45% from its highest point this year. So, what next for the Indian rupee as bond yields jump? Indian rupee jumps as bond yields
The USD/CHF exchange rate continued its uptrend this week as demand for the US dollar remained. Still, the pair has formed a highly bearish chart pattern, pointing to more downside in the near term. US dollar is beating Swiss franc as the war continues The USD/CHF exchange rate is doing well as investors move to