Pound Sterling Price News and Forecast: GBP/USD edges higher as mixed US data weighs on Greenback

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GBP/USD edges higher as mixed US data weighs on Greenback

The British Pound (GBP) gains traction against the US Dollar (USD)on Friday as the Greenback came under pressure following mixed US economic data, with GBP/USD paring most of Thursday’s losses. At the time of writing, the pair is trading near 1.1356 during the American trading hours. Read More...

Pound Sterling rebounds ahead of US Retail Sales, Trump-Putin meet

The Pound Sterling (GBP) recovers to near 1.3560 against the US Dollar (USD) on Friday, paring back some of the losses seen on Thursday, when the US Dollar (USD) bounced back strongly after the United States (US) Producer Price Index (PPI) report for July showed that wholesale prices rose at the strongest pace in three years. Read More...

GBP/USD strengthens to near 1.3550 as US Retail Sales data looms

The GBP/USD pair gathers to around 1.3545 during the early European session on Friday, bolstered by a weaker US Dollar (USD). Additionally, the stronger-than-expected UK economic data underpins the Pound Sterling (GBP) against the Greenback. Markets might turn cautious later on Friday as traders await the release of the US July Retail Sales report. Read More...

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AUD/USD reclaims 0.7100 and above

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USD/JPY looks slightly offered near 156.00 ahead of BoJ

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Zcash Price Forecast: ZEC eyes $1,500 breakout as retail demand expands

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How Japan became the World's Banker and why that era may be ending

Japan's ultra-low interest rates helped finance trillions of dollars in global investments for more than a decade, making the Japanese Yen one of the world’s cheapest sources of funding. With the Bank of Japan expected to tighten policy again this week, that advantage may be entering a new phase. While most major economies raised interest rates, Japan remained the world's outlier.