Pound Sterling Price News and Forecast:GBP/USD Pound Sterling outperforms US Dollar as US Jobless Claims surge

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Pound Sterling outperforms US Dollar as US Jobless Claims surge

The Pound Sterling (GBP) surges to near 1.2750 against the US Dollar (USD) in Thursday’s North American session. The GBP/USD pair strengthens as the US Dollar slumps after the release of the United States (US) Initial Jobless Claims data for the week ending November 29. The data showed that individuals claiming jobless benefits were 224K, higher than estimates and the prior release of 215K. Read More...

BoE DMP Survey: UK firms’ inflation expectations rise to 2.7% in the December quarter

According to the latest Bank of England (BoE) Decision Maker Panel (DMP) quarterly survey released on Thursday, “one-year ahead expected CPI inflation by the UK companies rose by another 0.1 percentage points to 2.7% in the quarter to December.” Read More...

GBP/USD holds steady above 1.2700 mark amid subdued USD price action

The GBP/USD pair trades with a mild positive bias for the third straight day and holds steady just above the 1.2700 mark during the Asian session on Thursday. Spot prices, however, lack bullish conviction and remain below the weekly high touched on Monday. Read More...

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EUR/USD climbs to daily highs, focus on 1.1650

EUR/USD now picks up extra pace, climbing past the 1.1640 level, or daily highs, as the US Dollar continues to lose momentum. The move follows fresh tariff threats from President Trump against eight European countries opposing his proposal to take Greenland. With US stock and bond markets closed for Martin Luther King Jr. Day, trading conditions are likely to remain thin.

GBP/USD advances to two-day tops near 1.3420

GBP/USD found its footing after a soft start to the week, edging modestly above 1.3400 the figure on Monday. The British Pound gathers steam on the back of a weaker Greenback, as markets continue to evaluate President Trump’s latest tariff threats against Europe over Greenland.

Gold: Is there a ceiling for XAU/USD?

Gold drew strong buying interest at the start of the week, surging to a fresh record high near $4,700 per troy ounce. Markets turned more cautious after President Trump threatened tariffs on eight European countries opposing his plan to acquire Greenland, a shift that helped underpin the yellow metal.

Dogecoin, Shiba Inu, Pepe in a freefall, echoing Bitcoin’s drop

Meme coins, such as Dogecoin, Shiba Inu, and Pepe, extend the decline from last week, with a roughly 3% drop on Monday. The meme coins trade below the crucial moving averages, aiming for the immediate support to potentially reset the momentum.

When tariffs become ammunition and capital becomes the battlefield

Markets opened the week like a risk engine hitting a pothole at speed. Equities stepped back, gold vaulted to fresh highs, Treasuries caught a bid, and the dollar, outside of havens, took on a soft bid. This was not a data-driven wobble or a valuation purge.