Pound Sterling Price News and Forecast: Sinks as BoE delivers dovish hold, April cut fully priced

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GBP/USD sinks as BoE delivers dovish hold, April cut fully priced

The Pound Sterling (GBP) collapses against the US Dollar (USD) on Thursday after the Bank of England (BoE) decided to hold rates but opened the door for further easing, in a decision seen as a 'dovish hold.' Worse-than-expected US jobs data failed to halt the GBP/USD downfall, trading at 1.3529, down 0.90%. Read More...

Pound Sterling cracks after BoE's dovish rate hold

The Pound Sterling (GBP) extends its decline against its major currency peers on Thursday, following the Bank of England’s (BoE) monetary policy announcement. The British currency has fallen further as five out of nine Monetary Policy Committee (MPC) members have voted to hold interest rates steady at 3.75%, against two expected. Read More...

GBP/USD falls toward 1.3600 ahead of BoE policy decision

GBP/USD extends its losses for the second successive session, trading around 1.3620 during the Asian hours on Thursday. The pair weakens as the Pound Sterling (GBP) comes under pressure ahead of the Bank of England’s (BoE) interest rate decision later in the day. Read More...

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GBP/USD gathers strength above 1.3350, but stays capped below 100-day average

The GBP/USD pair trades in positive territory around 1.3360 during the early European session on Friday. The British Pound gathers strength against the US Dollar on a weaker-than-expected US Nonfarm Payrolls report.

EUR/USD trades cautiously higher near mid-1.1400s amid mixed setup

The EUR/USD pair attracts some dip-buyers during the Asian session on Friday, stalling the previous day's modest pullback from the 1.1470-1.1475 region, or a nearly two-week high. Spot prices currently trade just below mid-1.1400s and seem poised to register gains for the first time in three weeks as receding US Federal Reserve rate hike bets keep the US Dollar depressed.

Gold advances to $4,200 neighborhood amid reduced Fed hike bets

Gold is seen building on this week's recovery move from its lowest level since November 2025 and gaining positive traction for the third straight day. The precious metal advances to the $4,200 neighborhood, or a one-and-a-half-week high, during the Asian session and remains on track to register gains for the first time in five weeks.

Bitcoin and Ethereum rebound as bulls return, XRP targets breakout

Bitcoin, Ethereum and Ripple extend their recovery on Friday as improving risk sentiment and strengthening technical indicators support the broader cryptocurrency market. BTC reclaims the $61,300 level after rebounding from a 21-month low earlier this week, while ETH holds firm near $1,700 following a sharp two-day recovery.

Economics week ahead

Market attention turns to next week's FOMC minutes for any signs of what could shift a divided Committee from a hold toward rate hikes. The dot plot from the last meeting made clear that policymakers are split on whether rate hikes are warranted, but with forward guidance getting tamped down under Chair Warsh, the Fed's reaction function remains uncertain in terms of what exactly would build broader support for more restrictive policy.

Kevin Warsh offers no policy clues: Why markets still got their answer

Financial markets came to Sintra looking for clues about the Federal Reserve's (Fed) next move. They largely left with confirmation that Fed Chair Kevin Warsh intends to make those clues much harder to find.