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Forex Market

Pound Under Pressure as Markets Shift Focus to November Budget

The British pound is facing growing headwinds, with analysts at Bank of America (BofA) warning that the currency is trading in a highly asymmetric environment dominated by fiscal concerns rather than traditional macroeconomic indicators. Budget Overshadows Economic Data BofA highlighted that despite three major U.K. economic data releases last week, …

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Weekly Recap: FOMC’s Rate Cut – A Lifeline or A Risky Bet?

The FOMC’s 25 basis point rate cut on September 17, setting the benchmark at 4.00%-4.25%, unleashed a market rally, but as the week of September 22-26 looms, a provocative question persists: with US labor markets faltering, private nonfarm payrolls averaging just 29,000 over three months, a recessionary signal, and inflation …

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Pound Pressure Persists: GBP/USD Dips to 1.3476 Amid Diverging Central Bank Paths

The British Pound extended its slide against the US Dollar on Friday, September 19, 2025, with the GBP/USD pair—affectionately known as “The Cable”—closing at 1.34761, reflecting a sharp 0.58% daily decline or -0.00784 points from the previous close of 1.35545. Trading within a day’s range of 1.34628 to 1.35594, the …

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Fed’s Measured Rate Cuts Meant to Keep US Economy on Track Amid Rising Risks

The Federal Reserve’s recent decision to trim interest rates by a quarter percentage point marks a pivotal shift in monetary policy, responding to signs of a cooling labor market while inflation lingers above target. This move, lowering the benchmark rate to a 4.00%-4.25% range, underscores a delicate balancing act. With …

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