Monthly Archives: July 2025
Pound Sterling Strengthens to Multi-Year High While GDP Reading in Focus Today
Written on July 1, 2025 at 7:06 am, by
Key Takeaways: *The Pound Sterling bullish rally shows signs of easing in strength. *Eyes on today’s UK GDP reading to gauge the Pound Sterling strength. Market Summary: The British pound has surged to its highest level since January 2022, bolstered by a combination of dollar weakness and growing expectations that the Bank of England willContinue Reading
Safe Havens Struggle on Trade Breakthrough
Written on July 1, 2025 at 7:05 am, by
Key Takeaways: *Gold and dollar retreat as global risk appetite surges: Improved U.S.-China ties and ceasefire hopes spark flows into risk assets, pressuring safe havens. *Hotter Core PCE complicates Fed rate path: Inflation beats forecast at 2.7% YoY, reinforcing higher-for-longer narrative but failing to lift USD. *Fiscal worries overshadow Fed tightening outlook: Mounting U.S. deficitContinue Reading
Pound Rises as BoE Pushes Back on Rate Cuts
Written on July 1, 2025 at 7:04 am, by
Key Takeaways: *Sterling rallies to 4-year high as BoE strikes hawkish tone *Middle East ceasefire boosts risk appetite, weighing on USD *Markets await August BoE decision amid sticky wage pressures Market Summary: The British Pound extended its rally on Thursday, with GBP/USD advancing toward 1.3765—its highest level since 2021—as global risk sentiment improved and theContinue Reading
