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# The Pound Hub

## Sitemaps

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## Posts

- [Pound Sterling Forecast 2026: Politics And Growth Keep GBP Supported](https://thepoundhub.com/british-pound/pound-sterling-forecast-2026-politics-and-growth-keep-gbp-supported/) - The British Pound has outperformed most major currencies in recent weeks, and analysts at Lloyds believe the combination of improving UK economic data and optimism surrounding the incoming Burnham government could keep Sterling supported through the summer. The Pound to Dollar exchange rate (GBP/USD) traded near 1.35, while the Pound to Euro exchange rate (GBP/EUR)
- [British Pound Forecast: Why UniCredit Sees A “Wind Of Change” Supporting GBP/USD](https://thepoundhub.com/british-pound/british-pound-forecast-why-unicredit-sees-a-wind-of-change-supporting-gbp-usd/) - The Pound Sterling could extend its recent gains against the US dollar as a shift in UK political sentiment improves confidence in Sterling, according to UniCredit. The Italian bank says expectations that Andy Burnham will appoint a fiscally conservative Chancellor have created a potential “wind of change” for UK assets, easing concerns over public finances
- [EUR/GBP Price Forecast: RSI flirts with oversold territory as bears defend key resistance](https://thepoundhub.com/british-pound/eur-gbp-price-forecast-rsi-flirts-with-oversold-territory-as-bears-defend-key-resistance/) - EUR/GBP edges higher on Friday, extending gains for a second consecutive day as traders cover short positions following the midweek sell-off. At the time of writing, the cross trades around 0.8501 but is still on track for a fourth straight weekly loss.From a technical perspective, EUR/GBP faces persistent downside pressure after breaking below the multi-month
- [Indian Rupee gains temporary ground, higher oil prices keep upside limited](https://thepoundhub.com/asian-currency/indian-rupee-gains-temporary-ground-higher-oil-prices-keep-upside-limited/) - The Indian Rupee (INR) trades marginally higher against the US Dollar (USD) while entering the weekend. The USD/INR pair ticks down to near 96.30 as the Indian currency rises, following Reserve Bank of India’s intervention.According to a Reuters report, the Indian central bank likely intervened to limit the Indian Rupee's fall. The report also showed
- [GBP/USD Price Forecast: British Pound extends weakness in process of UK leadership change](https://thepoundhub.com/british-pound/gbp-usd-price-forecast-british-pound-extends-weakness-in-process-of-uk-leadership-change/) - The British Pound (GBP) extends its decline against the US Dollar (USD) for the second straight day on Friday, trading 0.4% lower to near 1.3427 during the European trading session on Friday. The GBP/USD pair faces selling pressure as the British currency weakens amidst the process of the United Kingdom (UK) leadership change. Pound Sterling
- [Rupee closes at 96.28 vs $; logs sharpest weekly drop since May as oil price jump stings, ETEnergyworld](https://thepoundhub.com/asian-currency/rupee-closes-at-96-28-vs-logs-sharpest-weekly-drop-since-may-as-oil-price-jump-stings-etenergyworld/) - The Indian rupee logged its sharpest weekly drop since May, with Friday's uneventful trading session closing out the week, as elevated oil prices and strong merchant dollar demand renewed worries about the currency's trajectory.The rupee closed at 96.28 per dollar, down about 1 per cent week-on-week, stung by a 13 per cent rise in Brent
- [Japanese Yen drifts lower against the US Dollar and draws closer to 40-year lows](https://thepoundhub.com/dollar/japanese-yen-drifts-lower-against-the-us-dollar-and-draws-closer-to-40-year-lows/) - The Japanese Yen (JPY) ticks lower for the second consecutive day against the US Dollar (USD), reaching the 162.50 area on Friday, drawing closer to the 40-year low, at 162.84 hit earlier this month. A somewhat stronger USD, amid growing tensions in Iran, and higher Oil prices, which are expected to pressure central banks to
- [Sterling dips but on track for weekly rise as Burnham poised for power](https://thepoundhub.com/british-pound/sterling-dips-but-on-track-for-weekly-rise-as-burnham-poised-for-power/) - LONDON, July 17 (Reuters) - The pound slipped on ​Friday but was ⁠on track for its third ​consecutive weekly rise, with UK assets supported in recent days by reports that incoming prime minister Andy ​Burnham ‌has chosen a centrist to be finance minister. Sterling was last down 0.2% at $1.345, as it ⁠gave back some
- [Pound To Australian Dollar Price News, Forecast: Profit-Taking Caps GBP Rally](https://thepoundhub.com/british-pound/pound-to-australian-dollar-price-news-forecast-profit-taking-caps-gbp-rally/) - The Pound to Australian Dollar (GBP/AUD) exchange rate briefly climbed to a one-week high on Thursday before easing back as investors locked in profits following Sterling's recent rally. At the time of writing, GBP/AUD was trading at AU$1.9294, having retreated from an earlier high of AU$1.9353. Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD): 1.926352
- [Euro trims losses against the British Pound, supported by ECB tightening hopes](https://thepoundhub.com/british-pound/euro-trims-losses-against-the-british-pound-supported-by-ecb-tightening-hopes/) - The Euro (EUR) trades higher against the British Pound (GBP) on Friday, returning to levels near 0.8500 from 13-month lows of 0.8455 amid speculation that the European Central Bank (ECB) will hike rates in the coming months. The EUR/GBP pair, however, remains on track for its fourth consecutive weekly decline, having depreciated about 2.20% since
- [Pound To Dollar Price Forecast: GBP Falls As Middle East Conflict Boosts Dollar](https://thepoundhub.com/british-pound/pound-to-dollar-price-forecast-gbp-falls-as-middle-east-conflict-boosts-dollar/) - The Pound to Dollar (GBP/USD) exchange rate weakened on Thursday as escalating conflict in the Middle East drove investors towards the safe-haven US Dollar despite another positive UK political development. At the time of writing, GBP/USD was trading at $1.3499, down around 0.3% on the day. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.347769 (-0.46%)Euro
- [Indian Rupee holds early ground, elevated oil prices keep upside limited](https://thepoundhub.com/asian-currency/indian-rupee-holds-early-ground-elevated-oil-prices-keep-upside-limited/) - The Indian Rupee (INR) trades marginally higher against the US Dollar (USD) while entering the weekend. The USD/INR pair ticks down to near 96.30 as the Indian currency rises, following Reserve Bank of India’s intervention.According to a Reuters report, the Indian central bank likely intervened to limit the Indian Rupee's fall. The report also showed
- [Rupee opens 4 paise higher amid softer dollar](https://thepoundhub.com/asian-currency/rupee-opens-4-paise-higher-amid-softer-dollar/) - The Indian rupee snapped its three-day losing streak on Friday, opening 4 paise higher at 96.31 against the US dollar aided by a weaker greenback.The domestic currency had settled at 96.35 in the previous session. The recovery in the rupee came after the dollar index, which measures the US currency against a basket of six
- [USD/JPY Price Forecast: Trades near 162.50 after breaking above nine-day EMA](https://thepoundhub.com/dollar/usd-jpy-price-forecast-trades-near-162-50-after-breaking-above-nine-day-ema/) - USD/JPY steadies after registering minor gains in the previous day, trading around 162.40 during the Asian hours on Friday. The currency pair is maintaining a bullish near-term bias as it holds above both the nine-period and 50-period Exponential Moving Averages (EMAs). The location of prices over these key averages suggests buyers remain in controlAdditionally, the
- [Goldman Sachs Euro To Dollar FX Forecast: Swaption Signals Raise EUR/USD Risks](https://thepoundhub.com/euro/goldman-sachs-euro-to-dollar-fx-forecast-swaption-signals-raise-eur-usd-risks/) - The Euro to Dollar (EUR/USD) exchange rate is trading around 1.1440 after recovering from June lows near 1.1325, but Goldman Sachs believes options markets are signalling renewed downside risks for the pair. EUR/USD has remained relatively stable through July, gaining around 0.3% so far this month after falling more than 2% in June. Goldman Sachs
- [Indian Rupee ticks up on RBI’s intervention, downside remains favored](https://thepoundhub.com/asian-currency/indian-rupee-ticks-up-on-rbis-intervention-downside-remains-favored/) - The Indian Rupee (INR) opens marginally higher against the US Dollar (USD) while entering the weekend. The USD/INR pair ticks down to near 96.30 as the Indian currency rises, following Reserve Bank of India’s intervention.According to a Reuters report, the Indian central bank likely intervened to limit the Indian Rupee's fall. The report also showed
- [Rupee inches higher after four-day fall, but dollar demand and crude prices weigh](https://thepoundhub.com/asian-currency/rupee-inches-higher-after-four-day-fall-but-dollar-demand-and-crude-prices-weigh/) - The Indian rupee opened 4 paise higher against the US dollar on Friday (July 17), recovering marginally after falling for four consecutive sessions. The rupee opened at 96.31 per US dollar, compared with Thursday’s (July 16's) closing level of 96.35.However, the recovery remained limited as the currency continued to face pressure from rising crude oil
- [Rupee logs sharpest weekly drop in nine as oil price jump stings](https://thepoundhub.com/asian-currency/rupee-logs-sharpest-weekly-drop-in-nine-as-oil-price-jump-stings/) - The Indian rupee logged its sharpest weekly drop since May, ​with Friday’s uneventful trading session closing out the week, as ‌elevated oil prices and strong merchant dollar demand renewed ​worries about the currency’s trajectory.The rupee closed ⁠at 96.28 per dollar, down about 1 per cent week-on-week, stung by a 13 per cent rise in Brent
- [British Pound weakens below 1.3500 as US launches new wave of strikes against Iran](https://thepoundhub.com/british-pound/british-pound-weakens-below-1-3500-as-us-launches-new-wave-of-strikes-against-iran/) - The GBP/USD pair trades on a softer note around 1.3470 during the Asian trading hours on Friday. Geopolitical tensions in the Middle East trigger risk-off market sentiment and weigh on the Cable. The preliminary reading of the Michigan Consumer Sentiment Index for July is due later on Friday.The United States (US) has carried out major strikes
- [Dollar steadies on safe-haven demand but set for weekly decline](https://thepoundhub.com/dollar/dollar-steadies-on-safe-haven-demand-but-set-for-weekly-decline/) - The dollar held steady on Friday but was poised for a weekly decline as a softer-than-expected U.S. inflation report this week led traders to cut bets on imminent rate hikes from the Federal Reserve, although escalating attacks in the Middle East soured sentiment.Sopa Images | Lightrocket | Getty ImagesThe dollar was flat on Friday, on track for
- [Pound Sterling: UK Growth Beats Expectations As Economists Upgrade GDP Outlook](https://thepoundhub.com/british-pound/pound-sterling-uk-growth-beats-expectations-as-economists-upgrade-gdp-outlook/) - The Pound strengthened on Friday after stronger-than-expected UK GDP data prompted economists to upgrade their growth forecasts, reinforcing the view that the economy has proved more resilient than recent business surveys suggested. The Pound to Dollar exchange rate (GBP/USD) traded around 1.35, while the Pound to Euro exchange rate (GBP/EUR) held close to 1.18 following
- [ING Euro To Pound Forecast: Sterling Short Squeeze Can Extend Toward 0.8400](https://thepoundhub.com/british-pound/ing-euro-to-pound-forecast-sterling-short-squeeze-can-extend-toward-0-8400/) - ING believes the Pound’s recent rally can extend further in the short term, with EUR/GBP potentially moving towards 0.8400 if current momentum continues. Latest — Exchange Rates:Euro to Pound (EUR/GBP): 0.848982 (+0.22%)Pound to Dollar (GBP/USD): 1.347921 (-0.44%)Euro to Dollar (EUR/USD): 1.144361 (-0.23%) The bank identifies reports that Shabana Mahmood could become Andy Burnham’s Chancellor as
- [Dollar Gains 0.01% to 1.4043 Canadian Dollars — Data Talk](https://thepoundhub.com/dollar/dollar-gains-0-01-to-1-4043-canadian-dollars-data-talk/) - Dollar/Canadian dollar: 1.4043 Canadian dollars per dollar (0.7121 dollar per Canadian dollar) --Today the dollar gained 0.01% vs. the Canadian dollar --Snaps a two session losing streak --Off 1.34% from its 52-week high of 1.4234 hit Wednesday, June 24, 2026 --Up 4.09% from its 52-week low of 1.3491 hit Thursday, Jan. 29, 2026 --Rose 2.10%
- [British pound heads toward 50 baht as UK visitors eye cheaper Thailand holidays](https://thepoundhub.com/british-pound/british-pound-heads-toward-50-baht-as-uk-visitors-eye-cheaper-thailand-holidays/) - PATTAYA, Thailand – It may sound too good to be true for British holidaymakers, but the pound sterling is once again edging closer to the psychologically important 50-baht mark against the Thai baht. The exchange rate was last checked hovering near 46 baht to the pound, keeping the 50-baht milestone within sight and attracting attention
- [The BoC holds at 2.25% and removes hike language: Why the Canadian Dollar could remain stuck](https://thepoundhub.com/dollar/the-boc-holds-at-2-25-and-removes-hike-language-why-the-canadian-dollar-could-remain-stuck/) - The Canadian Dollar (CAD) has entered a consolidation phase against the US Dollar (USD) following a volatile week. While a soft US inflation report initially put the Greenback on the back foot, the Bank of Canada's (BoC) decision to keep its interest rate at 2.25% for a sixth consecutive meeting has somewhat tamed the initial
- [Euro pauses a two-day winning streak as the US Dollar steadies](https://thepoundhub.com/euro/euro-pauses-a-two-day-winning-streak-as-the-us-dollar-steadies/) - EUR/USD trades with a downside bias on Thursday, snapping a two-day winning streak as the US Dollar (USD) steadies following recent losses driven by softer-than-expected United States (US) inflation data. At the time of writing, the pair trades around 1.1457, down modestly on the day.Market sentiment remains fragile as renewed tensions in the Middle East
- [Japanese Yen: Mixed range trade outlook against US Dollar – UOB](https://thepoundhub.com/dollar/japanese-yen-mixed-range-trade-outlook-against-us-dollar-uob/) - United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/JPY has seen a slight increase in downward momentum, pointing to a lower intraday range around 161.70–162.30. Over the next one to three weeks, they maintain a mixed outlook, expecting the pair to trade between 160.60 and 163.00. On a one to
- [Indian Rupee falls further amid higher oil prices, FIIs extend selling streak](https://thepoundhub.com/asian-currency/indian-rupee-falls-further-amid-higher-oil-prices-fiis-extend-selling-streak/) - The Indian Rupee (INR) trades lower against the US Dollar (USD), extending its losing streak for the third trading day on Thursday. The USD/INR pair rises to near 96.32 as elevated crude oil prices have renewed fears of higher foreign outflows. The continued military aggression between the United States (US) and Iran in the Middle
- [Rabobank Euro To Pound Forecast: EUR To Rise As GBP Loses Momentum](https://thepoundhub.com/british-pound/rabobank-euro-to-pound-forecast-eur-to-rise-as-gbp-loses-momentum/) - The Pound Sterling has been one of the strongest-performing major currencies in recent months, but Rabobank believes the rally is unlikely to last as political uncertainty and a more cautious Bank of England begin to weigh on Sterling. The Pound to Euro exchange rate (GBP/EUR) traded near 1.1779 on Wednesday after touching a fresh 2026
- [The pound’s rebound is a warning to Burnham, not a green light - London Business News](https://thepoundhub.com/british-pound/the-pounds-rebound-is-a-warning-to-burnham-not-a-green-light-london-business-news/) - The pound’s rebound on Mahmood as Chancellor rumours is a warning to Burnham, not a green light, affirms the CEO of one of the world’s largest independent financial advisory organisations. Nigel Green of deVere Group’s comments come as the Bloomberg British Pound Index jumped as much as 1% on Wednesday to its highest level in
- [EURO 2028 fixtures by venue: Which games take place where? | UEFA EURO 2028](https://thepoundhub.com/euro/euro-2028-fixtures-by-venue-which-games-take-place-where-uefa-euro-2028/) - UEFA EURO 2028 will be staged at nine stadiums across eight cities in England, Republic of Ireland, Scotland and Wales. Check out where each fixture will be held.EURO 2028 venue guide EURO 2028 matches in Birmingham (Villa Park)11/06 Group stage: C3 vs C415/06 Group stage: B2 vs B420/06 Group stage: D4 vs D127/06 Round of
- [Indian Rupee declines further amid higher energy prices](https://thepoundhub.com/asian-currency/indian-rupee-declines-further-amid-higher-energy-prices/) - The Indian Rupee (INR) trades lower against the US Dollar (USD), extending its losing streak for the third trading day on Thursday. The USD/INR pair rises to near 96.32 as elevated crude oil prices have renewed fears of higher foreign outflows. The continued military aggression between the United States (US) and Iran in the Middle
- [UEFA EURO 2028 puts fans first with fair and transparent ticketing principles | UEFA EURO 2028](https://thepoundhub.com/euro/uefa-euro-2028-puts-fans-first-with-fair-and-transparent-ticketing-principles-uefa-euro-2028/) - At the UEFA EURO 2028 tournament launch in central London on 12 November, UEFA announced that approximately three million tickets will be available to fans, reaffirming its commitment to a fair, transparent and fan-first ticketing process.Fans can look forward to an even more convenient ticketing experience. Unlike previous tournaments, tickets will only go on sale
- [US Dollar: Softer inflation weighs on outlook – MUFG](https://thepoundhub.com/dollar/us-dollar-softer-inflation-weighs-on-outlook-mufg/) - MUFG’s Lee Hardman notes that the US Dollar has weakened, with the US Dollar Index (DXY) moving back towards 100.00 as softer June CPI and PPI data point to a lower monthly core PCE reading and reduced pressure on the Federal Reserve to tighten policy. While Fed Chair Kevin Warsh played down the lasting inflationary
- [Pound To Canadian Dollar Price, News, Forecast: Dovish BoC Rate Decision](https://thepoundhub.com/british-pound/pound-to-canadian-dollar-price-news-forecast-dovish-boc-rate-decision/) - The Pound to Canadian Dollar (GBP/CAD) exchange rate strengthened on Wednesday after the Bank of Canada maintained interest rates and struck a cautious tone on the outlook for monetary policy. At the time of writing, GBP/CAD was trading at CA$1.8903, up around 0.4% on the day. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.89695
- [EURO 2028: All you need to know | UEFA EURO 2028](https://thepoundhub.com/euro/euro-2028-all-you-need-to-know-uefa-euro-2028/) - After Spain were crowned UEFA EURO 2024 winners in Germany, sights are already being set on the next final tournament in under three years' time. It may still feel a long way off, but here's how UEFA EURO 2028 is shaping up.Download full tournament schedule Where will EURO 2028 take place?UEFA EURO 2028 will take
- [Indian Rupee extends decline amid elevated oil prices](https://thepoundhub.com/asian-currency/indian-rupee-extends-decline-amid-elevated-oil-prices/) - The Indian Rupee (INR) opens lower against the US Dollar (USD), extending its losing streak for the third trading day on Thursday. The USD/INR pair rises to near 96.32 as elevated crude oil prices have renewed fears of higher foreign outflows. The continued military aggression between the United States (US) and Iran in the Middle
- [Dollar hovers near one-month low as oil price risk lingers](https://thepoundhub.com/dollar/dollar-hovers-near-one-month-low-as-oil-price-risk-lingers/) - The U.S. dollar hovered near a one-month low on Thursday, as soft inflation data reinforced bets that the Federal Reserve can stay patient on interest rate hikes, while escalation in Middle East hostilities added upside risk to the inflation outlook.Nurphoto | Nurphoto | Getty ImagesThe dollar edged higher against major peers on Thursday while remaining
- [US Dollar Losses Yesterday Have Been Mostly Sustained Today](https://thepoundhub.com/dollar/us-dollar-losses-yesterday-have-been-mostly-sustained-today/) - From @LiveSquawk | 7 hr ago | 230 comments Iran Tells Yemen's Houthis To Close Bab El-Mandeb Gateway To The Red Sea If US Hits Power Network – RTRS Cites Sources *(IR) FOLLOW-UP: IRAN TELLS YEMEN'S HOUTHIS TO CLOSE BAB EL-MANDEB GATEWAY TO THE RED SEA IF U.S. HITS POWER NETWORK - PRESS **TTN Note:
- [AI-led investment to keep US dollar strong; rupee to stay near 96-97: Standard Chartered](https://thepoundhub.com/asian-currency/ai-led-investment-to-keep-us-dollar-strong-rupee-to-stay-near-96-97-standard-chartered/) - The US dollar is likely to remain strong over the medium term as artificial intelligence-led investments, robust corporate earnings and higher returns continue to attract global capital to the US, according to Steven Englander, Managing Director, Global Head of G10 FX Research and North American Macro Strategy at Standard Chartered Bank.Englander expects the Indian rupee
- [Swiss Franc holds losses as US Dollar recovers on Middle East tensions](https://thepoundhub.com/dollar/swiss-franc-holds-losses-as-us-dollar-recovers-on-middle-east-tensions/) - USD/CHF inches lower after opening at a bullish gap, remaining in positive territory and trading around 0.8060 during the Asian hours on Thursday. The pair holds ground as the US Dollar (USD) recovers its daily losses amid rising risk aversion, which could be attributed to United States (US)-Iran tensions boosting oil prices and sparking fresh
- [Do Euro 2028 Hosts Qualify Automatically? New Qualification Rules Explained](https://thepoundhub.com/euro/do-euro-2028-hosts-qualify-automatically-new-qualification-rules-explained/) - The road to UEFA Euro 2028 will look very different from previous editions, with the tournament's four co-hosts no longer guaranteed a place in the finals. Instead of receiving automatic qualification, England, Scotland, Wales and the Republic of Ireland will have to earn their spot through the qualifying campaign, although UEFA have introduced a safety
- [Citigroup’s Indian clients shift focus to Rupee volatility](https://thepoundhub.com/asian-currency/citigroups-indian-clients-shift-focus-to-rupee-volatility/) - Citigroup Inc. says its Indian corporate clients are expecting the rupee will keep weakening and are looking for products that will enable them to profit from its volatility.“Clients seem to have a view that the rupee will depreciate in line with interest-rate differentials over the medium-to-long term,” Vandana Bhatter, Singapore-based head of corporate foreign-exchange sales
- [Corporate India’s record outbound investments add pressure to rupee](https://thepoundhub.com/asian-currency/corporate-indias-record-outbound-investments-add-pressure-to-rupee/) - Stay informed with free updatesSimply sign up to the Indian business & finance myFT Digest -- delivered directly to your inbox.Foreign acquisitions by Indian companies are on track to hit a record this year, putting further pressure on a weak rupee.Indian companies have announced overseas equity investments worth more than $14bn in the first four
- [The British Pound Sterling breaks out on the strength of someone else's weakness](https://thepoundhub.com/british-pound/the-british-pound-sterling-breaks-out-on-the-strength-of-someone-elses-weakness/) - Cable spent the London morning drifting, printed the session low at 1.3381 shortly after 10:00 GMT, and then spent the New York afternoon repricing the entire Dollar complex. The Pound trades near 1.3540 at writing, up better than 1% in one of its strongest sessions of the year, after tagging 1.3558 and clearing both the
- [Euro To Dollar Forecast 2026: EUR/USD Set For Choppy Trading Near 1.14](https://thepoundhub.com/euro/euro-to-dollar-forecast-2026-eur-usd-set-for-choppy-trading-near-1-14/) - The Euro to Dollar exchange rate is trading close to 1.1460 after gaining around 0.5% in July, although Rabobank expects choppy conditions to dominate over the coming months. The bank notes that the US Dollar has been the strongest G10 currency since the start of the Iran war, initially benefiting from safe-haven demand and short-covering
- [Pound Sterling Forecast: UK GDP, US Retail Sales in Focus for GBP/USD](https://thepoundhub.com/british-pound/pound-sterling-forecast-uk-gdp-us-retail-sales-in-focus-for-gbp-usd/) - Modified: Wednesday, 15 July 2026 20:31 BST - Written by David Woodsmith STORY LINK Pound Sterling Forecast: UK GDP, US Retail Sales in Focus for GBP/USD The Pound to US Dollar (GBP/USD) exchange rate continued to edge higher on Wednesday, building on the previous session's rally as investors further pared back expectations for additional Federal
- [Rupee Could Hit 277 Against US Dollar Tomorrow](https://thepoundhub.com/dollar/rupee-could-hit-277-against-us-dollar-tomorrow/) - The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 198th consecutive day on Wednesday. The PKR closed at 278.00 after gaining one paisa against the US Dollar today. At current pace, the rupee is likely to hit 277 against the greenback tomorrow. The rupee has consistently reported gains against the
- [Pound Sterling Climbs As Markets Cheer Burnham's Expected Chancellor Pick](https://thepoundhub.com/british-pound/pound-sterling-climbs-as-markets-cheer-burnhams-expected-chancellor-pick/) - UPDATE: Pound Sterling Holds Near Highs vs Euro and US Dollar as Markets Await Burnham's Chancellor Announcement The British Pound remained firmly bid into Wednesday evening after fresh reports reinforced expectations that Prime Minister-designate Andy Burnham will appoint Home Secretary Shabana Mahmood as Chancellor when he unveils his cabinet next week. Although Burnham's team has
- [China Pushes African Nations to Repay Debt in Yuan](https://thepoundhub.com/china-currency/china-pushes-african-nations-to-repay-debt-in-yuan/) - NEW DELHI-Beijing has started asking African countries to shift their debt repayments to China from the US dollar to the yuan as part of its strategy to strengthen its currency and challenge the dominance of the American currency in the global payment system, according to a media report. Kenya’s decision to restructure part of its
- [Pound Sterling Price News and Forecast: GBP/USD rallies as soft US PPI hits US Dollar](https://thepoundhub.com/british-pound/pound-sterling-price-news-and-forecast-gbp-usd-rallies-as-soft-us-ppi-hits-us-dollar/) - British Pound rallies as soft US PPI hits US DollarThe Pound Sterling rises by some 0.60% against the US Dollar after the latest Producer Price Index (PPI) in the US showed prices edging lower, driven by the dip in energy prices since late May. At the time of writing, the GBP/USD trades at 1.3460 after
- [British Pound to Euro Forecast: Rising Gilt Yields Weigh on GBP](https://thepoundhub.com/british-pound/british-pound-to-euro-forecast-rising-gilt-yields-weigh-on-gbp/) - Modified: Wednesday, 15 July 2026 15:06 BST - Written by James Fuller STORY LINK British Pound to Euro Forecast: Rising Gilt Yields Weigh on GBP The Pound to Euro exchange rate (GBP/EUR) slipped back as UK government bond yields climbed above the 5.00% mark, reviving concerns that higher borrowing costs could eventually outweigh the Pound's
- [Dollar Loses 0.13% to 1.4042 Canadian Dollars — Data Talk](https://thepoundhub.com/dollar/dollar-loses-0-13-to-1-4042-canadian-dollars-data-talk/) - Dollar/Canadian dollar: 1.4042 Canadian dollars per dollar (0.7122 dollar per Canadian dollar) --Today the dollar lost 0.13% vs. the Canadian dollar --Down for two straight sessions --Down 0.83% over the last two sessions --Largest two-day percentage decline since Tuesday, Feb. 10, 2026 --Down six of the past seven sessions --Lowest five pm New York rate
- [British Pound dips below 1.3400, turns negative on the day as US Dollar picks up ](https://thepoundhub.com/british-pound/british-pound-dips-below-1-3400-turns-negative-on-the-day-as-us-dollar-picks-up/) - The British Pound (GBP) has retraced previous gains against the US Dollar (USD) on Wednesday, returning to the 1.3390 area from session highs of 1.3420 and turning negative on the daily chart. The safe-haven US Dollar has bounced up during the London session amid the risk-averse sentiment as US and Iran escalate their threats following
- [Pound Holds Strong: Sterling's Resilience Amidst Political and Market Dynamics](https://thepoundhub.com/british-pound/pound-holds-strong-sterlings-resilience-amidst-political-and-market-dynamics/) - The British pound maintained its position against the dollar and retained near-peak levels against the euro, backed by expectations of increased interest rates. Contributing factors include reduced political uncertainty, steady growth, and record foreign investment in UK companies.The pound stood steady at 85.28 pence against the euro, close to its zenith since last June, at
- [Naira slips to N1,855/£ as British pound strengthens](https://thepoundhub.com/british-pound/naira-slips-to-n1855-as-british-pound-strengthens/) - The Nigerian Naira marginally depreciated against the British pound on both the Nigerian Foreign Exchange Market (NFEM) and the parallel market amid a strong rebound from the British pound sterling in the global foreign market. The pound Sterling was exchanged at around N1,855/£1 at the opening of today’s trading on the official segment of NFEM
- [US Dollar Index Price Forecast: Remains below 101.00 near ascending channel bottom](https://thepoundhub.com/dollar/us-dollar-index-price-forecast-remains-below-101-00-near-ascending-channel-bottom/) - The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second successive day, trading around 100.80 during the early European hours on Wednesday. The technical analysis of the daily chart indicates an ongoing bullish bias, as the dollar index is trading
- [Euro snaps three-day losing streak against Canadian Dollar, BoC policy eyed](https://thepoundhub.com/euro/euro-snaps-three-day-losing-streak-against-canadian-dollar-boc-policy-eyed/) - The Euro (EUR) bounces back against the Canadian Dollar (CAD) after a three-day losing streak, trading 0.13% higher to near 1.6078 during the European trading session on Wednesday. The EUR/CAD pair remained under pressure in the last three trading days, as oil prices surged due to renewed hostilities in the Middle East. Canadian Dollar Price
- [Pound-to-Euro Flat Ahead of Key UK Growth Figures](https://thepoundhub.com/british-pound/pound-to-euro-flat-ahead-of-key-uk-growth-figures/) - Modified: Wednesday, 15 July 2026 20:31 BST - Written by Frank Davies STORY LINK Pound-to-Euro Flat Ahead of Key UK Growth Figures The Pound Euro (GBP/EUR) exchange rate moved sideways on Wednesday, with Sterling unable to make meaningful gains against the single currency despite disappointing Eurozone economic data. At the time of writing, GBP/EUR was trading
- [Rupee slips past 96 against dollar as oil surge rattles markets](https://thepoundhub.com/asian-currency/rupee-slips-past-96-against-dollar-as-oil-surge-rattles-markets/) - Daijiworld Media Network – New Delhi New Delhi, Jul 15: The Indian rupee weakened beyond the 96-per-dollar mark for the first time in less than two months on Tuesday, hit by a sharp rise in crude oil prices and a stronger US dollar after renewed US strikes against Iran reignited tensions in West Asia. The
- [Dollar to Naira exchange rate today, July 15, 2026](https://thepoundhub.com/dollar/dollar-to-naira-exchange-rate-today-july-15-2026/) - The Nigerian naira recorded mixed performance against the United States dollar across the official Nigerian Foreign Exchange Market (NFEM) and the parallel market on Wednesday, July 15, 2026, as traders continued to monitor foreign exchange liquidity and demand. At the official market, the naira traded at an indicative exchange rate of approximately ₦1,382 per US
- [Pound-to-Euro Forecast: GBP Holds Near One-Year Best Buy](https://thepoundhub.com/british-pound/pound-to-euro-forecast-gbp-holds-near-one-year-best-buy/) - The Pound to Euro (GBP/EUR) exchange rate held firm on Tuesday despite cautious comments from Bank of England Governor Andrew Bailey, with easing UK political uncertainty helping to underpin Sterling. At the time of writing, GBP/EUR was trading at €1.1731, up marginally on the day. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.172927 (+0.02%)Pound to
- [Dollar remains under pressure as traders focus on US PPI, BoC policy](https://thepoundhub.com/dollar/dollar-remains-under-pressure-as-traders-focus-on-us-ppi-boc-policy/) - The US Dollar (USD) remained under bearish pressure during the European session on Wednesday after weakening against its major counterparts in the previous session.It was trading around 100.80.Market participants turned their focus to upcoming economic data and central bank decisions.The US Bureau of Labour Statistics is set to release the June Producer Price Index (PPI)
- [US Dollar Price Forecast: Cooling Inflation Challenges DXY – Are GBP/USD and EUR/USD Ready to Rally?](https://thepoundhub.com/dollar/us-dollar-price-forecast-cooling-inflation-challenges-dxy-are-gbp-usd-and-eur-usd-ready-to-rally/) - US Dollar News: Softer Inflation Reshapes Fed Outlook The evolving monetary policies, particularly with the release of June's inflation numbers in the United States, are causing shifts in the value of the dollar, sterling and the euro. U.S. annual inflation for July fell to 3.5% from June's 4.2%, with core inflation also falling, to 2.6%.
- [Pound Sterling Jumps On Shabana Mahmood Chancellor Reports](https://thepoundhub.com/british-pound/pound-sterling-jumps-on-shabana-mahmood-chancellor-reports/) - British Pound Soars vs Euro and US Dollar as Markets Welcome Reports Shabana Mahmood Will Become Chancellor The British Pound Sterling rallied on Wednesday after reports suggested incoming Prime Minister Andy Burnham has decided to appoint Shabana Mahmood as Chancellor, with investors interpreting the move as a signal that fiscal policy is likely to remain
- [Australian Dollar remains stronger following China’s economic data](https://thepoundhub.com/dollar/australian-dollar-remains-stronger-following-chinas-economic-data/) - AUD/USD extends its gains for the second successive day, trading around 0.6980 during the Asian hours on Wednesday. The pair holds gains as the Australian Dollar (AUD) remains stronger following the release of key economic data from China, Australia’s close trading partner.China’s economy expanded 0.9% quarter-on-quarter in the second quarter of 2026, slowing from the
- [Dollar extends small gains after June PPI report](https://thepoundhub.com/dollar/dollar-extends-small-gains-after-june-ppi-report/) - The dollar extended its weakness on Wednesday after tumbling from a two-week high, as softer-than-expected inflation data curbed bets on a near-term Federal Reserve rate hike, despite concerns that elevated oil prices could fuel inflation risks.Cfoto | Future Publishing | Getty ImagesThe dollar extended small gains Wednesday after the release of June wholesale prices in the U.S.,
- [Dollar to Naira Exchange Rate Today, July 14, 2026: Nigerian Naira continues depreciation ](https://thepoundhub.com/dollar/dollar-to-naira-exchange-rate-today-july-14-2026-nigerian-naira-continues-depreciation/) - The Naira continued to depreciate against the dollar at the official foreign exchange market on Tuesday. The Central Bank of Nigeria’s data showed that the Naira weakened further to N1,383.08 per dollar on Tuesday, down from N1,379.65 traded on Monday. This means the Nigerian currency slipped on a day-to-day basis by N3.34 per dollar. Similarly,
- [Pound-to-Franc Carry Trade Still Has Room To Run](https://thepoundhub.com/british-pound/pound-to-franc-carry-trade-still-has-room-to-run/) - See latest Pound forecasts including against the euro, US dollar and Swiss Franc here. The Pound to Swiss Franc exchange rate has climbed strongly in July, with GBP/CHF trading around 1.0830 after reaching a fresh 2026 high above 1.0880. The pair is up roughly 1.5% this year and almost 1.1% so far this month. Bank
- [Buy UAE Dirhams Now or Wait? Pound Holds Near One-Month High Against Dirham](https://thepoundhub.com/british-pound/buy-uae-dirhams-now-or-wait-pound-holds-near-one-month-high-against-dirham/) - British holidaymakers heading to Dubai, Abu Dhabi or elsewhere in the United Arab Emirates have a reasonable case for buying at least some of their UAE Dirhams now.The live Pound to UAE Dirham exchange rate is trading around 4.92 at interbank level, while Sterling recently touched a one-month high against the US Dollar.That matters because
- [Euro gains above 1.1350 as traders await US CPI data](https://thepoundhub.com/euro/euro-gains-above-1-1350-as-traders-await-us-cpi-data/) - Currency markets are doing what they always do before a big data drop: holding their breath. The euro climbed above 1.1350 against the dollar in mid-July, with the European Central Bank logging an official reference rate of 1.1424 on July 13, 2026. That puts EUR/USD near the stronger end of the range it has occupied
- [Dollar weakens on soft U.S. inflation data for June](https://thepoundhub.com/dollar/dollar-weakens-on-soft-u-s-inflation-data-for-june/) - The dollar broadly weakened on ⁠Tuesday after softer-than-expected U.S. inflation in June tempered expectations for U.S. Federal Reserve policy tightening.However, analysts said the relief may prove temporary with the U.S.-Iran conflict pushing energy prices ​higher and keeping the prospects of an interest-rate ​hike alive later this year.The dollar ​index, a measure of the greenback against six other currencies, was off 0.6% at 100.68 as Fed
- [Pound to Euro Forecast For July 2026 (Consensus Predictions)](https://thepoundhub.com/british-pound/pound-to-euro-forecast-for-july-2026-consensus-predictions/) - The latest pound to euro forecast, including the live GBP/EUR rate, bank consensus forecasts for 2026 and 2027, near-term risks and key economic events.Updated: 14 July 2026Exchange rate checked: 14 July 2026 at 06:40 BSTThe pound to euro exchange rate is trading at approximately 1.1733, meaning £1 currently buys around €1.1733 at the indicative mid-market
- [ECB names 36 payment firms for the digital euro pilot](https://thepoundhub.com/euro/ecb-names-36-payment-firms-for-the-digital-euro-pilot/) - Deutsche Bank, UniCredit, Revolut, Stripe and Adyen made the list. The 12-month trial starts in the second half of 2027, and the money it moves will not be legal tender. The European Central Bank published the list on Tuesday: 36 payment service providers, drawn from more than 50 applicants, will run the first pilot of
- [British Pound to Euro Forecast: Bond Sell-Off Pushes GBP Off 12-Month Highs](https://thepoundhub.com/british-pound/british-pound-to-euro-forecast-bond-sell-off-pushes-gbp-off-12-month-highs/) - Modified: Tuesday, 14 July 2026 13:31 BST - Written by Frank Davies STORY LINK British Pound to Euro Forecast: Bond Sell-Off Pushes GBP Off 12-Month Highs The Pound to Euro exchange rate (GBP/EUR) eased back from 12-month highs near 1.1750 as a sharp rise in UK government bond yields and renewed geopolitical tensions prompted investors
- [Revolut, SumUp and Stripe to take part in digital euro pilot](https://thepoundhub.com/euro/revolut-sumup-and-stripe-to-take-part-in-digital-euro-pilot/) - Revolut, Stripe, UniCredit, Deutsche Bank and SumUp are just some of the companies selected for the pilot, which is set to commence in the second half of 2027. The European Central Bank (ECB) has chosen 36 payment service providers (PSP) to participate in a 12-month digital euro pilot, according to an announcement released today (14
- [RS2 Financial Services GmbH Selected to Participate in ECB Digital Euro Pilot](https://thepoundhub.com/euro/rs2-financial-services-gmbh-selected-to-participate-in-ecb-digital-euro-pilot/) - Tuesday 14 July 2026 1:22 pm | Updated: Tuesday 14 July 2026 2:01 pm RS2 Financial Services GmbH, an electronic money institution supervised by BaFin and part of the RS2 Group, operating under its innovation brand Beyond by RS2, has been selected to participate as an acquiring payment service provider in the Eurosystem’s digital euro pilot.
- [US Dollar Tumbles As US Inflation Cools](https://thepoundhub.com/dollar/us-dollar-tumbles-as-us-inflation-cools/) - The US Dollar weakened sharply on Tuesday after US inflation slowed significantly in June, reducing expectations that the Federal Reserve will need to raise interest rates again this year. Headline consumer prices fell 0.4% month-on-month, a much larger decline than forecasts for a 0.1% fall and the first monthly drop in consumer prices since 2020.
- [US Dollar: Residual strength as safe-haven returns – TD Securities](https://thepoundhub.com/dollar/us-dollar-residual-strength-as-safe-haven-returns-td-securities/) - TD Securities strategists expect the US Dollar to retain some residual strength in Q3 as positioning normalizes and traditional safe-haven demand returns. They expect June US CPI to show subdued underlying inflation, with Core CPI rising 0.20% month-on-month as goods prices remain soft and shelter continues to normalize despite firm airfares. Headline CPI is forecast
- [Sterling's Resilience: Pound Rises Amid Middle East Tensions](https://thepoundhub.com/british-pound/sterlings-resilience-pound-rises-amid-middle-east-tensions/) - The British pound rose against the dollar on Tuesday, buoyed by investors taking profits after the U.S. currency recently reached more than a year-high in anticipation of critical U.S. inflation data.Contributing to this movement, persistent geopolitical tensions between the U.S. and Iran have led to soaring oil prices. Such increases are typically unfavorable for the
- [Technical analysis of the S&P 500 as it consolidates as EUR/GBP and silver price stabilise above key support.](https://thepoundhub.com/british-pound/technical-analysis-of-the-sp-500-as-it-consolidates-as-eur-gbp-and-silver-price-stabilise-above-key-support/) - Macro update US inflation data: Investors are focused on June's consumer price report due later today, with a core CPI reading of 0.3% or higher seen as increasing the likelihood of a Federal Reserve rate hike as early as July, following hawkish comments from Governor Christopher Waller that borrowing costs may need to rise again
- [Indian Rupee slumps as oil prices surge, US CPI data awaited](https://thepoundhub.com/asian-currency/indian-rupee-slumps-as-oil-prices-surge-us-cpi-data-awaited/) - The Indian Rupee trades significantly lower against the US Dollar (USD) on Tuesday. The USD/INR pair posts a fresh seven-week high near 96.20 as surging oil prices and United States (US) Treasury Yields due to threats of levy from Washington have weakened the appeal of the Indian currency.In the opening session, the MCX Crude Oil
- [Trump's Hormuz Toll Plan Sparks Oil Shock, Raises Pressure On India's Falling Rupee](https://thepoundhub.com/asian-currency/trumps-hormuz-toll-plan-sparks-oil-shock-raises-pressure-on-indias-falling-rupee/) - President of the US, Donald Trump, has proposed that America should be responsible for protecting the strategically significant Strait of Hormuz and make money by levying 20% charges on cargoes passing through this passage. This proposal is generating new waves in the global energy and financial markets.Donald Trump sees the US as the future 'Guardian
- [Rupee hits 7-week low against dollar as crude spikes 10% and US-Iran tension escalates - Economy News](https://thepoundhub.com/asian-currency/rupee-hits-7-week-low-against-dollar-as-crude-spikes-10-and-us-iran-tension-escalates-economy-news/) - The Indian rupee has slipped lower in the past two days after holding fort for a few weeks. It breached the 96 per dollar mark in early trade, reaching its lowest level in over 7 weeks, as renewed tension between the US and Iran led to almost a 10% spike in oil prices from last
- [Sterling rises as BoE rate hike bets strengthen amid inflation concerns](https://thepoundhub.com/british-pound/sterling-rises-as-boe-rate-hike-bets-strengthen-amid-inflation-concerns/) - The GBP/USD pair rose to around 1.3355 during the early European session on Tuesday. The British pound strengthened against the US dollar. Investors increased bets that the Bank of England could raise interest rates later this year.Markets expect the central bank to tighten policy to keep inflation under control.Market sentiment toward the pound improved after
- [Pound To Dollar Price Forecast: US Inflation, Bailey Speech In Focus](https://thepoundhub.com/british-pound/pound-to-dollar-price-forecast-us-inflation-bailey-speech-in-focus/) - The Pound to Dollar (GBP/USD) exchange rate dipped at the start of the week as renewed tensions in the Middle East briefly boosted demand for the safe-haven US Dollar before Sterling recovered some ground. At the time of writing, GBP/USD was trading at $1.3391, having rebounded from an overnight low of $1.3369. Latest — Exchange
- [Pound Sterling: UK Shoppers Keep Spending Despite Slower Retail Sales Growth](https://thepoundhub.com/british-pound/pound-sterling-uk-shoppers-keep-spending-despite-slower-retail-sales-growth/) - The Pound Sterling was steady on Monday after UK retail sales data showed spending growth cooled in June, although underlying consumer demand remained resilient despite higher energy prices and political uncertainty. The Pound to Dollar exchange rate (GBP/USD) traded around 1.3390, while the Pound to Euro exchange rate (GBP/EUR) remained close to 1.1720, near its
- [Pound To Canadian Dollar Price News, Forecast: GBP Falls As Oil Prices Jump](https://thepoundhub.com/british-pound/pound-to-canadian-dollar-price-news-forecast-gbp-falls-as-oil-prices-jump/) - The Pound to Canadian Dollar (GBP/CAD) exchange rate slipped on Monday as renewed conflict between the US and Iran lifted oil prices and supported the commodity-linked Canadian Dollar. At the time of writing, GBP/CAD was trading at CA$1.8931, down around 0.2% on the day. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.891014 (-0.36%)Euro to
- [US dollar steadies ahead of CPI as oil surge pressures global currencies](https://thepoundhub.com/dollar/us-dollar-steadies-ahead-of-cpi-as-oil-surge-pressures-global-currencies/) - The US dollar remained supported on Tuesday after benefiting from a risk-averse market environment at the start of the week.Investors also turned their attention to the upcoming US inflation data, while rising geopolitical tensions continued to lift oil prices and pressure several major currencies.The US Dollar Index (DXY), which closed in positive territory on Monday,
- [Deutsche Bank says China's yuan remains undervalued against the euro, widening EU trade deficit](https://thepoundhub.com/china-currency/deutsche-bank-says-chinas-yuan-remains-undervalued-against-the-euro-widening-eu-trade-deficit/) - The core issue is straightforward: when one country’s currency stays artificially cheap against its trading partners, its exports become more competitive. China’s goods flood into Europe at bargain prices, European manufacturers struggle to compete, and the trade gap balloons. The EU’s goods deficit with China has surged to roughly €360 billion, which works out to
- [Australian Dollar weakens to near 0.6900 as US launches more strikes against Iran](https://thepoundhub.com/dollar/australian-dollar-weakens-to-near-0-6900-as-us-launches-more-strikes-against-iran/) - The AUD/USD pair trades with mild losses around 0.6915 during the early Asian session on Tuesday. Ongoing geopolitical tensions in the Middle East continue to boost a safe-haven currency such as the US Dollar (USD) against the Australian Dollar (AUD). All eyes will be on the US June Consumer Price Index (CPI) inflation data, which
- [Dollar rises amid escalating US-Iran tension, yen slides on pension doubts](https://thepoundhub.com/dollar/dollar-rises-amid-escalating-us-iran-tension-yen-slides-on-pension-doubts/) - The dollar jumped as a renewal of conflict in the Middle East fanned inflation fears and the prospect of rate hikes from central banks increased.VCG | Visual China Group | Getty ImagesThe dollar was higher on Monday as hostilities in the Gulf escalated ahead of the monthly U.S. inflation ​report, while the yen slid following a ​Reuters report
- [Rupee closes at a four-week low](https://thepoundhub.com/asian-currency/rupee-closes-at-a-four-week-low/) - American one hundred dollar bill and Indian paper currency banknote a backgrounds. | Photo Credit: suman bhaumik The rupee closed 29 paise weaker on Monday at a four-week low, weighed down by rising crude oil prices and FPI-related dollar outflows amid escalation in the West Asia war.The Indian currency closed at 95.62 per US dollar
- [EUR/GBP Historical Data | Euro British Pound Sterling](https://thepoundhub.com/british-pound/eur-gbp-historical-data-euro-british-pound-sterling/) - Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases
- [Indian Rupee's Road Back: Recovery, Relapse, and the War That Refuses to End](https://thepoundhub.com/asian-currency/indian-rupees-road-back-recovery-relapse-and-the-war-that-refuses-to-end/) - The Indian Rupee has witnessed one of its most volatile periods in recent years, swinging from a record low to a strong recovery before coming under pressure once again. The currency’s journey has largely mirrored developments in the US-Iran conflict, which has driven sharp movements in global crude oil prices and investor sentiment. As India
- [Digital Euro: Most Germans don't know what it's supposed to achieve](https://thepoundhub.com/euro/digital-euro-most-germans-dont-know-what-its-supposed-to-achieve/) - According to a survey by the digital association Bitkom, Germans have mostly heard about the plans to introduce the digital euro, but hardly anyone seems to understand them. 52 percent stated they had heard or read about the digital euro before. However, only 8 percent said they could explain what it is. Another 23 percent
- [ING Euro To Dollar Forecast: Why EUR/USD Could Test 1.1300](https://thepoundhub.com/euro/ing-euro-to-dollar-forecast-why-eur-usd-could-test-1-1300/) - The euro is forecast to come under renewed pressure against the US dollar this month as rising energy prices reinforce expectations that the Federal Reserve may need to keep monetary policy tighter for longer, according to ING. ING believes the deteriorating situation in the Gulf is proving more supportive for the US dollar than the
- [US Dollar: Geopolitics and inflation risks support Dollar – MUFG](https://thepoundhub.com/dollar/us-dollar-geopolitics-and-inflation-risks-support-dollar-mufg/) - MUFG’s Lee Hardman notes the US Dollar (USD) has gained modestly as renewed US–Iran tensions lift Brent Oil back to USD80, with markets rebuilding a geopolitical risk premium. He highlights that higher Oil prices could reinforce upside US inflation risks just as the Fed considers further rate hikes, with June Consumer Price Index (CPI) and
- [Euro climbs above 1.1400 as US Dollar loses ground](https://thepoundhub.com/euro/euro-climbs-above-1-1400-as-us-dollar-loses-ground/) - EUR/USD trades with a mild positive bias on Monday as the US Dollar (USD) gives back its earlier gains. At the time of writing, the pair trades around 1.1424 after recovering from an intraday low of 1.1384.The Greenback opened the week higher after the United States (US) and Iran exchanged missile and drone attacks over
- [Technical analysis of the FTSE 100 as it range trades while the GBP/USD rally runs out of steam and the Brent crude price rallies.](https://thepoundhub.com/british-pound/technical-analysis-of-the-ftse-100-as-it-range-trades-while-the-gbp-usd-rally-runs-out-of-steam-and-the-brent-crude-price-rallies/) - Macro update Oil prices jump after Iran closes the Strait of Hormuz: Brent crude surged 4.1% to $79.11 a barrel after US and Iranian forces exchanged missile and drone attacks over the weekend, with Tehran targeting US military facilities across the Gulf and once again shutting the strategically important shipping route. Dollar strengthens as markets
- [Canadian Dollar: Supported against US Dollar by steady BoC outlook – BNY](https://thepoundhub.com/dollar/canadian-dollar-supported-against-us-dollar-by-steady-boc-outlook-bny/) - BNY’s Geoff Yu notes that the Bank of Canada (BoC) is widely expected to keep its policy rate unchanged at 2.25%, with markets not pricing cuts until at least Q4. The report states that recent core inflation and labor market gains justify the status quo, though renewed downside inflation surprises could bring easing back onto
- [Rupee hits one-month low as renewed West Asia conflict lifts oil prices, ETEnergyworld](https://thepoundhub.com/asian-currency/rupee-hits-one-month-low-as-renewed-west-asia-conflict-lifts-oil-prices-etenergyworld/) - The Indian rupee declined to its weakest level in over a month on Monday, as renewed hostilities in the West Asia and Iran's claim of closing the vital Strait of Hormuz sent oil prices surging. State-run banks were spotted offering dollars, most likely on behalf of the Reserve Bank of India, four traders ‌told Reuters.
- [Sterling today: Pound slips as US-Iran escalation drives oil, dollar](https://thepoundhub.com/british-pound/sterling-today-pound-slips-as-us-iran-escalation-drives-oil-dollar/) - Investing.com -- Sterling traded lower on Monday while the euro held fractional gains, as surging energy prices linked to renewed U.S. strikes on Iran and fears over Strait of Hormuz shipping kept the dollar broadly bid against low-yielding currencies. As of 06"05 ET (10:05 GMT), GBP/USD fell 0.11% to 1.3392, retreating from highs touched last
- [Germany's Merz pushes China currency talks, urges freer yuan](https://thepoundhub.com/china-currency/germanys-merz-pushes-china-currency-talks-urges-freer-yuan/) - BERLIN, July 13 (Reuters) - German Chancellor Friedrich Merz ‌on Monday called ‌for a dialogue with China ​on Beijing's monetary policy, saying that the EU could not win, no ‌matter ⁠how innovative or good the bloc may ⁠be, against a competitor that artificially manipulates ​its currency. "We ​are ​now trying ‌to steer the dialogue with
- [Angola Adds Yuan to Banks’ Required Foreign-Currency Reserves](https://thepoundhub.com/china-currency/angola-adds-yuan-to-banks-required-foreign-currency-reserves/) - Angola now allows banks to hold yuan as part of mandatory foreign-currency reserves The move reflects China’s dominant role in Angola’s trade and debt Angola is diversifying reserve currencies while gradually reducing its Chinese debt exposure Angola’s central bank now allows commercial banks to count Chinese yuan holdings
- [British Pound remains subdued as US-Iran tensions lift US Dollar](https://thepoundhub.com/british-pound/british-pound-remains-subdued-as-us-iran-tensions-lift-us-dollar/) - GBP/USD remains in negative territory after paring daily losses, trading around 1.3390 during the early European hours on Monday. The pair faces challenges as the US Dollar (USD) gains ground on rising safe-haven demand amid intensifying tensions in the Middle East.US Central Command (CENTCOM) launched additional airstrikes on Sunday evening, following striking more than 300
- [Why is Canadian Dollar outperforming its peers on Monday?](https://thepoundhub.com/dollar/why-is-canadian-dollar-outperforming-its-peers-on-monday/) - The Canadian Dollar (CAD) trades firmly against its major currency peers, but is flat at around 1.4160 against the US Dollar (USD) during the European trading session on Monday.The Loonie outperforms as Oil prices have increased significantly, following the announcement that Iran has closed the Strait of Hormuz, a vital passage to almost one-fifth of
- [Pound To Australian Dollar Week Ahead Forecast: Can GBP Extend Its Five-Month Rally?](https://thepoundhub.com/british-pound/pound-to-australian-dollar-week-ahead-forecast-can-gbp-extend-its-five-month-rally/) - The Pound to Australian Dollar (GBP/AUD) exchange rate opens the new week around 1.9271 after holding close to five-month highs, with Sterling remaining well supported while the Australian Dollar faces another busy week of domestic data and renewed scrutiny over China's economic outlook. Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD): 1.927065 (-0.05%)Pound to Dollar
- [Euro: Range trading with downside risks against US Dollar – UOB](https://thepoundhub.com/dollar/euro-range-trading-with-downside-risks-against-us-dollar-uob/) - UOB’s Quek Ser Leang and Lee Sue Ann highlight that EUR/USD has slipped after testing 1.1460, with increasing downward momentum but major support at 1.1360 seen as difficult to reach near term. For the coming 1–3 weeks, they expect EUR/USD to remain in a 1.1360–1.1450 range. On a multi‑week view, a break of the 1.1390/1.1410
- [Euro flirts with 1.1400 on risk-averse markets as Iran’s war escalates](https://thepoundhub.com/euro/euro-flirts-with-1-1400-on-risk-averse-markets-as-irans-war-escalates/) - The Euro (EUR) depreciates moderately against the US Dollar (USD) on Monday, as escalating tensions between the US and Iran and the closure of the Strait of Hormuz dampened appetite for risk and boosted inflationary pressures at the week's opening.The EUR/USD pair is trading at the 1.1400 area at the time of writing, after rejection
- [Pound To Dollar Weekly Forecast: GBP Hits Three-Week High Despite Middle East Tensions](https://thepoundhub.com/british-pound/pound-to-dollar-weekly-forecast-gbp-hits-three-week-high-despite-middle-east-tensions/) - The Pound to Dollar (GBP/USD) exchange rate climbed over the past week, briefly reaching a three-week high as Sterling remained well supported despite renewed geopolitical tensions in the Middle East. At the time of writing, GBP/USD was trading at $1.3417, up around 0.5% on the week. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.338855 (-0.13%)Euro
- [Pound To Euro Week Ahead Forecast: GBP To Outperform As EUR Under Pressure](https://thepoundhub.com/british-pound/pound-to-euro-week-ahead-forecast-gbp-to-outperform-as-eur-under-pressure/) - The Pound to Euro (GBP/EUR) exchange rate extended its recent rally last week, with Sterling repeatedly climbing to fresh one-year highs as fading UK political uncertainty and diverging central bank expectations continued to favour the Pound. At the time of writing, GBP/EUR was trading at €1.1741, close to its highest level since June 2025 and
- [Dollar to Naira exchange rate today, July 13, 2026](https://thepoundhub.com/dollar/dollar-to-naira-exchange-rate-today-july-13-2026/) - The Nigerian naira traded at around ₦1,382.33 to the United States dollar at the official Nigerian Foreign Exchange Market (NFEM) on Monday, July 13, 2026, according to available market data. The latest official rate represents the benchmark exchange rate used in the formal foreign exchange market. Data from the Central Bank of Nigeria’s NFEM platform
- [Rupee falls 39 paise to 95.77 against US dollar in early trade](https://thepoundhub.com/asian-currency/rupee-falls-39-paise-to-95-77-against-us-dollar-in-early-trade/) - MUMBAI: The rupee fell 39 paise to 95.77 against the American currency in early trade on Monday, weighed down by elevated crude oil prices.Forex traders said with Brent oil prices rising over USD 79 to the barrel the Indian rupee is expected to open weaker at 95.53 levels after Iran declared the Strait of Hormuz
- [Rupee Falls 39 Paise to 95.77 Amid Rising Crude Oil Prices: Rediff Moneynews](https://thepoundhub.com/asian-currency/rupee-falls-39-paise-to-95-77-amid-rising-crude-oil-prices-rediff-moneynews/) - Indian Rupee drops 39 paise to 95.77 against the US dollar due to elevated Brent crude oil prices. Iran''s Strait of Hormuz closure fears fuel oil rally.Mumbai, Jul 13 (PTI) The rupee fell 39 paise to 95.77 against the American currency in early trade on Monday, weighed down by elevated crude oil prices.Forex traders said
- [Indian Rupee braces for pressure with oil taking centre-stage on US-Iran flare up](https://thepoundhub.com/asian-currency/indian-rupee-braces-for-pressure-with-oil-taking-centre-stage-on-us-iran-flare-up/) - MUMBAI: The Indian rupee is poised to weaken at Monday's open, with the market's focus swinging ​back to oil after ⁠Iran expanded strikes on Gulf states following U.S. attacks, reviving risks ‌to India's trade balance. The rupee is expected to open in the 95.55-95.60 range against the ​U.S. dollar on Monday, traders said, after settling
- [Japanese Yen weakens vs USD amid Iran tensions and US-Japan rate gap](https://thepoundhub.com/asian-currency/japanese-yen-weakens-vs-usd-amid-iran-tensions-and-us-japan-rate-gap/) - The USD/JPY pair builds on Friday's late rebound from the 161.30-161.25 region and gains strong positive traction at the start of a new week. The momentum lifts spot prices back above the 162.00 round figure during the Asian session and is sponsored by a combination of supporting factors.The US launched a new round of strikes
- [British Pound holds below 1.3400 as US-Iran tensions bolster USD](https://thepoundhub.com/british-pound/british-pound-holds-below-1-3400-as-us-iran-tensions-bolster-usd/) - The GBP/USD pair finds some support near 1.3370 after a modest gap-down opening on Monday, though it lacks bullish conviction and remains below 1.3400. Nevertheless, spot prices, for now, seem to have stalled the pullback from a nearly four-week high, around the 1.3450 area, touched on Friday amid mixed fundamental cues.Former Greater Manchester mayor Andy
- [Dollar jumps on renewed Middle East attacks, Hormuz closure](https://thepoundhub.com/dollar/dollar-jumps-on-renewed-middle-east-attacks-hormuz-closure/) - The dollar jumped as a renewal of conflict in the Middle East fanned inflation fears and the prospect of rate hikes from central banks increased.VCG | Visual China Group | Getty ImagesThe dollar jumped against most of its peers as a renewal of conflict in the Middle East fanned inflation fears and the prospect of
- [Australian Dollar declines below 0.6950 as US, Iran launch new round of strikes](https://thepoundhub.com/dollar/australian-dollar-declines-below-0-6950-as-us-iran-launch-new-round-of-strikes/) - The AUD/USD pair loses ground to near 0.6940 during the early Asian session on Monday. Renewed tensions in the Middle East weigh on the riskier assets such as the Australian Dollar (AUD) against the US Dollar (USD). Traders brace for the release of the US Consumer Price Index (CPI) inflation data, which is due later
- [Investors seek strategies as stronger US dollar pressures US bonds](https://thepoundhub.com/dollar/investors-seek-strategies-as-stronger-us-dollar-pressures-us-bonds/) - The US dollar is doing that thing again where it flexes on every other asset class at the same time. After tumbling 9.4% through 2025, the greenback has quietly clawed back 2.7% year-to-date through early July 2026, and bondholders are feeling the squeeze. The 10-year Treasury yield sat at 4.56% as of July 10, up
- [FII inflows surge after Govt steps to prop rupee: SBI Research](https://thepoundhub.com/asian-currency/fii-inflows-surge-after-govt-steps-to-prop-rupee-sbi-research/) - India has received $7 billion from foreign institutional investors (FIIs) after the government announced measures last month to attract more foreign funds and steady the volatility in the rupee, according to an SBI Research report.The Indian rupee has appreciated around 2.2 per cent till the end of June, from a low of Rs 96.8 vis-a-vis
- [The Japanese Yen Keeps Falling](https://thepoundhub.com/asian-currency/the-japanese-yen-keeps-falling/) - Japanese Yen Forecast: J.P. Morgan Says Retail Investors Are Still Betting on Intervention The Japanese Yen remains under pressure against the US Dollar, but J.P. Morgan says Japan's retail investors are increasingly positioning for another round of official currency intervention. USD/JPY traded near 161.14 on Thursday after retreating from this week's high above 162.80, the
- [England 2-1 Netherlands: Ollie Watkins scores late as England reach Euro 2024 final against Spain](https://thepoundhub.com/euro/england-2-1-netherlands-ollie-watkins-scores-late-as-england-reach-euro-2024-final-against-spain/) - England’s victory over the Netherlands in Dortmund has left Southgate and his players one game from history and ending the so-called "years of hurt" stretching back 58 years.The campaign in Germany has been a slow-burner, but the torch was lit on a sultry, stormy night and England now have the opportunity to finish with glory
- [UniCredit Euro To Dollar Forecast: 1.15 Still Looks Out Of Reach](https://thepoundhub.com/euro/unicredit-euro-to-dollar-forecast-1-15-still-looks-out-of-reach/) - The Euro to Dollar (EUR/USD) exchange rate is holding close to 1.1415, despite renewed geopolitical tensions in the Middle East that would normally be expected to support the US Dollar. UniCredit believes the Dollar's muted response reflects a combination of higher global bond yields, resilient equity markets and fading expectations of an imminent Federal Reserve
- [Jamaican dollar transactions up at ABMs, US-dollar transactions down, says PIOJ](https://thepoundhub.com/dollar/jamaican-dollar-transactions-up-at-abms-us-dollar-transactions-down-says-pioj/) - The volume of Jamaican dollar transactions at automated banking machines (ABMs) islandwide in 2025 increased by 35.3 per cent to $66.3 million and was valued at $1.2 billion. This is an increase of 45.7 per cent when compared to 2024. The information is outlined in the 2025 edition of the Economic and Social Survey Jamaica,
- [Pound Sterling Outlook Hinges On Burnham Delivering Growth](https://thepoundhub.com/british-pound/pound-sterling-outlook-hinges-on-burnham-delivering-growth/) - The Pound Sterling has strengthened against both the Euro and US Dollar in July, with GBP/EUR near 1.1740 and GBP/USD around 1.3410 after a solid recovery from late-June lows. HSBC believes Sterling has scope to outperform if the UK political transition proves orderly and confidence improves, but its central scenario still points to a weaker
- [US Dollar To Yen FX Forecast: JPY Risks Point Towards 170](https://thepoundhub.com/dollar/us-dollar-to-yen-fx-forecast-jpy-risks-point-towards-170/) - The US Dollar to Yen (USD/JPY) exchange rate is trading around 161.70 after reaching a July high above 162.80, leaving the Japanese currency close to multi-decade lows. Crédit Agricole believes the risks remain tilted towards further USD/JPY gains, with the median outcome from its scenario analysis at 170.45. The bank’s current model estimate places short-term
- [Stablecoins May Improve FX Access but Worsen Currency Runs: IMF](https://thepoundhub.com/currency/stablecoins-may-improve-fx-access-but-worsen-currency-runs-imf/) - Dollar stablecoins could improve access to foreign currency in economies with fixed or heavily managed exchange rates, but may also amplify currency runs when pressure on the domestic currency becomes severe, according to a new paper published by the International Monetary Fund (IMF). The findings come from a working paper by economist Brandon Joel Tan. Titled
- [Canadian Dollar Recovery Builds As USD/CAD Tests Key Support](https://thepoundhub.com/dollar/canadian-dollar-recovery-builds-as-usd-cad-tests-key-support/) - The US Dollar to Canadian Dollar (USD/CAD) exchange rate has retreated to around 1.4160 after reaching highs above 1.42 earlier this month, with the Canadian Dollar showing signs of stabilising following its steep May and June losses. Scotiabank believes the CAD sell-off may have run its course as short-term US-Canada interest-rate spreads reverse some of
- [Dollar to Naira Exchange Rate Today, July 10, 2026: Nigerian currency records depreciation](https://thepoundhub.com/dollar/dollar-to-naira-exchange-rate-today-july-10-2026-nigerian-currency-records-depreciation/) - The Naira depreciated against the dollar at the official foreign market on Friday to end the week on a negative note.The Central Bank of Nigeria’s data showed that the Naira fell slightly to N1,379.62 against the dollar on Friday, down from N1,378.43 that was exchanged on Thursday. This means that on a day-to-day basis the
- [Euro To Dollar Forecast 2026: HSBC Says Fundamentals Still Favour The USD](https://thepoundhub.com/euro/euro-to-dollar-forecast-2026-hsbc-says-fundamentals-still-favour-the-usd/) - The Euro to Dollar (EUR/USD) exchange rate has slipped back towards 1.1415 as investors continue to favour the US Dollar following resilient US economic data and expectations that the Federal Reserve will keep interest rates higher for longer. HSBC believes EUR/USD is likely to face renewed downside pressure as markets shift their focus back to
- [Cristiano Ronaldo celebrates Euro 2016 win after claiming it is on the same 'level' as the World Cup](https://thepoundhub.com/euro/cristiano-ronaldo-celebrates-euro-2016-win-after-claiming-it-is-on-the-same-level-as-the-world-cup/) - Follow us on Google Discover Such is the level of his celebrity, Cristiano Ronaldo will always make headlines regardless of what he says. So, when he does say something relatively controversial, it’s a major news story. In fact, Ronaldo claimed that the European Championships were on the “same level” as the World Cup when he
- [Tariffs and War: How Trade Risks and Middle East Tensions Are Moving Global Markets](https://thepoundhub.com/currency/tariffs-and-war-how-trade-risks-and-middle-east-tensions-are-moving-global-markets/) - Final Thoughts Tariffs and war push markets in opposite directions, and both factors apply significant downward pressure on the world economy. Tariffs have already begun to slow trade. They have weakened European-based export-oriented industries and are likely to create long term negative impacts on the rate of overall growth for the global economy. Simultaneously, the
- [Women's Under-19 EURO results | Women's Under-19](https://thepoundhub.com/euro/womens-under-19-euro-results-womens-under-19/) - Spain have been crowned champions for the fifth time in a row after beating Germany 1-0 in the 2026 UEFA European Women's Under-19 Championship final.In the semi-finals, Group B winners Spain beat Sweden 3-0, before Group A winners Germany won 1-0 against Austria after extra time. VenuesGrbavica Stadium, SarajevoTraining Centre FFBH, ZenicaBilino Polje Stadium, ZenicaAsim
- [US Dollar Steady, Oil Price Jumps As Traders Look Past Middle East Conflict](https://thepoundhub.com/dollar/us-dollar-steady-oil-price-jumps-as-traders-look-past-middle-east-conflict/) - The US Dollar was little changed while the Euro and Pound Sterling recovered from early losses, as investors largely looked through the latest US-Iran escalation and focused instead on the limited impact on global markets beyond higher oil prices. Latest — Exchange Rates:Euro to Dollar (EUR/USD): 1.141485 (-0.16%)Pound to Dollar (GBP/USD): 1.340549 (-0.05%)Dollar to Yen
- [British Pound holds firm as Trump ceasefire shock tests USD](https://thepoundhub.com/british-pound/british-pound-holds-firm-as-trump-ceasefire-shock-tests-usd/) - The Pound Sterling (GBP) holds firm on Friday during the North American session as risk appetite deteriorated after US President Donald Trump posted on social media that the ceasefire with Iran is over, even though negotiations continue. At the time of writing, the GBP/USD pair trades at 1.3406, unchanged, after reaching an almost one-month high
- [US Dollar Steady, Oil Jumps, Stocks Recover As Traders Look Past Middle East Conflict](https://thepoundhub.com/dollar/us-dollar-steady-oil-jumps-stocks-recover-as-traders-look-past-middle-east-conflict/) - The US Dollar was little changed while the Euro and Pound Sterling recovered from early losses, as investors largely looked through the latest US-Iran escalation and focused instead on the limited impact on global markets beyond higher oil prices. Latest — Exchange Rates:Euro to Dollar (EUR/USD): 1.142851 (-0.04%)Pound to Dollar (GBP/USD): 1.34091 (-0.03%)Dollar to Yen
- [US Dollar Steady, Oil Jumps As Traders Look Past Middle East Conflict](https://thepoundhub.com/dollar/us-dollar-steady-oil-jumps-as-traders-look-past-middle-east-conflict/) - The US Dollar was little changed while the Euro and Pound Sterling recovered from early losses, as investors largely looked through the latest US-Iran escalation and focused instead on the limited impact on global markets beyond higher oil prices. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.340549 (-0.05%)Euro to Dollar (EUR/USD): 1.141485 (-0.16%)Dollar to Yen
- [2026 Under-19 EURO final preview: Spain vs Germany | UEFA Under-19](https://thepoundhub.com/euro/2026-under-19-euro-final-preview-spain-vs-germany-uefa-under-19/) - Reflections on the group stage meeting, memories of last year's semi-final epic and table tennis tournaments feature in our preview of the 2026 European Under-19 Championship final. Rematch readySpain and Germany have already met at these finals, Paco Gallardo’s charges winning 4-0 to seal top spot in their final Group A game, but both camps
- [Technical analysis of the Dow as it resumes its ascent while GBP/USD probes resistance and US natural gas prices fall out of bed.](https://thepoundhub.com/british-pound/technical-analysis-of-the-dow-as-it-resumes-its-ascent-while-gbp-usd-probes-resistance-and-us-natural-gas-prices-fall-out-of-bed/) - Macro update Semiconductor stocks drive Asian markets higher: Equities in Japan and South Korea advanced on Friday as gains in AI and chip-related companies outweighed concerns over escalating US-Iran tensions, with the KOSPI rising more than 5% and the Nikkei adding 1.8% ahead of SK Hynix's US market debut. Micron's investment plans lift the technology
- [USD/EUR Historical Data | US Dollar Euro](https://thepoundhub.com/dollar/usd-eur-historical-data-us-dollar-euro/) - Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases
- [Canadian Dollar: Firmer against US Dollar – Societe Generale](https://thepoundhub.com/dollar/canadian-dollar-firmer-against-us-dollar-societe-generale/) - Societe Generale strategists highlight that USD/CAD is tactically expensive versus the 2-year spread and has recently met resistance near 1.4250 before retracing toward 1.4130. They view this area as potential support but warn that a break lower could trigger a deeper pullback toward 1.4075 and the 50-DMA near 1.3950, framing near-term downside risks for the
- [Silver Price Forecast: XAG/USD rises as oil prices correct, US Dollar faces pressure](https://thepoundhub.com/dollar/silver-price-forecast-xag-usd-rises-as-oil-prices-correct-us-dollar-faces-pressure/) - Silver price (XAG/USD) trades 0.4% higher to near $60.22 during the European trading session on Friday. The white metal gains as the US Dollar (USD) continues to remain under pressure amid hopes that the restart of the war between the United States (US) and Iran won’t long last.At press time, the US Dollar Index (DXY),
- [Currency in circulation up 3.1% this fiscal | Capital Market News](https://thepoundhub.com/currency/currency-in-circulation-up-3-1-this-fiscal-capital-market-news/) - Last Updated : Jul 10 2026 | 11:51 AM ISTThe Reserve Bank of India (RBI) has reported that currency in circulation fell 0.50% on the fortnightly basis to stand at Rs 42.94 lakh crore as on June 30, 2026. The central bank stated further that the overall reserve money edged up by 0.30% in the
- [Indian Rupee gains further as US Dollar extends decline](https://thepoundhub.com/asian-currency/indian-rupee-gains-further-as-us-dollar-extends-decline/) - The Indian Rupee (INR) extends Thursday’s recovery against the US Dollar (USD) in the opening session on Friday. The USD/INR pair falls further to near 95.22 as the US Dollar weakens as the restart of the war in the Middle East between the United States (US) and Iran won’t be prolonged. However, the Indian Rupee
- [British Pound-to-Euro Forecast: GBP Hits Fourth Straight One-Year High](https://thepoundhub.com/euro/british-pound-to-euro-forecast-gbp-hits-fourth-straight-one-year-high/) - The Pound to Euro (GBP/EUR) exchange rate climbed to another one-year high on Thursday, marking a fourth consecutive session of gains as fading UK political uncertainty continued to support Sterling. At the time of writing, GBP/EUR was trading at €1.1724, having eased back from an earlier high of around €1.1736. Latest — Exchange Rates:Pound to
- [Pound Sterling, the Euro and 'Bad' Rate Hikes](https://thepoundhub.com/british-pound/pound-sterling-the-euro-and-bad-rate-hikes/) - Image © Pound Sterling LivePound Sterling's rate story is a bit of a win-win suggests new Bank of New York analysis.The British pound is outperforming; it's the second-best performer for the past month, and interest rates are certainly playing a significant part in helping.The UK's relative rate story is supportive, with higher yields relative to
- [Rupee rises 13 paise against US dollar: What's driving the move](https://thepoundhub.com/asian-currency/rupee-rises-13-paise-against-us-dollar-whats-driving-the-move/) - The Indian rupee opened 13 paise stronger against the US dollar on Friday (July 10), supported by softer crude oil prices and broad-based weakness in the US dollar.The domestic currency opened at 95.26 per US dollar, compared with Thursday's (July 9's) closing level of 95.39, gaining 13 paise in early trade. The rupee has traded
- [Australian Dollar edges higher to near 0.6950 on RBA hawkish rhetoric](https://thepoundhub.com/dollar/australian-dollar-edges-higher-to-near-0-6950-on-rba-hawkish-rhetoric/) - The AUD/USD pair attracts some buyers to near 0.6950 during the Asian trading hours on Friday. The Australian Dollar (AUD) strengthens against the US Dollar (USD) on hawkish rhetoric from the Reserve Bank of Australia (RBA).RBA Assistant Governor Sarah Hunter said on Wednesday that the board will act as needed to return inflation to its
- [British Pound gains traction above 1.3400 as markets bet on BoE rate hikes](https://thepoundhub.com/british-pound/british-pound-gains-traction-above-1-3400-as-markets-bet-on-boe-rate-hikes/) - The GBP/USD pair gathers strength to around 1.3430 during the Asian trading hours on Friday. The British Pound (GBP) edges higher against the US Dollar (USD) on the UK government leadership transition and growing expectations of further Bank of England (BoE) interest rate hikes.Andy Burnham’s path to becoming the next UK prime minister looks certain
- [Gold steadies near $4,140 as investors weigh Middle East conflict against rate hike fears](https://thepoundhub.com/currency/gold-steadies-near-4140-as-investors-weigh-middle-east-conflict-against-rate-hike-fears/) - Gold is doing something it’s not supposed to do during a geopolitical crisis: going sideways. Spot prices have been hovering around $4,140 per ounce in early July, a far cry from the $5,598 record set back in January 2026. That’s a 26% decline in roughly six months, which is the kind of drawdown that makes
- [Taiwan dollar hits 14-month low on greenback gains, dividends](https://thepoundhub.com/dollar/taiwan-dollar-hits-14-month-low-on-greenback-gains-dividends/) - The New Taiwan dollar fell to its weakest level since April last year, erasing gains from last year’s historic rally as US dollar strength and record dividend payouts weighed on sentiment.The local currency dropped as much as 0.6 percent before paring losses to close at NT$32.178 per US dollar in Taipei yesterday. The move wiped
- [British Pound Sterling stages a jailbreak while Westminster arranges a coronation](https://thepoundhub.com/british-pound/british-pound-sterling-stages-a-jailbreak-while-westminster-arranges-a-coronation/) - Cable adds roughly a tenth of a percent on Thursday, changing hands a whisker above 1.3400 and poking through the 200-day Exponential Moving Average (EMA) for the first time since mid-June. The setting makes the move notable: the United States traded overnight strikes with Iran for a second consecutive day, Crude Oil carries a war
- [Dollar to Naira Exchange Rate Today, July 9, 2026: Nigerian currency appreciates](https://thepoundhub.com/dollar/dollar-to-naira-exchange-rate-today-july-9-2026-nigerian-currency-appreciates/) - The Naira appreciated against the dollar at the official foreign exchange market on Thursday.The Central Bank of Nigeria’s data showed that the Naira slightly strengthened to N1,378.43 against the dollar on Thursday, up from N1,379.07 exchanged on Wednesday. This means that on a day-to-day basis, the Nigerian currency firmed up by N0.64. Meanwhile, at the
- [Digital Euro: Trilogue starts, many technical questions remain](https://thepoundhub.com/euro/digital-euro-trilogue-starts-many-technical-questions-remain/) - Digital Euro: Trilogue starts, many technical questions remain The European Parliament in Strasbourg gave its approval in a first reading on Thursday to the legislative package for the digital euro. The trilogue could start as early as next week, said parliamentary rapporteur Fernando Navarrete Rojas (EPP). At the same time, scientists from a project funded
- [Australian Dollar firms as US Dollar softens](https://thepoundhub.com/dollar/australian-dollar-firms-as-us-dollar-softens/) - AUD/USD trades higher near the 0.6940 area on Thursday, as the Australian Dollar (AUD) benefits from a softer US Dollar (USD), even after stronger-than-expected United States (US) jobless claims data showed that the labor market remains stable.US Initial Jobless Claims fell to 215K, below expectations of 218K and the previous 217K, suggesting that layoffs remain
- [Pattaya bars and businesses eye British return as pound nears 45 baht](https://thepoundhub.com/british-pound/pattaya-bars-and-businesses-eye-british-return-as-pound-nears-45-baht/) - PATTAYA, Thailand – British visitors may find Pattaya becoming a more attractive destination as the British pound moves closer to the 45-baht mark, giving travellers from the United Kingdom increased purchasing power during their stay. The exchange rate shift comes as Thailand continues to welcome international visitors, with currency movements playing an important role in
- [Pound To Canadian Dollar Price Forecast: GBP Holds Near 1.90 Before Key Labour Market Data](https://thepoundhub.com/british-pound/pound-to-canadian-dollar-price-forecast-gbp-holds-near-1-90-before-key-labour-market-data/) - The Pound to Canadian Dollar (GBP/CAD) exchange rate edged higher to 1.9015 on Friday as investors looked ahead to Canada's latest Employment Change and Unemployment Rate figures, with the labour market report expected to set the tone for the Canadian Dollar into next week. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.901572 (+0.07%)Euro to
- [Chinese Yuan: Forecast band tightened as stability holds against US Dollar – ING](https://thepoundhub.com/dollar/chinese-yuan-forecast-band-tightened-as-stability-holds-against-us-dollar-ing/) - ING's Chief Economist Lynn Song notes that the CNY has been one of the strongest performers in 2026, even against a firm Dollar backdrop. Song tightens its USD/CNY forecast band to 6.67–6.92 for the rest of the year, citing PBoC-driven currency stability, strong Chinese exports, a robust current account surplus and expectations of a narrowing
- [Pound To Dollar Price News, Forecast: GBP Breaks Above 1.34 Resistance](https://thepoundhub.com/british-pound/pound-to-dollar-price-news-forecast-gbp-breaks-above-1-34-resistance/) - The Pound to Dollar (GBP/USD) exchange rate traded around 1.3431 on Friday, extending its recovery to fresh one-year highs as Sterling continued to outperform while the US Dollar remained under pressure. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.343026 (+0.13%)Euro to Dollar (EUR/USD): 1.144055 (+0.07%)Dollar to Yen (USD/JPY): 161.53132 (-0.52%) DAILY RECAP: GBP/USD climbed for
- [Euro To Pound Forecast 2026–2028: July Survey Sees EUR/GBP Recovering From One-Year Lows](https://thepoundhub.com/british-pound/euro-to-pound-forecast-2026-2028-july-survey-sees-eur-gbp-recovering-from-one-year-lows/) - Exchange Rates UK Research's latest July 2026 survey of leading investment banks suggests the euro is likely to recover some ground against the pound over the next 18 months. With EUR/GBP currently trading near 0.8534—its lowest levels in around a year—the majority of institutions expect the pair to climb back into the 0.87-0.89 range through
- [Kenyan currency could be boosted by remittances](https://thepoundhub.com/currency/kenyan-currency-could-be-boosted-by-remittances/) - NAIROBI, July 9 (Reuters) – Kenya’s currency is expected to strengthen against the dollar in the next week to Thursday, those of Ghana and Uganda could fall, and Nigeria’s and Zambia’s should be little changed, traders said. Kenya’s shilling is forecast to gain ground, helped by dollar inflows from remittances. Commercial banks traded the shilling at 129.15/35 per
- [14 Dollar Store Buys That Are Just as Good as Their Pricier Versions](https://thepoundhub.com/dollar/14-dollar-store-buys-that-are-just-as-good-as-their-pricier-versions/) - If money is tight, or you're just looking for some ways to keep more cash in your wallet, your local dollar store is a great place to start.Dollar stores sometimes get a bad rap for having subpar products, but there are plenty of dollar store buys that go above and beyond when it comes to
- [GBP/USD under Fed pressure and rising geopolitical tensions - London Business News](https://thepoundhub.com/british-pound/gbp-usd-under-fed-pressure-and-rising-geopolitical-tensions-london-business-news/) - Global markets are entering a new phase of heightened caution and uncertainty, where the direction of major currencies is no longer driven solely by economic data but is increasingly influenced by geopolitical developments and shifting monetary policy expectations. In my view, the GBP/USD pair is at a pivotal point after sterling came under renewed selling
- [Rabobank Euro To Dollar Forecast: EUR/USD Recovery To Emerge Over 3–6 Months](https://thepoundhub.com/euro/rabobank-euro-to-dollar-forecast-eur-usd-recovery-to-emerge-over-3-6-months/) - The Euro to Dollar (EUR/USD) exchange rate has steadied near 1.1425 after recovering from June's lows, although Rabobank believes the single currency has lost much of the momentum that drove its rally earlier this year. The bank expects EUR/USD to trade broadly sideways over the next one to three months before regaining a modest upward
- [US Dollar Index: Fed hawks supported by energy spike – ING](https://thepoundhub.com/dollar/us-dollar-index-fed-hawks-supported-by-energy-spike-ing/) - ING’s Chris Turner notes that higher Oil prices and Gulf tensions have driven a bigger reaction in rates than in FX, with Brent near $80 supporting Fed hawks. The US Dollar (USD) is expected to stay firm versus low-yielders, while carry trades in Emerging Markets (EM) have been unwound. Turner sees US Dollar Index (DXY)
- [Why US-Iran frictions are not hurting the risk-sensitive Australian Dollar this time?](https://thepoundhub.com/dollar/why-us-iran-frictions-are-not-hurting-the-risk-sensitive-australian-dollar-this-time/) - The Australian Dollar (AUD) keeps trading sideways against the US Dollar (USD) on Thursday, showing a surprising resilience to the escalating tensions in Iran. The pair has been steady above 0.6900 in the face of the rising tensions in Iran, with bearish momentum fading, as investors remain hopeful that Washington and Tehran will return to
- [BMW and ZEEKR ace tougher Euro NCAP tests](https://thepoundhub.com/euro/bmw-and-zeekr-ace-tougher-euro-ncap-tests/) - Euro NCAP’s tougher 2026 safety regime has delivered a telling first result: BMW, one of Europe’s historic marques, and Zeekr, one of China’s most ambitious EV newcomers, have both secured five-star ratings. The BMW iX3 and Zeekr 7GT arrive from very different brand worlds, but their shared success under the new protocols shows how quickly the
- [US Dollar weakens despite escalating Middle East tensions as markets await US data](https://thepoundhub.com/dollar/us-dollar-weakens-despite-escalating-middle-east-tensions-as-markets-await-us-data/) - The US Dollar (USD) struggled to attract buyers early Thursday despite a fresh escalation in tensions in the Middle East.Investors shifted their focus toward upcoming US economic data releases and comments from central bank officials while monitoring developments in the region.The US economic calendar is scheduled to feature weekly Initial Jobless Claims and Existing Home
- [US Dollar Price Forecast: Dollar Reacts to FOMC Minutes on Policy Divergence — GBP/USD and EUR/USD Next Move?](https://thepoundhub.com/dollar/us-dollar-price-forecast-dollar-reacts-to-fomc-minutes-on-policy-divergence-gbp-usd-and-eur-usd-next-move/) - Currencies Assess FOMC Minutes Amid Policy Divergence The U.S. dollar, the euro, and the pound are showing signs, as at the 9th day of July, that markets have processed new information released today by the FOMC minutes, on monetary policy discussions of the Federal Reserve concerning inflation, unemployment, and policy setting. Core price pressures were
- [US Dollar: Supported by higher yields and FOMC stance – MUFG](https://thepoundhub.com/dollar/us-dollar-supported-by-higher-yields-and-fomc-stance-mufg/) - MUFG’s Lloyd Chan reports that June Federal Open Market Committee (FOMC) minutes show policymakers increasingly concerned that US inflation could stay elevated, with some seeing a case for a rate hike. Most participants indicated a restrictive stance may need to be maintained if inflation proves persistent.FOMC minutes and yield rebound"The minutes from the June FOMC
- [Pound Sterling Price News and Forecast: GBP/USD gains ground to around 1.3395](https://thepoundhub.com/british-pound/pound-sterling-price-news-and-forecast-gbp-usd-gains-ground-to-around-1-3395/) - British Pound strengthens to near 1.3400 as UK political risk fadesThe GBP/USD pair gathers strength near 1.3395 during the Asian trading hours on Thursday, bolstered by fading domestic political uncertainty. However, hawkish minutes from the Federal Reserve (Fed) and renewed tensions between the US and Iran might support the US Dollar (USD) and cap the
- [Rupee opens flat at 95.55 against US dollar](https://thepoundhub.com/asian-currency/rupee-opens-flat-at-95-55-against-us-dollar/) - The Indian rupee opened flat at 95.55 against the US dollar on Thursday, 9 July, as renewed hostilities between the US and Iran reignited concerns over a spike in crude oil prices.Brent crude, after surging more than 8% over the previous two sessions, climbed another 1% during Asian trading after the US military launched fresh
- [Canadian Dollar gains ground on surging Oil, rising BoC hike bets](https://thepoundhub.com/dollar/canadian-dollar-gains-ground-on-surging-oil-rising-boc-hike-bets/) - The USD/CAD pair loses ground to near 1.4165 during the Asian trading hours on Thursday. A rise in crude oil prices provides some support to the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD). Traders await the US weekly Initial Jobless Claims report later on Thursday.Axios reported that the US strikes hit a rail
- [Rupee plunges 59 paise as West Asia tensions rattle markets](https://thepoundhub.com/asian-currency/rupee-plunges-59-paise-as-west-asia-tensions-rattle-markets/) - Mumbai: The rupee slumped by 59 paise to close at 95.55 against the US dollar on Wednesday, recording one of its steepest single-day declines in recent months as escalating conflict in West Asia triggered a spike in crude oil prices, strengthened the US dollar and dampened investor sentiment. The sharp fall followed fresh US military
- [Australian Dollar steadies following Chinese CPI data](https://thepoundhub.com/dollar/australian-dollar-steadies-following-chinese-cpi-data/) - AUD/USD gains ground after remaining flat in the previous day, trading around 0.6930 during the Asian hours on Thursday. The currency pair maintains its position as the Australian Dollar (AUD) moves little following the Consumer Price Index (CPI) inflation data release from New Zealand’s close trading partner, China. Market attention will shift toward the US
- [Dollar Tree Offers $1 Summer Dinnerware to Brighten Your Table This Season](https://thepoundhub.com/dollar/dollar-tree-offers-1-summer-dinnerware-to-brighten-your-table-this-season/) - In summer, even regular weeknight dinners can feel like an occasion — especially with the right table setting. After all, enjoying a meal on the patio is one of those simple joys of the season people look forward to all year. And from backyard barbecues to breakfast out on a sun-filled porch, little details and
- [British Pound: Why Rabobank Thinks Sterling Could Weaken Again](https://thepoundhub.com/british-pound/british-pound-why-rabobank-thinks-sterling-could-weaken-again/) - Pound Sterling Forecast: Rabobank Says Political Risks Still Cloud Sterling Outlook The Pound Sterling has been one of this month's strongest-performing major currencies, but Rabobank believes investors may be underestimating the political and monetary-policy risks still facing Sterling. The Pound to Dollar exchange rate (GBP/USD) traded near 1.3392, up 1.1% so far in July, while
- [Euro steadies as Middle East strikes offsets Fed repricing](https://thepoundhub.com/euro/euro-steadies-as-middle-east-strikes-offsets-fed-repricing/) - The Euro holds firm against the US Dollar on Wednesday as hostilities in the Middle East continued, with the US attacking Iran for the second straight day at around the Strait of Hormuz. At the time of writing, the EUR/USD trades at 1.1420, after bouncing off daily lows of 1.1391.EUR/USD holds firm as Fed minutes,
- [Dollar Loses 0.20% to 1.4173 Canadian Dollars — Data Talk](https://thepoundhub.com/dollar/dollar-loses-0-20-to-1-4173-canadian-dollars-data-talk/) - Dollar/Canadian dollar: 1.4173 Canadian dollars per dollar (0.7056 dollar per Canadian dollar) --Today the dollar lost 0.20% vs. the Canadian dollar --Largest one-day percentage decline since Thursday, July 2, 2026 --Down for two straight sessions --Down 0.24% over the last two sessions --Largest two-day percentage decline since Friday, June 26, 2026 --Lowest five pm New
- [British Pound feeds on bad news as the Euro slides to a one-year low](https://thepoundhub.com/british-pound/british-pound-feeds-on-bad-news-as-the-euro-slides-to-a-one-year-low/) - The Euro's slide against the Pound has now consumed seven of the last eight trading sessions, and the reflex explanation of a soft single currency gets the attribution backwards. Sterling has done most of the work here: the Pound just closed out its best week in three months, printed a one-year high against the Euro,
- [US dollar strengthens amid rising US-Iran tensions and military actions](https://thepoundhub.com/dollar/us-dollar-strengthens-amid-rising-us-iran-tensions-and-military-actions/) - The US dollar has strengthened for two consecutive sessions amid heightened investor concerns over potential escalation in US-Iran tensions. Despite ongoing high-level negotiations and a fragile ceasefire following a June memorandum of understanding, markets appear to react to the perceived instability. Recent military actions, including US strikes on Iranian sites and retaliatory attacks, contribute to
- [British Pound holds firm as Hormuz shock lifts Oil, Dollar](https://thepoundhub.com/british-pound/british-pound-holds-firm-as-hormuz-shock-lifts-oil-dollar/) - The Pound Sterling (GBP) posts modest gains during the North American session on Wednesday amid growing tensions in the Middle East, as US President Donald Trump's said the deal with Iran was “over” after both countries exchanged attacks over the last couple of days. At the time of writing, the GBP/USD pair trades at 1.3371,
- [Australian Dollar remains pressured amid Trump comments](https://thepoundhub.com/dollar/australian-dollar-remains-pressured-amid-trump-comments/) - AUD/USD trades under pressure near 0.6920 on Wednesday, following the US Dollar (USD) holding firm amid geopolitical risk and caution ahead of the Federal Open Market Committee (FOMC) Minutes.The Australian Dollar (AUD) struggled to gain traction as investors moved toward the Greenback after United States (US) President Donald Trump said the interim memorandum of understanding
- [British Pound-to-Euro Forecast: GBP Outperforms as EUR Struggles for Momentum](https://thepoundhub.com/british-pound/british-pound-to-euro-forecast-gbp-outperforms-as-eur-struggles-for-momentum/) - Modified: Wednesday, 8 July 2026 16:01 BST - Written by Frank Davies STORY LINK British Pound-to-Euro Forecast: GBP Outperforms as EUR Struggles for Momentum The Pound to Euro exchange rate (GBP/EUR) climbed to a fresh 12-month high near 1.1720 as Sterling continued to benefit from subdued market volatility, easing political uncertainty and lingering pressure on
- [Pound Sterling to Dollar Forecast: GBP Hits 20-Day High as USD Rally Pauses](https://thepoundhub.com/british-pound/pound-sterling-to-dollar-forecast-gbp-hits-20-day-high-as-usd-rally-pauses/) - Modified: Wednesday, 8 July 2026 16:01 BST - Written by David Woodsmith STORY LINK Pound Sterling to Dollar Forecast: GBP Hits 20-Day High as USD Rally Pauses The Pound to Dollar exchange rate (GBP/USD) climbed to a 20-day high above 1.3400 as calm market conditions and subdued volatility encouraged demand for higher-yielding currencies. With the
- [Bond yields jump, rupee weakens as oil surges after Trump says Iran deal is over](https://thepoundhub.com/asian-currency/bond-yields-jump-rupee-weakens-as-oil-surges-after-trump-says-iran-deal-is-over/) - Mumbai: Indian government bond yields surged, and the rupee weakened sharply on Wednesday after US President Donald Trump declared that the memorandum of understanding with Iran was ‘over,’ reigniting fears of prolonged tension in West Asia and sending crude oil prices sharply higher.The yield on the 10-year benchmark government bond climbed about 7 basis points
- [Dollar around one-week high as Trump says Iran MOU 'over'](https://thepoundhub.com/dollar/dollar-around-one-week-high-as-trump-says-iran-mou-over/) - The dollar clung to its highest levels of the week against most of its peers at the start of trading in Asia on Wednesday as the U.S. renewed strikes on Iran, renewing geopolitical tensions and sending oil prices higher.Ironheart | Moment | Getty ImagesThe U.S. dollar was steady at around its highest level in roughly a week on
- [British Pound: Pound resilience faces political risks – Rabobank](https://thepoundhub.com/british-pound/british-pound-pound-resilience-faces-political-risks-rabobank/) - Rabobank's Senior FX Strategist Jane Foley highlights that the British Pound (GBP) has been a strong G10 performer this year, supported by sticky United Kingdom (UK) inflation, Bank of England (BoE) rate expectations and inbound M&A flows. However, Foley warns that excess economic capacity, high government debt and political uncertainty around Burnham’s incoming Labour government
- [Equirus Family Office flags water security, rupee strength, and FPI revival among key themes shaping India's investment outlook](https://thepoundhub.com/asian-currency/equirus-family-office-flags-water-security-rupee-strength-and-fpi-revival-among-key-themes-shaping-indias-investment-outlook/) - Water security, India's evolving income distribution, renewed foreign investor interest in financial stocks, a strengthening rupee and resilient macroeconomic fundamentals are among the key themes shaping the country's investment landscape, according to the latest edition of "What We See" (Volume 81 – July 2026), the monthly insights report by Equirus Family Office. The report provides
- [Top 10 strongest currencies in the world in 2026](https://thepoundhub.com/currency/top-10-strongest-currencies-in-the-world-in-2026/) - 2 min readJul 8, 2026 05:46 PM IST Top 10 strongest currencies in the world in 2026: The common assumption is usually that the US dollar stands as the absolute strongest global currency since it is the most heavily traded currency on the planet. However, you might want to re-examine that belief. Forbes recently published
- [Euro and Turkish lira top list of foreign currencies most in demand in Romania during summer holidays](https://thepoundhub.com/euro/euro-and-turkish-lira-top-list-of-foreign-currencies-most-in-demand-in-romania-during-summer-holidays/) - The most sought-after foreign currencies in Romania as the summer holiday season kicks up are the euro, the Turkish lira, and the Albanian lek, according to data from precious metal and forex dealer Tavex. There is also a smaller but stable demand for currencies linked to long-haul destinations, such as the Japanese yen, South Korean
- [Indian stocks and rupee slump after Trump scraps Iran truce](https://thepoundhub.com/asian-currency/indian-stocks-and-rupee-slump-after-trump-scraps-iran-truce/) - Indian markets came under pressure after President Donald Trump’s comments on Iran sent oil prices sharply higher. The benchmark stock index recorded its biggest decline in three months, while the rupee weakened despite intervention by the Reserve Bank of India. Speaking to reporters before a Nato summit and alongside Nato chief Mark Rutte, Trump said
- [British Pound: Sterling supported as yields retrace – MUFG](https://thepoundhub.com/british-pound/british-pound-sterling-supported-as-yields-retrace-mufg/) - MUFG’s Derek Halpenny highlights that implied volatility in GBP/USD has barely moved after Nigel Farage’s decision to resign and recontest his Clacton seat, calling the by‑election a sham with potential further votes if he is sanctioned. He stresses that GBP volatility is more tied to incoming PM Andy Burnham’s economic stance, with lower 10‑year Gilt
- [Multi-million pound centre upgrade promises regional economic boost](https://thepoundhub.com/british-pound/multi-million-pound-centre-upgrade-promises-regional-economic-boost/) - X Register for free to receive latest news stories direct to your inbox Register A multi-million pound investment in Harrogate Convention Centre has started as part of a wide-ranging package of improvements to ensure the venue can fulfil its potential and boost the local economy. Delegates attending events at the convention centre contribute to the
- [Rupee slumps to one-month low as oil soars after Trump says Iran deal is 'over'](https://thepoundhub.com/asian-currency/rupee-slumps-to-one-month-low-as-oil-soars-after-trump-says-iran-deal-is-over/) - The Indian rupee dropped to its weakest level in nearly ​a month on Wednesday after U.S. President Donald Trump said the ‌interim accord with Iran to end the war was "over," ​sending oil prices soaring and hurting Asian currencies.Traders ⁠said the Reserve Bank of India had likely intervened in the foreign exchange market to limit
- [US dollar hits one-week high as Iran strikes boost safe-haven demand](https://thepoundhub.com/dollar/us-dollar-hits-one-week-high-as-iran-strikes-boost-safe-haven-demand/) - The US dollar held near its strongest level of the week against most major currencies during early Asian trading on Wednesday after renewed US strikes on Iran reignited geopolitical tensions and pushed oil prices higher.The dollar index, which tracks the greenback against a basket of six major currencies, rose to 101.18.Meanwhile, the New Zealand dollar
- [Euro rises against Japanese Yen as latter underperforms across the board](https://thepoundhub.com/euro/euro-rises-against-japanese-yen-as-latter-underperforms-across-the-board/) - The Euro (EUR) trades 0.1% higher to near 185.20 against the Japanese Yen (JPY) during the European trading session on Wednesday. The cross gains as the Japanese Yen (JPY) underperforms its peers despite clarification from Japan’s Growth Strategy Minister Minoru Kiuichi that the government is not prompting a low-interest rate environment. Japanese Yen Price Today
- [GBP/USD Price Forecast: Sustenance above 20-day EMA backs further upside above 1.3400](https://thepoundhub.com/british-pound/gbp-usd-price-forecast-sustenance-above-20-day-ema-backs-further-upside-above-1-3400/) - The GBP/USD pair trades almost flat at around 1.3355 during the European trading session on Wednesday. The Cable consolidates as investors await the Federal Open Market Committee (FOMC) minutes of the June policy meeting, which will be published at 18:00 GMT.At press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six
- [Pound Sterling Price News and Forecast: GBP/USD softens to around 1.3355 during Asian session](https://thepoundhub.com/british-pound/pound-sterling-price-news-and-forecast-gbp-usd-softens-to-around-1-3355-during-asian-session/) - British Pound declines to near 1.3350 as US launches strikes on IranThe GBP/USD pair loses traction to near 1.3355 during the Asian trading hours on Wednesday. The US Dollar (USD) edges higher against the British Pound (GBP) amid renewed geopolitical tensions after the US renewed strikes on Iran. The Federal Reserve’s (Fed) June meeting minutes
- [Pound To Dollar Price Forecast: GBP Retreats Vs USD As Risk Aversion Sets In](https://thepoundhub.com/dollar/pound-to-dollar-price-forecast-gbp-retreats-vs-usd-as-risk-aversion-sets-in/) - The Pound to Dollar (GBP/USD) exchange rate retreated on Tuesday after touching a near three-week high overnight, as renewed geopolitical tensions boosted demand for the safe-haven US Dollar. At the time of writing, GBP/USD was trading at $1.3371, down from an overnight high of $1.3398. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.335798 (+0.10%)Euro to
- [Pound-to-Euro Forecast: GBP Brushes Fresh One-Year High](https://thepoundhub.com/british-pound/pound-to-euro-forecast-gbp-brushes-fresh-one-year-high/) - The Pound to Euro (GBP/EUR) exchange rate briefly climbed to a fresh one-year high on Tuesday before easing back, with Sterling continuing to benefit from fading UK political uncertainty. At the time of writing, GBP/EUR was trading at €1.1704, having touched an earlier peak of €1.1715. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.170428 (-0.02%)Pound
- [Business News: Stock and Share Market News, Economy and Finance News, Sensex, Nifty, Global Market, NSE, BSE Live IPO News](https://thepoundhub.com/asian-currency/business-news-stock-and-share-market-news-economy-and-finance-news-sensex-nifty-global-market-nse-bse-live-ipo-news/) - Live: Sensex crashes 1,700 points, Nifty below 23,900; VIX jumps sharply | Closing Bell Indian equity markets ended the session with heavy losses as escalating geopolitical tensions and a sharp spike in global risk aversion triggered broad-based selling across sectors. The Sensex plunged nearly 1,700 points, while the Nifty slipped below the 23,900 mark, marking
- [Indian Rupee surges nearly 50 paise against dollar amid Saudi oil price cut reports, ETEnergyworld](https://thepoundhub.com/asian-currency/indian-rupee-surges-nearly-50-paise-against-dollar-amid-saudi-oil-price-cut-reports-etenergyworld/) - Mumbai: The Indian rupee logged its best day in nearly a month, climbing nearly 50 paise against the dollar Tuesday, amid reports that Saudi Arabia would reduce crude oil prices for Asian buyers as shipments fully resume through the Hormuz Strait, traders said.“The rupee traded stronger after reports said that Saudi Arabia cut its August
- [Why is the Canadian Dollar falling despite higher oil prices?](https://thepoundhub.com/dollar/why-is-the-canadian-dollar-falling-despite-higher-oil-prices/) - USD/CAD inches higher after registering minor losses in the previous day, trading around 1.4200 during the Asian hours on Wednesday. Traders are closely watching Wednesday's release of the Federal Reserve Meeting Minutes, the first under newly appointed Chairman Kevin Warsh, for crucial clues regarding the future path of US interest rates.The USD/CAD pair advances as
- [Euro struggles above 1.1400 vs USD as Iran tensions support USD](https://thepoundhub.com/euro/euro-struggles-above-1-1400-vs-usd-as-iran-tensions-support-usd/) - The EUR/USD pair defends the 1.1400 mark during the Asian session on Wednesday, though it struggles to attract any meaningful buyers on the back of renewed US-Iran hostilities. Traders also seem hesitant and opt to wait for FOMC Minutes for more cues about the Federal Reserve's (Fed) policy path before placing fresh directional bets.The US
- [Japanese Yen edges higher as intervention fears return](https://thepoundhub.com/asian-currency/japanese-yen-edges-higher-as-intervention-fears-return/) - The USD/JPY pair trades with mild losses near 162.35 during the early Asian session on Wednesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) as traders continue to watch for signs of possible intervention by Japanese authorities to support the currency. The Federal Reserve’s (Fed) June meeting minutes will be released later on Wednesday.Expectations
- [Australian Dollar drops as Hormuz strikes spark US Dollar rush](https://thepoundhub.com/dollar/australian-dollar-drops-as-hormuz-strikes-spark-us-dollar-rush/) - The Australian Dollar retreats to two-day lows during the week, down 0.39%, as the US Dollar surges amid rising tensions in the Middle East. At the time of writing, the AUD/USD trades at 0.6928, having reached a daily high of 0.6961.AUD/USD falls as Middle East tensions revive safe-haven Dollar demandTensions around the Strait of Hormuz
- [Euro watches its best arguments sink in the Strait of Hormuz](https://thepoundhub.com/euro/euro-watches-its-best-arguments-sink-in-the-strait-of-hormuz/) - The Euro spent Tuesday assembling the sort of case that should buy a currency a bid: hawkish-leaning remarks from an unlikely corner of the European Central Bank (ECB), a softening American payrolls proxy, and a Federal Reserve (Fed) regional president content to say nothing new. The market read the file, shrugged, and sold the single
- [GBP/JPY Price Forecast: Struggles at 217.00, recoils towards 216.50](https://thepoundhub.com/british-pound/gbp-jpy-price-forecast-struggles-at-217-00-recoils-towards-216-50/) - The GBP/JPY reverses course on Tuesday, loses 0.24% as the Japanese Yen recovered some ground against most G8 FX currencies, except for the US Dollar. At the time of writing, the cross-pair trades at 216.51 after reaching a multi-year high of 217.22.GBP/JPY Price Forecast: Technical outlookThe bullish bias remains intact as the GBP/JPY printed a
- [British Pound Sterling Runs Out of American Bad News After Nine Straight Days](https://thepoundhub.com/british-pound/british-pound-sterling-runs-out-of-american-bad-news-after-nine-straight-days/) - The Pound's nine-session march against the Dollar ended on Tuesday, and it took exactly one geopolitical headline to finish it. Cable opened near 1.3392, poked above the 1.3400 handle in early European trade, and then spent the balance of the session giving ground to settle around 1.3356, down 0.27% and back below a daily moving-average
- [Euro Forecast 2026: Goldman Sachs Lowers EUR Targets To 1.12 As USD Weakness Fades](https://thepoundhub.com/euro/euro-forecast-2026-goldman-sachs-lowers-eur-targets-to-1-12-as-usd-weakness-fades/) - Goldman Sachs has cut its Euro to Dollar exchange rate forecasts, warning that the earlier case for sustained EUR/USD upside has weakened. The bank now sees EUR/USD at 1.14 in three months, before falling to 1.12 on both a six- and twelve-month view. That marks a clear downgrade from the previous profile, which had looked
- [New Zealand Dollar weakens amid firm US Dollar, RBNZ eyed](https://thepoundhub.com/dollar/new-zealand-dollar-weakens-amid-firm-us-dollar-rbnz-eyed/) - NZD/USD trades around 0.5685 at the time of writing on Tuesday, down 0.26% on the day. The pair remains under pressure as the US Dollar (USD) attracts renewed demand following fresh geopolitical tensions in the Middle East, while investors await the Reserve Bank of New Zealand's (RBNZ) monetary policy decision.According to Bloomberg, citing a US
- [British Pound slips as Hormuz attacks revive USD demand](https://thepoundhub.com/british-pound/british-pound-slips-as-hormuz-attacks-revive-usd-demand/) - The Pound Sterling (GBP) retreats against the US Dollar (USD) on Tuesday as tensions in the Middle East rise, following reports of attacks on two ships in the Strait of Hormuz. The GBP/USD pair trades at 1.3373, down 0.11%.GBP/USD falls as Oil spike lifts Fed hike worriesThe Greenback remains steady after the Islamic Revolutionary Guard
- [Euro: Upside bias against US Dollar as ECB repriced – Scotiabank](https://thepoundhub.com/euro/euro-upside-bias-against-us-dollar-as-ecb-repriced-scotiabank/) - Scotiabank strategists Shaun Osborne and Eric Theoret report the Euro (EUR) is slightly softer versus the US Dollar (USD) but supported by a sharp recovery in yield spreads and stronger German industrial production. Renewed hawkishness from European Central Bank (ECB) policymakers is lifting Euro area rate expectations. They see near-term upside for EUR/USD, with technicals
- [Australian Dollar falls amid cautious Fedspeak](https://thepoundhub.com/dollar/australian-dollar-falls-amid-cautious-fedspeak/) - AUD/USD declines toward 0.6940 as the Australian Dollar (AUD) loses momentum, while the US Dollar (USD) remains supported by cautious remarks from the Federal Reserve (Fed) and lingering uncertainty over inflation.The latest United States (US) labor data showed that the ADP Employment Change 4-week average eased to 21K from 24.25K, pointing to a softer pace
- [Rupee posts biggest single-day gain in 3 weeks - Market News](https://thepoundhub.com/asian-currency/rupee-posts-biggest-single-day-gain-in-3-weeks-market-news/) - The Indian rupee strengthened on Wednesday, retracing to levels above 95 after weaker demand from oil importers and dollar selling in the non-deliverable forward (NDF) market, said currency dealers. The domestic currency settled at 94.97 per dollar, gaining 43 paise from its previous close, posting its biggest single-day rise in three weeks. “There has been
- [British Pound: Capped by layered resistance against US Dollar – Scotiabank](https://thepoundhub.com/dollar/british-pound-capped-by-layered-resistance-against-us-dollar-scotiabank/) - Scotiabank strategists Shaun Osborne and Eric Theoret note the British Pound (GBP) is slightly softer against the US Dollar (USD) after encountering resistance near 1.3400, with limited fresh data and Bank of England (BoE) news. The RSI recovery suggests improving momentum, but multiple resistance levels between 1.3420 and 1.3520 constrain upside. They look for GBP/USD
- [Weekly rupee view: Rupee enters another consolidation phase](https://thepoundhub.com/asian-currency/weekly-rupee-view-rupee-enters-another-consolidation-phase/) - Analysts expect the currency to trade in the 94.20–95.40 range, with further weakness possible if the dollar strengthens. The rupee weakened over the past week, declining about 30 paise, or 0.32 per cent, to close at 94.97 against the dollar on Tuesday. The fall comes despite supportive factors, such as foreign inflows and lower crude
- [GBP/EUR Rises to 52-Week Highs And Here's Why the Pound Still Has More Headroom](https://thepoundhub.com/british-pound/gbp-eur-rises-to-52-week-highs-and-heres-why-the-pound-still-has-more-headroom/) - Summary:The GBP/EUR pair surged to a 52-week high of 1.171, gaining 1.3% over the month and over 2% year-to-date A restrictive 5.25% UK interest rate, sticky domestic service inflation, and political stability are driving the pound's strong outperformance Forecasts diverge on further gains, and investors should watch the BoE's July 30 decision and ECB's September meeting as
- [British Pound to Euro Forecast: Short Covering Continues to Support GBP](https://thepoundhub.com/british-pound/british-pound-to-euro-forecast-short-covering-continues-to-support-gbp/) - Modified: Tuesday, 7 July 2026 12:21 BST - Written by David Woodsmith STORY LINK British Pound to Euro Forecast: Short Covering Continues to Support GBP The Pound to Euro exchange rate (GBP/EUR) remained close to 12-month highs around 1.1680 as Sterling continued to benefit from improving market sentiment and the unwinding of long-held bearish positions.
- [Pound Sterling to Dollar Outlook: GBP Consolidates After Payrolls Rally](https://thepoundhub.com/british-pound/pound-sterling-to-dollar-outlook-gbp-consolidates-after-payrolls-rally/) - Modified: Tuesday, 7 July 2026 12:21 BST - Written by Frank Davies STORY LINK Pound Sterling to Dollar Outlook: GBP Consolidates After Payrolls Rally The Pound to Dollar exchange rate (GBP/USD) remained close to two-week highs around 1.3340 as investors continued to reassess the outlook for the US Dollar following last week's disappointing labour market
- [Euro currency speculators sharply reduce net longs | Capital Market News](https://thepoundhub.com/euro/euro-currency-speculators-sharply-reduce-net-longs-capital-market-news/) - Last Updated : Jul 07 2026 | 4:50 PM IST Large currency speculators sharply reduced net long positions in the Euro futures market, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled
- [Euro: Upside bias held above strong support against US Dollar – UOB](https://thepoundhub.com/euro/euro-upside-bias-held-above-strong-support-against-us-dollar-uob/) - United Overseas Bank’s (UOB) Quek Ser Leang reports EUR/USD holding near 1.1440 with a firmer underlying tone. The pair is expected to trade slightly higher in a 1.1425–1.1470 range intraday. Over the next 1–3 weeks, the bias remains tilted to the upside as long as Euro stays above strong support at 1.1390, with resistance at
- [Technical analysis of the S&P 500 as it continues to rise while EUR/GBP and the price of silver slide.](https://thepoundhub.com/british-pound/technical-analysis-of-the-sp-500-as-it-continues-to-rise-while-eur-gbp-and-the-price-of-silver-slide/) - Macro update Samsung posts record profit growth but shares tumble: Samsung Electronics forecast a 19-fold increase in second-quarter operating profit to 89.4 trillion won, exceeding market expectations, but its shares fell by as much as 10% as investors questioned the sustainability of the AI-driven semiconductor boom, erasing more than $100 billion from its market capitalisation.
- [RBI's Bold Strategy Could Support The Indian Rupee: Citi USD/INR Forecast](https://thepoundhub.com/asian-currency/rbis-bold-strategy-could-support-the-indian-rupee-citi-usd-inr-forecast/) - The Indian Rupee has remained under pressure this year, with the USD/INR exchange rate trading close to 95.30 despite recent signs of stabilisation. Citi believes decisive action by the Reserve Bank of India should provide near-term support for the Rupee, although it expects the currency to weaken again over the medium term. The bank has
- [India's Pharma Export Strength Grows As Global Demand, Weaker Rupee Boost Competitiveness](https://thepoundhub.com/asian-currency/indias-pharma-export-strength-grows-as-global-demand-weaker-rupee-boost-competitiveness/) - India is widely recognised as the "pharmacy of the world", with its medicines reaching more than 200 countries. It is also one of the world's largest producers of generic medicines and vaccines.According to NITI Aayog's Trade Watch, global demand for pharmaceuticals and active pharmaceutical ingredients (APIs) is estimated at around USD 1.3 trillion in 2025,
- [Australian Dollar: Upside risks grow toward 0.6980 against US Dollar – UOB](https://thepoundhub.com/dollar/australian-dollar-upside-risks-grow-toward-0-6980-against-us-dollar-uob/) - United Overseas Bank’s (UOB) Quek Ser Leang notes AUD/USD rebounded strongly from 0.6923 to 0.6959, with rapidly increasing upward momentum. The bank now sees upside risks toward 0.6970–0.6980 intraday, with supports at 0.6945 and 0.6935. Over the next 1–3 weeks, the risk of a break above 0.6980 is rising while AUD holds above strong support
- [Japanese Yen ticks up above 162.00 US Dollar and eases intervention risks](https://thepoundhub.com/asian-currency/japanese-yen-ticks-up-above-162-00-us-dollar-and-eases-intervention-risks/) - The Japanese Yen (JPY) posts minor gains amid a somewhat softer US Dollar (USD) on Tuesday. The USD/JPY pair has pulled back to session lows just below 162.00 from Monday's highs in the 162.40 area, easing concerns about an immediate intervention by the Japanese authorities.The US Dollar Index (DXY), which measures the value of the
- [GBP/USD Price Forecast: Stability above 20-day EMA backs further upside](https://thepoundhub.com/british-pound/gbp-usd-price-forecast-stability-above-20-day-ema-backs-further-upside/) - The British Pound (GBP) ticks lower to near 1.3380 against the US Dollar (USD) during the European trading session on Tuesday. The GBP/USD pair edges down as the US Dollar gains slightly; however, the Cable is broadly upbeat.At press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades
- [Euro languishes at one-year lows against the British Pound despite positive German data](https://thepoundhub.com/british-pound/euro-languishes-at-one-year-lows-against-the-british-pound-despite-positive-german-data/) - The Euro (EUR) has failed to draw support from the upbeat German industrial figures released earlier on Tuesday and consolidates losses at one-year lows against the British Pound (GBP). The EUR/GBP pair trades at 0.8540, its lowest price since July last year, after falling from levels above 0.8600 last week.Data released by the German statistics
- [Pound-to-Euro Forecast: GBP Rises As Political Concerns Continue To Fade](https://thepoundhub.com/euro/pound-to-euro-forecast-gbp-rises-as-political-concerns-continue-to-fade/) - The Pound to Euro (GBP/EUR) exchange rate edged higher on Monday as fading UK political uncertainty outweighed a stronger-than-expected rebound in German factory orders. At the time of writing, GBP/EUR was trading at €1.1686, up marginally on the day. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.169756 (+0.20%)Pound to Dollar (GBP/USD): 1.335768 (+0.05%)Euro to Dollar
- [Rupee rises 15 paise to 95.28 against US dollar in early trade](https://thepoundhub.com/asian-currency/rupee-rises-15-paise-to-95-28-against-us-dollar-in-early-trade/) - The rupee appreciated 15 paise to 95.28 against the US dollar in early trade on Tuesday on improved market sentiment after reports that Saudi Arabia has slashed August crude oil prices for Asia amid easing of geopolitical tensions in the Middle East.Forex traders said lower Middle East risk premium and higher traffic from the Strait
- [Australia, NZ dollars position for uncertain RBNZ outcome](https://thepoundhub.com/dollar/australia-nz-dollars-position-for-uncertain-rbnz-outcome/) - SYDNEY: The Australian dollar was trying to extend its recent slow-motion rally on Tuesday, supported by flows out of the yen, while the New Zealand dollar remained hostage to a looming decision on interest rates at home.The Aussie held at $0.6953, having edged up 0.2% overnight in its third straight session of modest gains. Support
- [British Pound gains as easing Fed hike bets weigh on US Dollar](https://thepoundhub.com/british-pound/british-pound-gains-as-easing-fed-hike-bets-weigh-on-us-dollar/) - GBP/USD continues its winning streak for the ninth consecutive day, trading around 1.3390 during the Asian hours on Tuesday. The currency pair rises as the US Dollar (USD) faces headwinds as market participants scale back expectations for Federal Reserve (Fed) rate hikes this month and in September. This shift in sentiment followed a cooling employment
- [Euro holds range above 1.1400 as Hormuz risks support USD](https://thepoundhub.com/euro/euro-holds-range-above-1-1400-as-hormuz-risks-support-usd/) - The EUR/USD pair extends its sideways consolidative price move during the Asian session on Tuesday, though it manages to hold comfortably above the 1.1400 mark. Moreover, spot prices remain well within striking distance of a nearly two-week high, touched last Thursday.A 60-day US-Iran ceasefire is under strain amid rising tensions in the critical Strait of
- [Will the US Dollar Rally Continue?](https://thepoundhub.com/dollar/will-the-us-dollar-rally-continue/) - Key TakeawaysThe rally so far in 2026 marks a recovery from the US dollar’s sharp declines in 2025, as investors now expect interest rate rises from the Fed.Analysts argue that the “de-dollarization” trend may be overstated, with the reserve status of the US dollar likely to remain intact.US dollar dynamics against the euro, British pound,
- [USD INR exchange rate | Rupee at 3-week low: US dollar strength and NDF demand pressure Indian currency](https://thepoundhub.com/asian-currency/usd-inr-exchange-rate-rupee-at-3-week-low-us-dollar-strength-and-ndf-demand-pressure-indian-currency/) - The rupee weakened to a three-week low on Monday as broad-based strength in the US dollar outweighed support from softer crude oil prices and positive domestic market sentiment, while dollar demand linked to maturing non-deliverable forward (NDF) contracts added to pressure on the local currency. The rupee settled at 95.43 against the US dollar in
- [GBP/JPY Price Forecast: Rallies and hits 18-year highs above 217.00](https://thepoundhub.com/british-pound/gbp-jpy-price-forecast-rallies-and-hits-18-year-highs-above-217-00/) - The British Pound rallies to an 18-year high against the Japanese Yen, registering solid gains of over 0.77% as the GBP/JPY clears the previous year-to-date (YTD) high of 216.60 as the cross-pair clears the 217.00 figure for the first time since January 2008. At the time of writing, the GBP/JPY trades at 217.11.GBP/JPY Price Forecast:
- [Singapore Dollar: Range trade persists against US Dollar – UOB](https://thepoundhub.com/dollar/singapore-dollar-range-trade-persists-against-us-dollar-uob/) - United Overseas Bank’s (UOB) Quek Ser Leang notes USD/SGD has seen downward momentum slow after last week’s sharp drop, with the pair expected to stay between 1.2900 and 1.2935 intraday. On a 1–3 week horizon, UOB maintains a neutral stance, projecting consolidation within 1.2890–1.2990. Longer term, strong weekly momentum still favours further USD/SGD strength toward
- [Australian Dollar rises as softer Fed bets offset resilient US data](https://thepoundhub.com/dollar/australian-dollar-rises-as-softer-fed-bets-offset-resilient-us-data/) - The Australian Dollar (AUD) extends its rally into a third straight trading session, up 0.25% on Monday, as investors adjust their interest rate expectations for the Federal Reserve (Fed) following a soft US jobs report last week. Consequently, the US Dollar (USD) weakened, driving AUD/USD higher to trade at 0.6950 after bouncing off daily lows
- [Traders turn most positive on US dollar since 2015, and crypto should pay attention](https://thepoundhub.com/dollar/traders-turn-most-positive-on-us-dollar-since-2015-and-crypto-should-pay-attention/) - Speculative traders have piled into the US dollar at a pace not seen in over a decade. Net long positions reached $27.8 billion as of June 9, marking the highest level since February 2025 and capping 13 consecutive weeks of bullish dollar bets according to CFTC data. What’s driving the dollar surge The catalyst is
- [Euro-to-Pound News, Forecast: Why EUR/GBP Has Finally Broken Below 0.86](https://thepoundhub.com/british-pound/euro-to-pound-news-forecast-why-eur-gbp-has-finally-broken-below-0-86/) - The Pound Sterling strengthened against the euro as EUR/GBP broke below the 0.86 level, with investors scaling back expectations for further European Central Bank rate hikes following the sharp fall in oil prices and improving inflation outlook. Latest — Exchange Rates:Euro to Pound (EUR/GBP): 0.854586 (-0.23%)Pound to Dollar (GBP/USD): 1.337238 (+0.16%)Euro to Dollar (EUR/USD): 1.142785
- [British Pound holds range as USD strength meets Fed doubts](https://thepoundhub.com/british-pound/british-pound-holds-range-as-usd-strength-meets-fed-doubts/) - The Pound Sterling (GBP) steadies during the North American session on Monday as the week begins in a risk-off mood, evidenced by overall US Dollar (USD) strength in the FX markets, despite soft jobs data last week that trimmed hawkish Federal Reserve (Fed) bets for the rest of the year. At the time of writing,
- [Australian Dollar trades sideways after softer Australian inflation](https://thepoundhub.com/dollar/australian-dollar-trades-sideways-after-softer-australian-inflation/) - AUD/USD trades with a cautious tone, sideways near the 0.6930 level on Monday after Australian inflation data showed further easing price pressures, while mixed United States (US) services figures kept the US Dollar (USD) broadly supported but without strong momentum.Australia’s TD-MI Inflation Gauge slowed to 3.9% YoY in June, down from the previous 4.4%, suggesting
- [Euro To Dollar Forecast 2026: HSBC Warns Euro Could Fall Towards 1.1050](https://thepoundhub.com/euro/euro-to-dollar-forecast-2026-hsbc-warns-euro-could-fall-towards-1-1050/) - The Euro to Dollar (EUR/USD) exchange rate is trading around 1.1420 after surrendering some of last week's gains as investors reassessed the outlook for US interest rates. HSBC believes the recent pullback in the US Dollar is justified following softer US labour market data, but argues the broader outlook still favours the Greenback. The bank
- [Canadian Dollar dips as firm US Dollar outweighs support from Oil](https://thepoundhub.com/dollar/canadian-dollar-dips-as-firm-us-dollar-outweighs-support-from-oil/) - USD/CAD extends its advance for a second consecutive day and trades around 1.4230 at the time of writing on Monday, up 0.20% on the day. Despite higher Oil prices, which would normally support the commodity-linked Canadian Dollar (CAD), the Loonie remains under pressure against the US Dollar (USD) as investors continue to favor the Greenback.Shipping
- [British Pound Slips Near Rs. 370, Euro At 317 Against PKR](https://thepoundhub.com/british-pound/british-pound-slips-near-rs-370-euro-at-317-against-pkr/) - The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 191st consecutive day on Monday. The PKR closed at 278.11 after gaining one paisa against the US Dollar today. The rupee has consistently reported gains against the dollar since December 25, 2025. Other Currencies PKR was stable against both the UAE
- [GBP/USD outlook: Recovery faces strong headwinds on approach to key 1.3400 resistance zone](https://thepoundhub.com/british-pound/gbp-usd-outlook-recovery-faces-strong-headwinds-on-approach-to-key-1-3400-resistance-zone/) - GBP/USDCable moves within a narrow-range sideways mode for the second consecutive day, after 1% advance last week that completed reversal pattern on weekly chart (after the downleg from 1.3869 was contained by ascending trendline, drawn off 1.0348, 2022 low) and generated positive signal on close above weekly Ichimoku cloud top (1.3335).On the other side, the
- [Why the Indian rupee isn't recovering despite oil cooling off](https://thepoundhub.com/asian-currency/why-the-indian-rupee-isnt-recovering-despite-oil-cooling-off/) - The surge in oil prices during the West Asia conflict pushed the Indian rupee to historic lows, but the subsequent fall in crude has yet to revive the currency. Here's why.Reversing some of the recent gains, the Indian rupee slipped below 95.38 against the US dollar today, a decline of around 0.2%, despite Brent Crude
- [GBP/USD: Dollar Slips on Weak Jobs, Sterling's Winning Streak Likely to Continue](https://thepoundhub.com/british-pound/gbp-usd-dollar-slips-on-weak-jobs-sterlings-winning-streak-likely-to-continue/) - Summary:The GBP/USD pair logged a seven-session win streak to trade near $1.3380, rebounding from recent year-to-date lows near $1.3200 The surge was fueled by a cooling U.S. labor market, a hawkish Bank of England, and increased UK political stability While July seasonality historically favors the pound with a 0.4% gain, strong resistance sits tightly between $1.3375 and
- [Rupee falls 20 paise to 95.38 against US dollar as greenback strengthens](https://thepoundhub.com/asian-currency/rupee-falls-20-paise-to-95-38-against-us-dollar-as-greenback-strengthens/) - The Indian rupee depreciated by 20 paise to close at 95.38 against the US dollar on Monday as a stronger greenback pressured emerging market currencies. The rupee depreciated 20 paise to close at 95.38 (provisional) against the US dollar on Monday, as a strengthening greenback weighed on emerging market currencies.At the interbank foreign exchange market,
- [Technical analysis of the FTSE 100 as it trades in 3-month highs while the GBP/USD rally loses momentum and US natural gas futures remain sidelined.](https://thepoundhub.com/british-pound/technical-analysis-of-the-ftse-100-as-it-trades-in-3-month-highs-while-the-gbp-usd-rally-loses-momentum-and-us-natural-gas-futures-remain-sidelined/) - Macro update Asian equities trade cautiously ahead of key AI earnings: Investors adopted a more defensive stance before a crucial technology earnings season, with South Korea's KOSPI falling 0.8%, Japan's Nikkei declining 0.4% and MSCI's Asia-Pacific index excluding Japan easing 0.2%. Oil prices remain near four-month lows: Brent crude slipped 0.2% to $71.95 a barrel,
- [Rupee hits three-week low as firmer dollar, NDF maturities pinch](https://thepoundhub.com/asian-currency/rupee-hits-three-week-low-as-firmer-dollar-ndf-maturities-pinch/) - The Indian rupee slipped to a three-week low on ​Monday as a broadly upbeat dollar pinched Asian currencies, with ‌maturing contracts in the non-deliverable forward also adding ​to the pressure on the local unit.The ⁠rupee closed at 95.3950 per dollar, down 0.2 per cent on the day. It had touched an intraday low of 95.4750,
- [Euro remains depressed against British Pound despite positive Eurozone data](https://thepoundhub.com/british-pound/euro-remains-depressed-against-british-pound-despite-positive-eurozone-data/) - The Euro (EUR) remains depressed near one-year lows against the British Pound (GBP) on Monday, hitting session lows below 0.8560 after pulling back from Friday’s highs at 0.8575. A string of rather positive Eurozone figures has failed to provide any significant support, while the Pound remains moderately bid despite weak UK construction figures.Eurozone Retail Sales
- [British Pound: Sterling strength on positioning and flows – Societe Generale](https://thepoundhub.com/british-pound/british-pound-sterling-strength-on-positioning-and-flows-societe-generale/) - Societe Generale notes that Sterling has been the strongest G10 currency since the Makerfield by-election, helped by a still-sizeable but reduced speculative short base. The bank highlights further room for gains, especially on EUR/GBP and GBP/JPY crosses, supported by M&A flows in GBP/USD and a recent upgrade of UK assets to overweight by a US
- [Rosenberg Research: Three reasons why the Canadian dollar will plummet to nearly 60 cents by the end of next year](https://thepoundhub.com/dollar/rosenberg-research-three-reasons-why-the-canadian-dollar-will-plummet-to-nearly-60-cents-by-the-end-of-next-year/) - The Canadian dollar will remain the pressure-relief valve for secular productivity challenges, trade-related uncertainty, and the prospect that the Bank of Canada will be compelled to cut rates before year-end as the Fed either remains on hold or succumbs to market pressure to tighten policy. As this plays out at the two countries’ central banks,
- [Australian Dollar drifts away from highs amid cooler inflation, weak employment data](https://thepoundhub.com/dollar/australian-dollar-drifts-away-from-highs-amid-cooler-inflation-weak-employment-data/) - The Australian Dollar (AUD) is trading moderately lower against the US Dollar (USD) on Monday, as cooler Australian inflation figures have eased pressure on the Reserve Bank of Australia (RBA) to hike interest rates further. The AUD/USD pair retreated to the 0.6920 area, from the two-week highs around 0.6050 reached on Friday, with the three-month
- [Pound-to-Euro Week Ahead Forecast: Will GBP Hold One-Year High?](https://thepoundhub.com/british-pound/pound-to-euro-week-ahead-forecast-will-gbp-hold-one-year-high/) - The Pound to Euro (GBP/EUR) exchange rate climbed to a one-year high last week as fading UK political uncertainty and a repricing of European Central Bank interest rate expectations propelled Sterling higher. At the time of writing, GBP/EUR was trading at €1.1663, up 1.1% on the week after touching a high of €1.1696. Latest —
- [British Pound rallies as carry trade and fiscal woes hit JPY](https://thepoundhub.com/british-pound/british-pound-rallies-as-carry-trade-and-fiscal-woes-hit-jpy/) - The GBP/JPY cross gains strong follow-through positive traction for the second successive day and rallies to mid-216.00s during the early European session on Monday, back closer to a multi-year peak set in late April.Despite the recent Bank of Japan (BoJ) rate hike to 1%, or the highest since 1995, borrowing costs in Japan remain significantly
- [Australian Dollar: Downside bias within broader neutral band against US Dollar – UOB](https://thepoundhub.com/dollar/australian-dollar-downside-bias-within-broader-neutral-band-against-us-dollar-uob/) - United Overseas Bank’s (UOB) Quek Ser Leang reports AUD/USD has stalled after last week’s sharp rise, with a tentative build-up in downside momentum pointing to a limited dip toward 0.6910 intraday. For the next 1–3 weeks, the bank stays neutral, expecting consolidation between 0.6870 and 0.6980. On a 1–3 month horizon, AUD/USD remains negative, with
- [Pound-to-Euro Forecast Update: Sterling Holds Near €1.17 As Eurozone Data Improves](https://thepoundhub.com/british-pound/pound-to-euro-forecast-update-sterling-holds-near-e1-17-as-eurozone-data-improves/) - Update: The Pound-to-Euro exchange rate (GBP/EUR) held close to last week’s highs on Monday, with Pound Sterling still supported near the €1.1670 area. The Euro found some limited support after German factory orders rose 1.9% in May, beating expectations, although broader momentum remains uneven and the pair continues to trade mainly on UK political risk
- [Pound To Dollar Week Ahead Forecast: GBP Surges As Weak US Payrolls Hits USD](https://thepoundhub.com/british-pound/pound-to-dollar-week-ahead-forecast-gbp-surges-as-weak-us-payrolls-hits-usd/) - The Pound to Dollar (GBP/USD) exchange rate rallied to a two-week high last week as a disappointing US jobs report prompted investors to scale back Federal Reserve rate hike expectations, sending the US Dollar sharply lower. At the time of writing, GBP/USD was trading around $1.3369, up approximately 1.3% on the week. Latest — Exchange
- [Euro consolidates below mid-1.1400s as Hormuz risks support USD](https://thepoundhub.com/euro/euro-consolidates-below-mid-1-1400s-as-hormuz-risks-support-usd/) - The EUR/USD pair kicks off the new week on a subdued note and oscillates in a narrow band below mid-1.1400s during the Asian session. Spot prices, however, remain within striking distance of a nearly two-week high, touched last Thursday, amid mixed fundamental cues.Despite a fragile US-Iran interim agreement, tensions surrounding the Strait of Hormuz remain
- [Stargate UK: 20 billion pound investment was nothing more than a PR stunt](https://thepoundhub.com/british-pound/stargate-uk-20-billion-pound-investment-was-nothing-more-than-a-pr-stunt/) - The prestigious data center project “Stargate UK” is coming under further pressure. As the British daily newspaper The Guardian reports, OpenAI representatives apparently never visited one of the central sites intended for the construction of the planned AI infrastructure. Even though the British government had already advertised a potential investment volume of up to 20
- [FX Week Ahead Outlook: Pound Sterling Near 2026 Highs Against Euro As ECB Accounts Loom](https://thepoundhub.com/british-pound/fx-week-ahead-outlook-pound-sterling-near-2026-highs-against-euro-as-ecb-accounts-loom/) - Pound Sterling will start the new week with the wind at its back against the US Dollar, but the next move depends less on UK politics and more on whether last week’s US jobs disappointment turns into a broader rethink of Federal Reserve policy. The US Dollar suffered its biggest weekly drop since April after
- [Emerging-market traders shift to euro and Australian dollar as US dollar strengthens](https://thepoundhub.com/dollar/emerging-market-traders-shift-to-euro-and-australian-dollar-as-us-dollar-strengthens/) - The US dollar is flexing again, and emerging-market traders are doing what they always do when the greenback gets expensive: they’re looking for cheaper ways to borrow. Traders operating in developing-country currencies are increasingly turning to euros and Australian dollars as funding currencies for their positions, a shift driven by the USD’s climb to its
- [Pound Sterling to Dollar Forecast: Fed Rate Hike Bets Fade After Payrolls Shock](https://thepoundhub.com/british-pound/pound-sterling-to-dollar-forecast-fed-rate-hike-bets-fade-after-payrolls-shock/) - Modified: Saturday, 4 July 2026 16:06 BST - Written by Frank Davies STORY LINK Pound Sterling to Dollar Forecast: Fed Rate Hike Bets Fade After Payrolls Shock The Pound to Dollar exchange rate (GBP/USD) surged to two-week highs above 1.3380 after a much weaker-than-expected US jobs report prompted investors to sharply scale back expectations of
- [European Central Bank reports incident affecting T2 payment processing, delaying trillions in euro settlements](https://thepoundhub.com/euro/european-central-bank-reports-incident-affecting-t2-payment-processing-delaying-trillions-in-euro-settlements/) - The European Central Bank disclosed an incident affecting the Eurosystem’s T2 real-time gross settlement system on July 6, disrupting the start of the settlement window for euro and Danish Krone transactions. As of 02:40 CET, the system shifted into a non-optional maintenance mode, meaning participants can submit payment instructions but those instructions sit in a
- [US dollar rates face new drop in Baghdad and Erbil at market close](https://thepoundhub.com/dollar/us-dollar-rates-face-new-drop-in-baghdad-and-erbil-at-market-close/) - Baghdad (IraqiNews.com) – The United States dollar experienced a fresh wave of depreciation against the Iraqi dinar across the parallel exchange markets of Baghdad and Erbil during evening trading on Saturday, July 4, 2026. This downward correction occurred simultaneously with the closing of the regional financial bourses, extending a multi-day strengthening streak for the national
- [Rupee Gains 26 Paise To 94.90/$, Falling Crude And Bond Inflows Support Early Forex Trade](https://thepoundhub.com/asian-currency/rupee-gains-26-paise-to-94-90-falling-crude-and-bond-inflows-support-early-forex-trade/) - The rupee strengthened by 26 paise to 94.90 against the US dollar in early Thursday trade. | Mumbai: The Indian rupee opened stronger on Thursday and gained 26 paise against the US dollar in early trade. At the interbank foreign exchange market, the rupee opened at 94.95 and later touched 94.90 per US dollar.This marked
- [Chinese Yuan Forecast 2026: HSBC Says Structural Forces Still Support RMB](https://thepoundhub.com/china-currency/chinese-yuan-forecast-2026-hsbc-says-structural-forces-still-support-rmb/) - The Chinese Yuan has remained resilient against the US Dollar, with USD/CNY exchange rate holding close to 6.79 despite the Greenback's recent recovery. HSBC believes the pace of Yuan appreciation may slow in the near term, but argues that the broader trend remains supported by long-term structural factors. The bank notes that while the People's
- [Is Dollar General Open on the Fourth of July? Here's What to Know](https://thepoundhub.com/dollar/is-dollar-general-open-on-the-fourth-of-july-heres-what-to-know/) - When you're hosting a Fourth of July cookout, it's almost inevitable that you'll forget something.Maybe it's the ketchup for the burgers. Maybe it's marshmallows for the s'mores. Maybe you volunteered to bring a dish to pass and just realized you're out of shredded cheese. Or maybe the kids suddenly remember they wanted sparklers five minutes
- [11 Best Dollar General Summer Finds You Can Score Today](https://thepoundhub.com/dollar/11-best-dollar-general-summer-finds-you-can-score-today/) - Shop the best Dollar General summer finds today, from cork sandals to a soba pool float. The product recommendations in this post are recommendations by the writer and/or expert(s) interviewed and do not contain affiliate links. Meaning: If you use these links to buy something, we will not earn a commission. Right now, Dollar General
- [12 Summer Dollar Tree Finds Over $1.25 That Are Worth It (And What to Skip)](https://thepoundhub.com/dollar/12-summer-dollar-tree-finds-over-1-25-that-are-worth-it-and-what-to-skip/) - Once known as a literal dollar store, Dollar Tree has seemingly abandoned the $1 pricing strategy. While shoppers were quick to accept the quarter increase to $1.25, the discount retailer didn't stop there. The newer "dollar plus" system means you could pay $3, $5, or more. Even though Dollar Tree's prices have increased, we still
- [Canadian dollar forecasts cut amid CUSMA uncertainty](https://thepoundhub.com/dollar/canadian-dollar-forecasts-cut-amid-cusma-uncertainty/) - TORONTO -- Canada’s dollar will strengthen less than previously expected over the coming year as uncertain negotiations to revise the Canada-United States-Mexico Agreement (CUSMA) weigh on the domestic economy, reducing the prospects of interest rate hikes from the Bank of Canada, a Reuters poll showed.The median forecast of 39 foreign exchange analysts in a June
- [British pound extends weekly rally as Fed Rate expectations ease](https://thepoundhub.com/british-pound/british-pound-extends-weekly-rally-as-fed-rate-expectations-ease/) - The British pound was on track to record its biggest weekly gain against the US dollar in 12 weeks on Friday.The currency was supported by easing domestic political concerns and weaker-than-expected US labour market data, which weighed on the dollar.Sterling rose 0.1% to $1.3357 during the session.The move brought its weekly gain to 1.2%, marking
- [Australian Dollar capitalizes on risk-on mood, improving hawkish RBA bets](https://thepoundhub.com/dollar/australian-dollar-capitalizes-on-risk-on-mood-improving-hawkish-rba-bets/) - The Australian Dollar (AUD) is up against its major currency pairs, trading 0.23% higher to near 0.6940 against the US Dollar (USD) during the European trading session on Friday. The Aussie pair gains as a slight decline in hawkish Federal Reserve (Fed) prospects has lifted market sentiment. Australian Dollar Price Today The table below shows
- [Rupee falls on-week as merchant, NDF-linked flows blunt dollar retreat](https://thepoundhub.com/asian-currency/rupee-falls-on-week-as-merchant-ndf-linked-flows-blunt-dollar-retreat/) - The Indian rupee closed modestly higher on Friday ​but logged a weekly fall as dollar demand related to ‌merchant flows, arbitrage trades and maturities in the ​non-deliverable forward market outweighed comfort from a broadly ⁠weaker U.S. dollar.The rupee declined nearly 1% on the week to close at 95.21 per dollar, slipping past the ‌95 per
- [FX Daily Briefing: Pound Sterling Advances As Dollar Suffers Biggest Weekly Drop Since April](https://thepoundhub.com/british-pound/fx-daily-briefing-pound-sterling-advances-as-dollar-suffers-biggest-weekly-drop-since-april/) - Pound Sterling heads into the final trading day of the week close to three-month highs against the US Dollar after disappointing US jobs data triggered a broad sell-off in the greenback. With US markets closed for Independence Day, trading conditions are expected to be quieter, although thin liquidity could amplify any unexpected moves. Attention is
- [Danish krone hits all-time lows against euro, raising central bank speculation](https://thepoundhub.com/euro/danish-krone-hits-all-time-lows-against-euro-raising-central-bank-speculation/) - The Danish krone has weakened to all-time lows against the euro, with the EUR/DKK exchange rate pushing above 7.474. The European Central Bank’s reference rate as of July 2 pegged the exchange at EUR 1 = DKK 7.4747. Why a fraction of a percent is a big deal Since 1999, the krone has been pegged
- [USD/CAD Price Forecast: Further correction to 20-day EMA might create buying opportunity](https://thepoundhub.com/dollar/usd-cad-price-forecast-further-correction-to-20-day-ema-might-create-buying-opportunity/) - The USD/CAD pair reflects a subdued performance near 1.4175 during the European trading session on Friday. The Loonie pair edges lower as the US Dollar (USD) faces selling pressure due to easing hawkish Federal Reserve (Fed) prospects.In the European trade, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades
- [US Dollar Index: Jobs setback limits downside – ING](https://thepoundhub.com/dollar/us-dollar-index-jobs-setback-limits-downside-ing/) - ING’s Francesco Pesole notes that softer US jobs data has weakened the Dollar but does not expect this alone to extend USD losses. He argues the report curbs hopes for two Federal Reserve hikes but is not weak enough for a major dovish repricing. ING expects DXY to stabilise in a 100.0-101.5 range in coming
- [British Pound: Lower Mortgage Rates Could Support Growth](https://thepoundhub.com/british-pound/british-pound-lower-mortgage-rates-could-support-growth/) - The British Pound Sterling was little changed against the Euro and US Dollar on Friday after fresh Bank of England credit data suggested lending conditions are improving, reinforcing the view that the UK economy continues to prove more resilient than many had feared. The Pound to Dollar exchange rate (GBP/USD) traded near 1.3366, up 0.2%
- [Pound wobbles as Starmer resigns, US dollar strengthened by hawkish Fed repricing « Euro Weekly News](https://thepoundhub.com/british-pound/pound-wobbles-as-starmer-resigns-us-dollar-strengthened-by-hawkish-fed-repricing-euro-weekly-news/) - Euro EUR/GBP: Unchanged at £0.86 EUR/USD: Down from $1.16 to $1.13 The euro initially got off to a robust start in June, with the single currency being underpinned by the European Central Bank’s (ECB) interest rate hike. However, the single currency struggled to sustain this support amid renewed USD demand and subsequent comments from ECB
- [Japanese Yen steadies as intervention risks rise, Fed hike bets ease](https://thepoundhub.com/asian-currency/japanese-yen-steadies-as-intervention-risks-rise-fed-hike-bets-ease/) - USD/JPY holds its position after experiencing volatility, trading around 161.10 during the Asian hours on Friday. The pair may depreciate as the Japanese Yen (JPY) could strengthen on rising speculation that Japanese officials are preparing another round of currency intervention.Japan’s Finance Minister Satsuki Katayama reiterated readiness to intervene anytime, noting close forex coordination with the
- [Pound To Australian Dollar Price News, Forecast: GBP Near 14-Week High](https://thepoundhub.com/british-pound/pound-to-australian-dollar-price-news-forecast-gbp-near-14-week-high/) - The Pound to Australian Dollar (GBP/AUD) exchange rate climbed to its strongest level in almost 14 weeks on Thursday as easing UK political uncertainty and weak Australian trade data combined to lift Sterling. At the time of writing, GBP/AUD was trading at AU$1.9335, up around 0.4% on the day. Latest — Exchange Rates:Pound to Australian
- [Canadian Dollar looks to extend recovery on soft USD, Oil uptick](https://thepoundhub.com/dollar/canadian-dollar-looks-to-extend-recovery-on-soft-usd-oil-uptick/) - The USD/CAD pair struggles to capitalize on the previous day's modest bounce from a nearly two-week low and turns lower for the second straight day following a modest Asian session uptick to the 1.4200 neighborhood. Spot prices remain close to the overnight swing low, around mid-1.1400s, and seem poised to register losses for the first
- [Pound To Dollar Price Forecast: GBP Surges After US Payrolls Miss Expectations](https://thepoundhub.com/british-pound/pound-to-dollar-price-forecast-gbp-surges-after-us-payrolls-miss-expectations/) - The Pound to Dollar (GBP/USD) exchange rate surged to a two-week high on Thursday after a weaker-than-expected US non-farm payrolls report triggered heavy selling pressure in the US Dollar. At the time of writing, GBP/USD was trading around $1.3377, up roughly 0.7% on the day. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.337009 (+0.24%)Euro to
- [GBP/USD Price Forecast: Gathers strength above 1.3350, but stays capped below 100-day average](https://thepoundhub.com/british-pound/gbp-usd-price-forecast-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 (GBP) gathers strength against the US Dollar (USD) on a weaker-than-expected US Nonfarm Payrolls (NFP) report.Signs of a cooling US labor market have prompted financial markets to dial back expectations for a near-term interest rate hike
- [Rupee up 18 paise at 95.21; Sensex rises 480 points, Nifty tops 24,300 | Business News](https://thepoundhub.com/asian-currency/rupee-up-18-paise-at-95-21-sensex-rises-480-points-nifty-tops-24300-business-news/) - 2 min readNew DelhiUpdated: Jul 3, 2026 09:24 AM IST Indian markets opened on a firm note on Friday, supported by a stronger rupee and improved global sentiment after weaker-than-expected US jobs data reduced expectations of aggressive interest rate hikes by the US Federal Reserve. The rupee opened 18 paise higher at 95.21 against the
- [Japanese Yen extends gains against USD as intervention risks grow](https://thepoundhub.com/dollar/japanese-yen-extends-gains-against-usd-as-intervention-risks-grow/) - The USD/JPY pair attracts fresh sellers following a modest Asian session uptick to the 161.50 region and turns lower for the second straight day on Friday. Spot prices currently trade around the 161.00 mark and seem poised to extend the corrective fall from the highest level since 1986, touched on Wednesday.As investors digest June's softer
- [British Pound strengthens to near 1.3350 as cooling US labor market weighs US Dollar](https://thepoundhub.com/british-pound/british-pound-strengthens-to-near-1-3350-as-cooling-us-labor-market-weighs-us-dollar/) - The GBP/USD pair trades with mild gains near 1.3350 during the early Asian trading hours on Friday. The US Dollar (USD) edges lower against the British Pound (GBP) on a weaker-than-expected US Nonfarm Payrolls (NFP) report. The US markets will be closed on Friday in observance of Independence Day. The US NFP rose by 57,000 in
- [Euro softens below 1.1450 as softer Eurozone inflation trims ECB hike bets](https://thepoundhub.com/euro/euro-softens-below-1-1450-as-softer-eurozone-inflation-trims-ecb-hike-bets/) - The EUR/USD pair declines to around 1.1420 during the early Asian session on Thursday, pressured by a soft Eurozone inflation outlook. The US Dollar (USD) strengthens against the Euro (EUR) despite disappointing US June labor data. European Central Bank (ECB) President Christine Lagarde is scheduled to speak later on Friday.Eurozone headline CPI cooled more than
- [Why The Dollar's Decline Is Reshaping Global Portfolio Construction](https://thepoundhub.com/dollar/why-the-dollars-decline-is-reshaping-global-portfolio-construction/) - A Structural Shift, Not A Cyclical DipThe dollar's retreat in 2026 is not the kind of short-term fluctuation that investment committees typically treat as noise. Goldman Sachs Research expects the dollar to continue weakening throughout the year as demand for US assets diminishes at the margin — a forecast grounded in concerns about fiscal trajectory,
- [Australian Dollar Forecast: Will AUD/USD Break $0.68? The Fed and China Data in Focus](https://thepoundhub.com/dollar/australian-dollar-forecast-will-aud-usd-break-0-68-the-fed-and-china-data-in-focus/) - China Economic Calendar 140724 Commodities, Exports, and the Aussie Economy The deteriorating Chinese economy signals softer demand for key Aussie exports such as coal and iron, painting a gloomy outlook for Australia’s economy. Notably, Chinese factories have started reselling commodities at lower prices, particularly affecting iron ore prices. As one of Australia’s main exports, lower
- [Geopolitical Events Create Turbulence For Southeast Asian Currencies](https://thepoundhub.com/asian-currency/geopolitical-events-create-turbulence-for-southeast-asian-currencies/) - By Russell Beattie When military action disrupted the Strait of Hormuz earlier this year, the price of Dubai Crude Oil – the key benchmark for Southeast Asia – more than doubled in three weeks, surging from around US$60 per barrel to a peak of US$137.82. While the price has come down as of mid-June, the
- [British Pound loses ground against Naira, tightens grip on US Dollar](https://thepoundhub.com/british-pound/british-pound-loses-ground-against-naira-tightens-grip-on-us-dollar/) - The Nigerian naira gained against the British Pound both on the official Nigerian Foreign Exchange Market (NFEM) and the parallel market against the backdrop of a sustained intervention. The British pound exchanged at roughly N1,825//£1 (based on cross rates using CBN FX data and international currency markets) as the market opened this morning, an increase
- [Euro hits nine-day high after softer-than-expected US NFP](https://thepoundhub.com/euro/euro-hits-nine-day-high-after-softer-than-expected-us-nfp/) - The Euro (EUR) gains against the US Dollar (USD) on Thursday after weaker-than-expected US Nonfarm Payrolls (NFP) data reduced expectations of an imminent Federal Reserve (Fed) rate hike.At the time of writing, EUR/USD trades around 1.1444, hitting a nine-day high and up about 0.60% on the day.Data released by the US Bureau of Labor Statistics
- [Swiss Franc gains as disappointing US Nonfarm Payrolls pressure the US Dollar](https://thepoundhub.com/dollar/swiss-franc-gains-as-disappointing-us-nonfarm-payrolls-pressure-the-us-dollar/) - USD/CHF weakens sharply on Thursday as the US Dollar (USD) comes under broad selling pressure following a weaker-than-expected US Nonfarm Payrolls (NFP) report. At the time of writing, the pair is trading around 0.8029, its lowest level since June 18, down nearly 0.80% on the day.Data released by the US Bureau of Labor Statistics (BLS)
- [British Pound Rs. 3.3 Up Against PKR, US Dollar Still Down](https://thepoundhub.com/british-pound/british-pound-rs-3-3-up-against-pkr-us-dollar-still-down/) - The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 189th consecutive day on Thursday. The PKR closed at 278.15 after gaining one paisa against the US Dollar today. The rupee has consistently reported gains against the dollar since December 25, 2025. Other Currencies PKR was stable against the UAE Dirham
- [Rupee falls 18 paise to close at 95.34 against U.S. dollar](https://thepoundhub.com/asian-currency/rupee-falls-18-paise-to-close-at-95-34-against-u-s-dollar/) - This image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee pared initial gains and settled for the day on a negative note, lower by 18 paise at 95.34 (provisional) against the U.S. dollar on Thursday (July 2, 2026), as the support from easing crude oil prices was negated by robust
- ['King USD' Still Reigns: Credit Agricole](https://thepoundhub.com/dollar/king-usd-still-reigns-credit-agricole/) - The US Dollar has regained momentum in recent weeks, supported by resilient economic data, rising Treasury yields and continued demand for US assets. Credit Agricole believes "King USD" remains firmly in control for now, although the bank expects some of the Dollar's recent advantages to fade over the medium term. The bank argues that the
- [Euro: Labor resilience and ECB split shape outlook – BNY](https://thepoundhub.com/euro/euro-labor-resilience-and-ecb-split-shape-outlook-bny/) - BNY's Geoff Yu highlights that Sintra offered limited clarity on Euro area growth, but an emerging split within the European Central Bank (ECB) over further tightening points to easier financial conditions. He notes resilient Euro labor markets and improving inflation, with today’s U.S. non-farm payrolls seen as crucial for determining whether this labor-driven narrative and
- [Dollar slides after soft jobs report, yen surges](https://thepoundhub.com/dollar/dollar-slides-after-soft-jobs-report-yen-surges/) - The yen steadied Tuesday after suspected intervention by Tokyo last week, while the U.S. dollar firmed on safe-haven demand amid the Middle East war.Matias Baglietto | Nurphoto | Getty ImagesThe dollar fell sharply on Thursday after the closely watched June employment ​report showed U.S. employers added far fewer ​jobs than expected, while the Japanese ​yen surged as traders
- [Indian Rupee trades in narrow range as RBI likely intervenes to support currency, ETEnergyworld](https://thepoundhub.com/asian-currency/indian-rupee-trades-in-narrow-range-as-rbi-likely-intervenes-to-support-currency-etenergyworld/) - The Indian rupee was stuck in a narrow range after opening higher on Thursday, with the central bank likely stepping in to shore up the currency that had slipped to a near three-week low in the previous session.Four traders Reuters spoke to cited dollar sales from state-run banks ‌before the ⁠open ⁠as an indication of
- [British Pound: Sterling gains strength against Euro – Societe Generale](https://thepoundhub.com/british-pound/british-pound-sterling-gains-strength-against-euro-societe-generale/) - Societe Generale strategists highlight that EUR/GBP has completed a Head and Shoulders pattern and broken below its neckline around 0.8610, now seen as initial resistance. They note that GBP/USD outperformance versus EUR/USD has already pushed EUR/GBP below this level, with analysts pointing to next downside objectives at 0.8535/0.8520 and potentially 0.8475 if selling persists.Head and
- [Australian Dollar licks its wounds around 0.6900 awaiting US Nonfarm Payrolls data](https://thepoundhub.com/dollar/australian-dollar-licks-its-wounds-around-0-6900-awaiting-us-nonfarm-payrolls-data/) - The Australian Dollar (AUD) remains practically flat against the US Dollar (USD) on Thursday, consolidating losses after having depreciated nearly 4% in June. The AUD/USD pair is trading within a broadly 65-pip range, with downside attempts contained at 0.6865 and bulls limited below 0.6930 so far.Australian data released on Thursday failed to support the pair,
- [Euro tumbles against Japanese Yen on suspected Japan’s intervention](https://thepoundhub.com/euro/euro-tumbles-against-japanese-yen-on-suspected-japans-intervention/) - The Euro (EUR) is down almost 0.5% to near 184.00 against the Japanese Yen (JPY) during the European trading session on Thursday. The EUR/JPY pair slumps as the Japanese Yen (JPY) delivers a sudden strong upside move, which appears to be the outcome of Japan’s intervention. However, there has been no official confirmation yet. Japanese
- [Why Pound-Euro Will Fall Over Next Three Months: Rabobank](https://thepoundhub.com/british-pound/why-pound-euro-will-fall-over-next-three-months-rabobank/) - The British Pound is forecast to surrender some of its recent gains against the euro over the coming months as political uncertainty and shifting Bank of England interest rate expectations weigh on Sterling, according to Rabobank. The Dutch bank believes the change in UK political leadership has removed the immediate risk of a prolonged leadership
- [England 1-2 Spain: Euro 2024 final heartbreak for England as late Spain goal secures fourth European Championship](https://thepoundhub.com/euro/england-1-2-spain-euro-2024-final-heartbreak-for-england-as-late-spain-goal-secures-fourth-european-championship/) - Skipper Kane earned a share of the Euro 2024 Golden Boot by scoring three goals, but in every other respect the tournament was a major disappointment for England's captain.Kane has looked short of fitness and match sharpness, a shadow of the world-class striker who has delivered so often in the past and become England's record
- [Why is the British Pound outperforming its peers this week?](https://thepoundhub.com/british-pound/why-is-the-british-pound-outperforming-its-peers-this-week/) - The British Pound (GBP) trades higher against its major currency peers, rising 0.1% to near 1.3290 against the US Dollar (USD) during the European trading session on Thursday. The Pound Sterling has been outperforming its peers the entire week amid firm hopes that the ongoing United Kingdom (UK) fiscal principles will continue despite the leadership
- [Pound-to-Canadian Dollar News, Forecast: GBP/CAD Flat Amid USMCA Risks](https://thepoundhub.com/dollar/pound-to-canadian-dollar-news-forecast-gbp-cad-flat-amid-usmca-risks/) - The Pound to Canadian Dollar (GBP/CAD) exchange rate traded in a narrow range on Wednesday as uncertainty surrounding USMCA trade negotiations kept the Canadian Dollar subdued while Sterling awaited comments from Bank of England Governor Andrew Bailey. At the time of writing, GBP/CAD was trading at CA$1.8827, little changed on the day. Latest — Exchange
- [Pound To Rupee FX Forecast: Is GBP To INR Going To Increase This Week?](https://thepoundhub.com/british-pound/pound-to-rupee-fx-forecast-is-gbp-to-inr-going-to-increase-this-week/) - The Pound to Rupee (GBP/INR) exchange rate traded around 126.62 on Thursday, holding close to one-week highs after Sterling rebounded sharply at the start of July while the Indian Rupee struggled to build on June's recovery. Latest — Exchange Rates:Pound to Rupee (GBP/INR): 126.6190 (-0.08%)Previous Close: 126.7200 (+1.03%)Month-to-Date: +1.03%Year-to-Date: +2.78% DAILY RECAP: GBP/INR remained well
- [Pound-to-Euro Forecast: GBP Hits One-Year Best As Eurozone Inflation Cools](https://thepoundhub.com/british-pound/pound-to-euro-forecast-gbp-hits-one-year-best-as-eurozone-inflation-cools/) - The Pound to Euro (GBP/EUR) exchange rate climbed to its highest level in a year on Wednesday after softer-than-expected Eurozone inflation prompted investors to scale back expectations for further European Central Bank policy tightening. At the time of writing, GBP/EUR was trading at €1.1627, up around 0.2% on the day after touching a one-year high
- [The Japanese yen is at a 40-year low. Here’s why that matters](https://thepoundhub.com/asian-currency/the-japanese-yen-is-at-a-40-year-low-heres-why-that-matters/) - The Japanese yen has dropped to a 40-year low against the US dollar, putting investors on watch for potential government intervention by Japan that could ripple through US stocks, the Treasury market and the broader global economy. The yen’s decline to its lowest level since 1986 has been fueled by a recent shift in expectations
- [Rupee rises 26 paise to 94.90 against US dollar in early trade](https://thepoundhub.com/asian-currency/rupee-rises-26-paise-to-94-90-against-us-dollar-in-early-trade/) - Pabari further said that despite positive FII inflows and lower crude oil prices the rupee weakened sharply. If the rupee cannot strengthen on good news, any negative development could easily push USDINR towards the 95.80–96.00 zone. "For now, the bias remains on the upside, while 94.80 is likely to act as an important support level,"
- [Pound Sterling claws off the floor and finds a ceiling](https://thepoundhub.com/british-pound/pound-sterling-claws-off-the-floor-and-finds-a-ceiling/) - Pound Sterling has spent the past week fighting for every pip, and the effort is starting to show its limits. After bottoming near 1.3150 in late June, GBP/USD has clawed back toward the 1.3300 area, only to run into a ceiling formed by its 50-day and 200-day Exponential Moving Averages (EMA), now stacked one atop
- [The Australian Dollar bides its time between Beijing and Washington](https://thepoundhub.com/dollar/the-australian-dollar-bides-its-time-between-beijing-and-washington/) - The Australian Dollar has spent the past two weeks doing very little, and that stillness is the whole story. After a steep slide from the 0.7200 area in mid-June, AUD/USD has settled onto its 200-day Exponential Moving Average (EMA) near 0.6900 and stopped there, coiling into a range so tight it reads less like a
- [Pound Sterling Price News and Forecast: GBP/USD climbs on soft US data despite Warsh’s hawkish tilt](https://thepoundhub.com/british-pound/pound-sterling-price-news-and-forecast-gbp-usd-climbs-on-soft-us-data-despite-warshs-hawkish-tilt/) - British Pound climbs on soft US data despite Warsh’s hawkish tiltThe Pound Sterling (GBP) registers a 0.14% gain on Wednesday amid broad US Dollar (USD) strength and comments by the Federal Reserve (Fed) Chair Kevin Warsh, who reiterated that the central bank would not provide forward guidance, despite accepting that inflation remains too high. At
- [Australian Dollar as stronger US Dollar offsets cautious Aussie outlook](https://thepoundhub.com/dollar/australian-dollar-as-stronger-us-dollar-offsets-cautious-aussie-outlook/) - AUD/USD fell to 0.6900 on Wednesday and is now trading cautiously as investors digest mixed United States (US) economic data. The latest ISM Manufacturing Purchasing Managers Index (PMI) showing factory activity remained in expansion, while ADP private payrolls pointed to a softer pace of hiring.The US ISM Manufacturing PMI eased to 53.3 in June from
- [German police raid national football HQ over Euro 2024 corruption allegations | Football](https://thepoundhub.com/euro/german-police-raid-national-football-hq-over-euro-2024-corruption-allegations-football/) - Police in Germany have raided the national football federation headquarters and other sites across the country as part of an investigation into alleged corruption involving “unauthorised favours” linked to the 2024 European Championship. The case focuses on accusations that employees of cities in Germany, which hosted the tournament, were improperly invited to matches or given
- [British Pound: Inflation risk keeps rates curve elevated – ING](https://thepoundhub.com/british-pound/british-pound-inflation-risk-keeps-rates-curve-elevated-ing/) - ING strategists Michiel Tukker and Padhraic Garvey highlight that Sterling markets remain highly sensitive to UK inflation risks, especially around near-term fiscal spending plans. They argue that any sizeable immediate spending could lift British Pound (GBP) rates more than out‑year commitments, as markets still focus on the inflation outlook and Bank of England (BoE) policy
- [Rupee Back at 95: Logs Worst Single-Day Fall in Three Weeks Against Dollar - Economy News](https://thepoundhub.com/asian-currency/rupee-back-at-95-logs-worst-single-day-fall-in-three-weeks-against-dollar-economy-news/) - It’s been a significantly weak session for the rupee today, clocking its worst fall in nearly three weeks. The Indian currency chartered back into the 95 zone against the dollar. The domestic currency closed Wednesday’s session at 95.24 per dollar mark, down 0.6% weighed by a rebound in dollar index and rise in US treasury yields.
- [Indian Rupee: Supported by BoP and RBI stance – DBS](https://thepoundhub.com/asian-currency/indian-rupee-supported-by-bop-and-rbi-stance-dbs/) - DBS economist Radhika Rao reports that USD/INR has eased towards the mid-94 handle as India’s balance of payments (BoP) improves and commodity prices fall. Near term, the Indian Rupee (INR) could benefit further from BoP-accretive flows, though Reserve Bank of India’s (RBI) forward book moderation and a firm US Dollar (USD) limit downside. Over time,
- [Pound Sterling Forecast: JP Morgan Remains Positive On GBP Near-Term Outlook](https://thepoundhub.com/british-pound/pound-sterling-forecast-jp-morgan-remains-positive-on-gbp-near-term-outlook/) - The Pound Sterling is forecast to remain resilient despite growing political and fiscal uncertainty in the UK, according to fresh market commentary from JP Morgan. The bank believes investors may be underestimating Pound Sterling's ability to hold its ground, with supportive interest rate expectations and relatively limited positioning against the currency helping to offset concerns
- [US Dollar: Stronger outlook with steady Fed – HSBC](https://thepoundhub.com/dollar/us-dollar-stronger-outlook-with-steady-fed-hsbc/) - HSBC’s Willem Sels and Lucia Ku highlight that the new Fed Chair’s hawkish tone supports expectations that US policy rates will stay unchanged through 2026 and 2027, reinforcing Dollar credibility. They note consensus earnings growth above 10% for most S&P 500 sectors and maintain an overweight stance on US equities while turning more bullish on
- [USD/ZAR: South African rand outlook as SARB governor hints at rate hikes](https://thepoundhub.com/dollar/usd-zar-south-african-rand-outlook-as-sarb-governor-hints-at-rate-hikes/) - The USD/ZAR pair was little changed on July 1 as traders reacted to hawkish remarks by South African Reserve Bank (SARB) Governor Lesetja Kganyago, who spoke at the European Central Bank (ECB) forum in Portugal. The pair was trading at 16.40, a few pips below last month's high of 16.67.The USD/ZAR pair wavered even after
- [Euro extends its reversal below 1.1400 amid cooling Eurozone Inflation data](https://thepoundhub.com/euro/euro-extends-its-reversal-below-1-1400-amid-cooling-eurozone-inflation-data/) - The Euro’s (EUR) mild recovery against the US Dollar (USD) seen earlier in the week has come to an end on Wednesday. The pair has returned to levels below 1.1400 during the European trading session, weighed by a significant slowdown in Eurozone inflation figures, shifting the focus back to the 13-month lows, at 1.1324 hit
- [US Dollar: Labor data and confidence guide outlook – TD Securities](https://thepoundhub.com/dollar/us-dollar-labor-data-and-confidence-guide-outlook-td-securities/) - TD Securities strategists discuss several US indicators, expecting the June ISM Manufacturing index to edge down, while noting that JOLTS job openings remain elevated but likely overstated. They highlight cautious signals from labor market ratios and a weaker-than-expected June Consumer Confidence reading, emphasizing that labor conditions still feel difficult and projecting US payrolls to return
- [Pound falls as dollar forges higher ahead of Fed's Warsh comments](https://thepoundhub.com/british-pound/pound-falls-as-dollar-forges-higher-ahead-of-feds-warsh-comments/) - * Sterling fell 0.23% to $1.3234 after four straight daily gains* Money markets ​show a ⁠90% chance of a BoE hike by year-end* ​US monthly employment data on Thursday could sway expectations for a Fed hikeLONDON, July 1 (Reuters) - The pound fell for the first time in ​a ‌week on Wednesday in the face
- [Why has the pound underperformed since the Brexit vote?](https://thepoundhub.com/british-pound/why-has-the-pound-underperformed-since-the-brexit-vote/) - A decade after Britain's vote to leave the European Union, sterling remains trapped in an awkward middle ground. It is no longer in freefall, nor has it recovered the status it enjoyed before the referendum. Instead, the pound has settled into something less dramatic but arguably more significant: a persistent valuation discount reflecting weaker long-term
- [The establishment of a digital euro: Another step forward](https://thepoundhub.com/euro/the-establishment-of-a-digital-euro-another-step-forward/) - Recently, the European Parliament adopted its annual review of the European Central Bank's (ECB) policies, together with its recommendations for 2026. Of particular note is the Parliament's backing of the digital euro. It welcomed the continuing discussions on the digital euro, and seemingly, aligning with the Council of the European Union's (Council)
- [Asian Markets Turn Cautious As Iran Talks Stall, Treasury Yiel...](https://thepoundhub.com/asian-currency/asian-markets-turn-cautious-as-iran-talks-stall-treasury-yiel/) - Asian markets traded cautiously as U.S.-Iran talks faced renewed obstacles.Treasury yields rose, increasing expectations of possible Federal Reserve rate hikes.Japanese yen hit a 40-year low against the dollar, prompting intervention concerns.Oil prices edged higher as Strait of Hormuz negotiations remained unresolved.Asian markets opened the third quarter on a cautious note Wednesday as investors weighed renewed
- [Pound-to-Euro Forecast: GBP Rises As UK GDP Confirms Strong Q1 Growth](https://thepoundhub.com/euro/pound-to-euro-forecast-gbp-rises-as-uk-gdp-confirms-strong-q1-growth/) - The Pound to Euro (GBP/EUR) exchange rate edged higher on Tuesday after revised GDP figures confirmed the UK economy gathered momentum during the first quarter of 2026. At the time of writing, GBP/EUR was trading at €1.1612, up around 0.2% on the day. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.16092Pound to Dollar (GBP/USD): 1.32449
- [Rupee weakness eases against dollar amid improving macro signals](https://thepoundhub.com/asian-currency/rupee-weakness-eases-against-dollar-amid-improving-macro-signals/) - The Indian rupee opened slightly weaker at 94.68 against the US dollar on Wednesday (July 1), compared with Tuesday’s (June 30's) close of 94.66, as investors balanced improving macroeconomic signals with caution over global market conditions.Despite the marginal decline at the opening, sentiment around Indian assets has improved sharply in recent weeks after crude oil
- [Euro stalls as Fed hike bets offset cooler Eurozone CPI](https://thepoundhub.com/euro/euro-stalls-as-fed-hike-bets-offset-cooler-eurozone-cpi/) - The Euro fails to gain traction versus the US Dollar on Tuesday, with the pair remaining steady at around 1.1400 as economic data on both sides of the Atlantic barely moved the needle. The EUR/USD trades at 1.1420.EUR/USD holds near 1.1400 as Fed and ECB signals divergeGeopolitical fears are tempered as the US and Iran
- [GBP/USD Outlook: Pound Sterling traders to focus on Bailey, Powell testimonies](https://thepoundhub.com/british-pound/gbp-usd-outlook-pound-sterling-traders-to-focus-on-bailey-powell-testimonies/) - The Pound Sterling (GBP) staged a late recovery against the US Dollar (USD) after the GBP/USD pair corrected sharply to monthly lows below 1.3400.Pound Sterling buyers fight back controlThe price action around the GBP/USD pair in the past week was mainly dictated by the ongoing developments surrounding the Israel-Iran geopolitical escalation even as trade uncertainties
- [Japanese Yen extends its fall as US-Japan rate gap lifts USD/JPY](https://thepoundhub.com/dollar/japanese-yen-extends-its-fall-as-us-japan-rate-gap-lifts-usd-jpy/) - USD/JPY trades around 162.65 at the time of writing, up 0.44% on the day, and remains close to its highest level in several decades. The pair continues to benefit from a supportive backdrop for the US Dollar (USD), while repeated warnings from Japanese authorities about possible foreign exchange intervention have failed to reverse the broader
- [Silver Price Forecast: XAG/USD attempts to reclaim $60 as bearish trend persists](https://thepoundhub.com/dollar/silver-price-forecast-xag-usd-attempts-to-reclaim-60-as-bearish-trend-persists/) - Silver (XAG/USD) edges higher on Tuesday as the US Dollar (USD) trims part of its intraday gains despite upbeat US economic data. At the time of writing, XAG/USD trades around $59.70, up nearly 2.5% on the day.US JOLTS Job Openings rose to 7.594 million in May from April's revised 7.585 million, beating market expectations of
- [US turns 250: How did the Dollar become so powerful, and can it keep its crown? – Firstpost](https://thepoundhub.com/dollar/us-turns-250-how-did-the-dollar-become-so-powerful-and-can-it-keep-its-crown-firstpost/) - The United States celebrates 250 years since the signing of the Declaration of Independence on July 4 this year.The milestone reflects not only the country’s political evolution but also its extraordinary economic influence. Few symbols capture that influence more than the US dollar (USD).Today, the dollar is far more than America’s national currency. It is
- [Euro stabilizes vs Yen as Eurozone inflation data eyed, Japan warns](https://thepoundhub.com/euro/euro-stabilizes-vs-yen-as-eurozone-inflation-data-eyed-japan-warns/) - EUR/JPY trades modestly higher on Tuesday, hovering around 185.10 at the time of writing, up 0.07% on the day. The pair is supported by a resilient Euro (EUR) despite softer-than-expected German inflation data. At the same time, the Japanese Yen (JPY) remains weighed down despite repeated warnings from Tokyo officials over excessive currency moves.Data released
- [Britsh Pound: Sterling Defies Rising Middle East Tensions](https://thepoundhub.com/british-pound/britsh-pound-sterling-defies-rising-middle-east-tensions/) - The Pound Sterling edged higher against the US dollar and held steady against the euro as markets shrugged off renewed US-Iran military strikes, betting that the fragile ceasefire will survive and a broader peace agreement remains within reach. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.32226 (-0.23%)Euro to Dollar (EUR/USD): 1.14009 (-0.16%)Dollar to Yen (USD/JPY):
- [British Pound trades sideways against the Japanese Yen as traders weigh intervention risks](https://thepoundhub.com/british-pound/british-pound-trades-sideways-against-the-japanese-yen-as-traders-weigh-intervention-risks/) - GBP/JPY trades in a narrow range on Tuesday, struggling to build on the previous day's gains as traders remain wary of a possible intervention by Japanese authorities after the Japanese Yen (JPY) weakened to a fresh 40-year low against the US Dollar (USD). At the time of writing, the cross is trading around 214.70, hovering
- [Rupee falls 14 paise to close at 94.65 against U.S. dollar](https://thepoundhub.com/asian-currency/rupee-falls-14-paise-to-close-at-94-65-against-u-s-dollar/) - Representative image. | Photo Credit: Getty Images/iStockphotos The rupee depreciated by 14 paise to close at 94.65 (provisional) against the U.S. dollar on Tuesday (June 30), as a strengthening greenback overseas and risk-averse investor sentiment weighed on the local unit.Forex traders said the rupee slipped to 94.58 against the U.S. dollar, driven by month-end corporate
- [US Dollar: Momentum fading as data and Warsh loom – ING](https://thepoundhub.com/dollar/us-dollar-momentum-fading-as-data-and-warsh-loom-ing/) - ING’s Francesco Pesole notes that the Dollar has been giving back recent gains against G10 currencies as equities recover and risk sentiment improves. He highlights expectations for stronger US consumer confidence and softer JOLTS openings, which should still signal a healthy labour market. Pesole sees today’s data as neutral to mildly supportive for the Dollar,
- [Sterling's Dance: Pound Reacts to Andy Burnham's Strategic Shift](https://thepoundhub.com/british-pound/sterlings-dance-pound-reacts-to-andy-burnhams-strategic-shift/) - The British pound experienced a fluctuation on Tuesday, registering a rise against the euro while also dipping against the dollar. This change follows trader anticipation of Andy Burnham's expected rise to premiership in the UK, combined with economic reports from both the eurozone and the U.S.With investors digesting these updates, sterling ended its three-day ascent
- [Technical analysis of the S&P 500 as it resumes its ascent while EUR/GBP, silver price hover above support.](https://thepoundhub.com/british-pound/technical-analysis-of-the-sp-500-as-it-resumes-its-ascent-while-eur-gbp-silver-price-hover-above-support/) - Macro update Asian equities cap a record-breaking quarter: Japan's Nikkei was on course for its strongest quarterly gain since 1965, rising more than 38%, while South Korea's KOSPI looked set to deliver a near 71% advance, led by robust gains in semiconductor stocks. Yen falls to a 40-year low: The widening interest rate differential between
- [Pound Sterling Today: UK Growth Holds Up As Consumers Dip Into Savings](https://thepoundhub.com/british-pound/pound-sterling-today-uk-growth-holds-up-as-consumers-dip-into-savings/) - The Pound Sterling was mixed on Tuesday after revised UK GDP data confirmed the economy expanded strongly at the start of the year, while fresh figures suggested households are increasingly willing to dip into savings to maintain spending. The Pound to Dollar exchange rate (GBP/USD) traded at 1.3235, down 0.14% on the day, while the
- [Silver Price Forecasts: XAG/USD picks up towards $60.00, with the bearish trend intact](https://thepoundhub.com/dollar/silver-price-forecasts-xag-usd-picks-up-towards-60-00-with-the-bearish-trend-intact/) - Silver (XAG/USD) trims some losses on Tuesday’s European session opening and hits session highs in the mid-range of the $59.00s, after bouncing at session lows near $56.60. From a wider perspective, however, the precious metal remains depressed near seven-month lows, as markets’ repricing of Federal Reserve rate hikes is acting as a headwind to Silver
- [GBP/USD Forecast: Pulls back as USD firms, 1.3300 key level](https://thepoundhub.com/british-pound/gbp-usd-forecast-pulls-back-as-usd-firms-1-3300-key-level/) - The GBP/USD pair attracts some sellers during the Asians session on Tuesday and reverses a part of the previous day's strong move up to a one-week top. Spot prices, for now, seem to have snapped a three-day winning streak and currently trade around the 1.3235-1.3230 region, down nearly 0.20% for the day.The US Dollar (USD)
- [AI-led productivity will keep US dollar strong; Fed likely on hold through 2026: Standard Chartered](https://thepoundhub.com/dollar/ai-led-productivity-will-keep-us-dollar-strong-fed-likely-on-hold-through-2026-standard-chartered/) - Steven Englander, Managing Director, Global Head of G10 FX Research and North American Macro Strategy at Standard Chartered Bank, expects the US dollar index to continue edging higher, driven by structural forces rather than cyclical ones. He says AI-led productivity gains are lifting long-term real interest rates and attracting capital into the US, providing sustained
- [Global currencies under pressure as dollar strengthens and yen weakens](https://thepoundhub.com/dollar/global-currencies-under-pressure-as-dollar-strengthens-and-yen-weakens/) - The Japanese Yen weakened to its lowest level against the US Dollar in nearly four decades on the final trading day of the second quarter, as investors turned their attention to a series of major economic releases and ongoing geopolitical developments.The USD/JPY pair was around 162.00 mark during Asian trading, reaching its highest level since
- [Breaking: Japanese Yen plummets to fresh four-decade low vs USD](https://thepoundhub.com/dollar/breaking-japanese-yen-plummets-to-fresh-four-decade-low-vs-usd/) - The USD/JPY pair surges past the critical 162.00 psychological threshold, hitting a fresh four-decade high during the Asian session on Tuesday. However, expectations of a possible intervention by Japanese authorities cap further upside.In fact, Japan's Finance Minister Satsuki Katayama and US Treasury Secretary Scott Bessent agreed to take steps on currencies if necessary. Moreover, Japan’s
- [EUR/USD Forecast 2026 Review: Why Berenberg Says The Euro "Lost Twice"](https://thepoundhub.com/euro/eur-usd-forecast-2026-review-why-berenberg-says-the-euro-lost-twice/) - The Euro to Dollar (EUR/USD) exchange rate has stabilised near 1.1410 after suffering a sharp sell-off during June as stronger US economic data and geopolitical tensions boosted demand for the Dollar. Berenberg believes the Euro may continue to struggle in the short term, but expects a more supportive backdrop to emerge as economic growth on
- [Pound Sterling Price News and Forecast: GBP/USD rises as Burnham fiscal pledge calms markets](https://thepoundhub.com/british-pound/pound-sterling-price-news-and-forecast-gbp-usd-rises-as-burnham-fiscal-pledge-calms-markets/) - British Pound rises as Burnham fiscal pledge calms marketsThe Pound Sterling (GBP) advances 0.40% on Monday after Andy Burnham, who is expected to become the new UK Prime Minister, commented that he will adhere to fiscal rules set by Chancellor Rachel Reeves at a speech in which he laid the path for the economy. The
- [US dollar rate rises amid June-end payment pressure](https://thepoundhub.com/dollar/us-dollar-rate-rises-amid-june-end-payment-pressure/) - The exchange rate of the US dollar against the taka rose further today as banks faced increased payment pressure and settled letters of credit (LCs) ahead of the June-end closing.Today, City Bank bought the US dollar at Tk 122.60 and sold it at Tk 123.60. A day earlier, the bank's buying rate was Tk 122.40,
- [British Pound rises as Burnham fiscal pledge calms markets](https://thepoundhub.com/british-pound/british-pound-rises-as-burnham-fiscal-pledge-calms-markets/) - The Pound Sterling (GBP) advances 0.40% on Monday after Andy Burnham, who is expected to become the new UK Prime Minister, commented that he will adhere to fiscal rules set by Chancellor Rachel Reeves at a speech in which he laid the path for the economy. The GBP/USD pair trades at 1.3244 after reaching daily
- [British Pound: Leadership turmoil and weaker carry weigh on Sterling – HSBC](https://thepoundhub.com/british-pound/british-pound-leadership-turmoil-and-weaker-carry-weigh-on-sterling-hsbc/) - HSBC argues that the Pound is more exposed to downside risks following Prime Minister Starmer’s resignation and the ensuing UK leadership contest. The bank highlights a less supportive macro backdrop, with UK–US 2-year spreads narrowing to near zero, a Bank of England hold at 3.75% expected through year-end, and deteriorating fiscal optics likely weighing on
- [Dollar Gains 0.12% to 1.4211 Canadian Dollars — Data Talk](https://thepoundhub.com/dollar/dollar-gains-0-12-to-1-4211-canadian-dollars-data-talk/) - Dollar/Canadian dollar: 1.4211 Canadian dollars per dollar (0.7037 dollar per Canadian dollar) --Today the dollar gained 0.12% vs. the Canadian dollar --Snaps a two session losing streak --Up 11 of the past 13 sessions --Off 0.16% from its 52-week high of 1.4234 hit Wednesday, June 24, 2026 --Up 5.34% from its 52-week low of 1.3491
- [Euro area money supply growth accelerates in May](https://thepoundhub.com/euro/euro-area-money-supply-growth-accelerates-in-may/) - The annual growth rate of the broad monetary aggregate M3 rose to 3.2 per cent in May 2026, up from 2.7 per cent in April, according to a report from the European Central Bank (ECB). This development reflects a broader expansion in liquidity across the euro area as economic conditions evolve. The narrower monetary aggregate
- [Canadian Dollar: Stabilizes against US Dollar as spreads narrow – Scotiabank](https://thepoundhub.com/dollar/canadian-dollar-stabilizes-against-us-dollar-as-spreads-narrow-scotiabank/) - Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) has gained modest relief as front-end US/Canada spreads retreat about 10bps from last week’s peak, though rate differentials remain punitive. They judge USD/CAD is trading close to their fundamental fair value at 1.4135 and stress that positioning indicators show an extremely overbought US
- ["Sterling Relief" Has Further To Run: Goldman Sachs Pound Sterling Forecast](https://thepoundhub.com/british-pound/sterling-relief-has-further-to-run-goldman-sachs-pound-sterling-forecast/) - The Pound Sterling has held firm in recent weeks, with GBP/USD stabilising near 1.3240 despite political change in the UK and a stronger US Dollar. Goldman Sachs believes Sterling's resilience reflects the fact that much of the political uncertainty surrounding the leadership transition has already been priced into markets. The bank identifies three reasons why
- [US Dollar: Cyclical drivers and de-dollarisation – Rabobank](https://thepoundhub.com/dollar/us-dollar-cyclical-drivers-and-de-dollarisation-rabobank/) - Rabobank's Senior FX Strategist Jane Foley examines structural de-dollarisation themes alongside near-term Dollar dynamics. The de-dollarisation debate intensified after tariffs failed to trigger a traditional safe-haven bid for the Dollar and Treasuries in April 2025. Foley argues this shift will be slow and contested by US authorities, so cyclical factors like interest rate differentials and
- [Middle East sovereign wealth funds pivot to private markets for long-term gains](https://thepoundhub.com/currency/middle-east-sovereign-wealth-funds-pivot-to-private-markets-for-long-term-gains/) - Middle East sovereign wealth funds (SWFs) identify private markets as a key driver of long-term returns, well above the global average of 65%, according to a new study by Invesco. Infrastructure is the primary beneficiary of this trend, with 70% of SWFs in the region planning to increase allocations over the next 12 months, the
- [British Pound gains as UK Burnham pledges continuation of current Labour policy](https://thepoundhub.com/british-pound/british-pound-gains-as-uk-burnham-pledges-continuation-of-current-labour-policy/) - The British Pound (GBP) outperforms its major currency peers, trading 0.25% higher to near 1.3230 against the US Dollar (USD) during the European trading session on Monday. The United Kingdom (UK) currency gains as Greater Manchester Mayor Andy Burnham, the frontrunner for the leadership position after Prime Minister (PM) Keir Starmer’s resignation, has vowed to
- [Pound To New Zealand Dollar Five-Day Forecast: GBP Rallies As Markets Favour Safe-Haven Currencies](https://thepoundhub.com/british-pound/pound-to-new-zealand-dollar-five-day-forecast-gbp-rallies-as-markets-favour-safe-haven-currencies/) - The Pound to New Zealand Dollar (GBP/NZD) exchange rate surged to a five-month high last week as a sharp deterioration in global risk appetite weighed heavily on the risk-sensitive New Zealand Dollar. At the time of writing, GBP/NZD was trading at NZ$2.3385, up 1.4% on the week. Latest — Exchange Rates:Pound to New Zealand Dollar
- [Euro: Shifts from selloff to consolidation against US Dollar – UOB](https://thepoundhub.com/euro/euro-shifts-from-selloff-to-consolidation-against-us-dollar-uob/) - United Overseas Bank’s (UOB) Quek Ser Leang reports EUR/USD briefly spiked to 1.1434 before retreating, leaving intraday momentum subdued and the pair expected to trade between 1.1360 and 1.1410. The earlier downside move is now seen as stabilised, with the Euro likely to oscillate in a wider 1.1335–1.1470 band, while longer-term focus remains on key
- [Germany’s proposal to ease trade tensions with China has not gone down well in Beijing](https://thepoundhub.com/china-currency/germanys-proposal-to-ease-trade-tensions-with-china-has-not-gone-down-well-in-beijing/) - Trade tensions between the EU and China are deepening. On June 16, the EU’s trade chief, Maroš Šefčovič, said the bloc’s unbalanced trade relationship with China “had reached a point that requires a reset”. The German chancellor, Friedrich Merz, then criticised Beijing days later for what he claimed were its unfair trade practices. In comments
- [Technical analysis of the FTSE 100 as it resumes its ascent, GBP/USD stabilises and US natural gas prices continue to rise.](https://thepoundhub.com/british-pound/technical-analysis-of-the-ftse-100-as-it-resumes-its-ascent-gbp-usd-stabilises-and-us-natural-gas-prices-continue-to-rise/) - Macro update Asian equities ease as investors rotate out of AI stocks: Japan's Nikkei declined 0.6%, South Korea's KOSPI fell almost 2%, and MSCI's broad Asia-Pacific index slipped 0.3% as investors shifted away from AI-related shares towards more defensive and cyclical sectors. Oil prices edge higher amid renewed Middle East tensions: Brent crude rose 0.8%
- [Pound To Australian Dollar Week Ahead Forecast: Two-Month GBP High Despite UK Leadership Change](https://thepoundhub.com/british-pound/pound-to-australian-dollar-week-ahead-forecast-two-month-gbp-high-despite-uk-leadership-change/) - The Pound to Australian Dollar (GBP/AUD) exchange rate climbed to its strongest levels in almost two months last week as Sterling shrugged off UK political uncertainty while the risk-sensitive Australian Dollar remained under pressure. At the time of writing, GBP/AUD was trading at AU$1.9164, up around 1.5% on the week. Latest — Exchange Rates:Pound to
- [Pound-to-Canadian Dollar Price Forecast: GBP Shrugs Off Starmer Exit](https://thepoundhub.com/british-pound/pound-to-canadian-dollar-price-forecast-gbp-shrugs-off-starmer-exit/) - The Pound to Canadian Dollar (GBP/CAD) exchange rate traded in a narrow range last week as investors balanced UK political developments against stronger Canadian inflation and softer oil prices. At the time of writing, GBP/CAD was trading at CA$1.8755, little changed on the week. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.87384Euro to Canadian
- [Pound To Euro Weekly Forecast: GBP Ten-Month High Despite Starmer’s Resignation](https://thepoundhub.com/euro/pound-to-euro-weekly-forecast-gbp-ten-month-high-despite-starmers-resignation/) - The Pound to Euro (GBP/EUR) exchange rate climbed to a ten-month high last week as Sterling shrugged off Prime Minister Keir Starmer's resignation while the Euro remained under pressure from a stronger US Dollar. At the time of writing, GBP/EUR was trading at €1.1587, up 0.5% on the week. Latest — Exchange Rates:Pound to Euro
- [Portugal 2-1 Czech Republic: Conceicao snatches late winner as Cristiano Ronaldo breaks Euros record](https://thepoundhub.com/euro/portugal-2-1-czech-republic-conceicao-snatches-late-winner-as-cristiano-ronaldo-breaks-euros-record/) - Portugal had been in good form heading into this tournament and optimism among their sizeable following in Leipzig was high that they could add to their 2016 European Championship win.That confidence looked well placed as they dominated from the outset of this game, keeping the Czech Republic pegged back.However, they struggled to turn good build-up
- [AUD/USD eyes RBA minutes and NFP as a brutal June draws to a close](https://thepoundhub.com/dollar/aud-usd-eyes-rba-minutes-and-nfp-as-a-brutal-june-draws-to-a-close/) - AUD/USD under pressure as USD strength builds AUD/USD finished lower last week at 0.6894 (-1.70%), logging its lowest weekly close in three months. For the month of June, the ‘Aussie Battler’ has retreated a hefty 4.06%, joining the free-falling Kiwi dollar (-5.62%) at the bottom of the currency performance table. AUD/USD’s decline stems from a
- [Multi-million pound investment to support thousands more homes](https://thepoundhub.com/british-pound/multi-million-pound-investment-to-support-thousands-more-homes/) - X Register for free to receive latest news stories direct to your inbox Register A major investment is aiming to support delivery of thousands of new homes – attracting further private sector investment and boosting West Yorkshire’s economy. The £334m West Yorkshire Housing Investment Fund will unlock land for development and support stalled schemes across
- [Euro: Higher levels seen as slow grind against US Dollar – Commerzbank](https://thepoundhub.com/euro/euro-higher-levels-seen-as-slow-grind-against-us-dollar-commerzbank/) - Commerzbank’s Michael Pfister argues that recent EUR/USD weakness reflects Dollar strength rather than Euro fragility, with Fed expectations driving the move. He notes falling Oil prices and collapsing inflation expectations limit ECB hike prospects, while a softer Dollar would require Fed expectations to retreat. Commerzbank expects Euro area inflation to stay relatively high, but sees
- [Pound To Dollar Week Ahead Forecast: GBP Strikes 2026 Low On Hawkish Fed Bets](https://thepoundhub.com/british-pound/pound-to-dollar-week-ahead-forecast-gbp-strikes-2026-low-on-hawkish-fed-bets/) - The Pound to Dollar (GBP/USD) exchange rate briefly struck a fresh 2026 low last week as expectations of tighter US monetary policy and a broad flight into the US Dollar offset Sterling’s resilience. At the time of writing, GBP/USD was trading around $1.3220, little changed on the week after recovering from a low of $1.3145.
- [Dollar set for best month in nearly a year as bulls grow confident](https://thepoundhub.com/dollar/dollar-set-for-best-month-in-nearly-a-year-as-bulls-grow-confident/) - LONDON, June 29 : The dollar was headed for its biggest monthly gain in nearly a year on Monday, supported by the growing chances of rate rises and optimism about the U.S. economy, as investors watched developments in the Gulf ahead of a key jobs report later this week.The U.S. and Iran traded fresh attacks
- [Sensex falls 63.65 points, Nifty rose to 24,070; Rupee at 94.25 against US dollar | Business News](https://thepoundhub.com/asian-currency/sensex-falls-63-65-points-nifty-rose-to-24070-rupee-at-94-25-against-us-dollar-business-news/) - 1 min readUpdated: Jun 29, 2026 09:52 AM IST The rupee opened at 94.25 against USD on Monday, nearly unchanged from previous close of 94.39 against USD. Indian benchmark indices traded mixed in early trade on Monday, with the BSE Sensex falling 63.65 points to 77,047.63, while the Nifty 50 rose 16.55 points to 24,070.20.
- [Share Market Today: Sensex falls 63.65 points, Nifty rose to 24,070 Rupee at 94.25 against US dollar](https://thepoundhub.com/asian-currency/share-market-today-sensex-falls-63-65-points-nifty-rose-to-24070-rupee-at-94-25-against-us-dollar/) - 1 min readUpdated: Jun 29, 2026 10:40 AM IST Share Market Today: The rupee opened at 94.25 against USD on Monday, nearly unchanged from previous close of 94.39 against USD. Indian benchmark indices traded mixed in early trade on Monday, with the BSE Sensex falling 63.65 points to 77,047.63, while the Nifty 50 rose 16.55
- [Rupee rises to 94.35 against dollar amid easing crude concerns](https://thepoundhub.com/asian-currency/rupee-rises-to-94-35-against-dollar-amid-easing-crude-concerns/) - The Indian rupee opened at 94.35 against the US dollar on Monday (June 29), compared with Thursday’s (June 25's) close of 94.40, as easing concerns over oil prices supported Asian currencies despite renewed hostilities between the United States and Iran.The rupee traded within a 94.15–94.92 range last week, supported by softer crude oil prices, although
- [Japanese Yen softens despite intervention fears](https://thepoundhub.com/asian-currency/japanese-yen-softens-despite-intervention-fears/) - The USD/JPY pair posts modest gains around 161.80 during the Asian trading hours on Monday, bolstered by uncertainty surrounding US-Iran talks. Nonetheless, the potential upside might be limited amid fears of intervention from Japanese authorities. Traders will keep an eye on the US June Nonfarm Payrolls (NFP) report, which is due later on Thursday. A US
- [Oil prices decline: Why the Canadian Dollar remaining stronger?](https://thepoundhub.com/dollar/oil-prices-decline-why-the-canadian-dollar-remaining-stronger/) - USD/CAD remains in the negative territory for the third consecutive day, trading around 1.4190 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) inches lower following reports that Washington and Tehran have agreed to halt attacks against each other before peace talks resume in Doha this week.However, market participants remain
- [Stock Market Outlook Today, June 29: Sensex, Nifty Likely to Open Positively as Rupee Strengthens, Crude Prices Ease](https://thepoundhub.com/asian-currency/stock-market-outlook-today-june-29-sensex-nifty-likely-to-open-positively-as-rupee-strengthens-crude-prices-ease/) - Indian equity markets are expected to begin the new trading week on a positive note, supported by easing geopolitical concerns, softer crude oil prices and renewed strength in the Indian rupee. After ending last week in positive territory despite bouts of volatility, analysts believe benchmark indices could continue their upward journey, although profit booking at
- [US dollar hits highest value in over a year as AI investment boom reshapes capital flows](https://thepoundhub.com/dollar/us-dollar-hits-highest-value-in-over-a-year-as-ai-investment-boom-reshapes-capital-flows/) - The US Dollar Index climbed to 101.80 on June 24, marking a 13-month high and its strongest level since May 2025. The culprit, or hero depending on your portfolio, is a tidal wave of global capital rushing into American AI assets. Since late January 2026, when the DXY sat at 95.55, the dollar has gained
- [Nine of the world's destinations that take your Aussie dollar further](https://thepoundhub.com/dollar/nine-of-the-worlds-destinations-that-take-your-aussie-dollar-further/) - We’ve rounded up the best places to travel in 2026, where money-savvy travellers can get the most bang for their buck.It’s no secret that taking a holiday can be a huge investment. But there is one silver lining – thanks to some favourable exchange rates for the Aussie dollar, there are plenty of destinations where
- [FIIs Return To Indian Markets, Rupee Strengthens To 94.40/$ As Selling Eases After 9 Trading Sessions](https://thepoundhub.com/asian-currency/fiis-return-to-indian-markets-rupee-strengthens-to-94-40-as-selling-eases-after-9-trading-sessions/) - Foreign institutional investors (FIIs) are gradually returning to Indian equities as the rupee strengthens and volatility in South Korean and Taiwanese markets shifts investment flows. | Mumbai: Foreign institutional investors (FIIs) are showing fresh interest in Indian equities after weeks of heavy selling. Market experts say the worst phase of foreign selling appears to be
- ["Best G10 Performing" Euro Rebound Has Further To Run: Scotiabank EUR/USD Forecast](https://thepoundhub.com/euro/best-g10-performing-euro-rebound-has-further-to-run-scotiabank-eur-usd-forecast/) - The Euro to Dollar (EUR/USD) exchange rate has edged back above 1.14 after rebounding from multi-month lows earlier this week, helped by a softer US Dollar. Scotiabank believes the Euro is showing signs of stabilising, despite markets trimming expectations for further European Central Bank interest-rate increases. The bank notes that falling oil prices have reduced
- [Pound Sterling Institutional Forecast: Why UBS Remains Bullish On GBP](https://thepoundhub.com/british-pound/pound-sterling-institutional-forecast-why-ubs-remains-bullish-on-gbp/) - The Pound has held up better than many expected in recent weeks despite political upheaval in the UK and the conflict in the Middle East, with UBS arguing that supportive fundamentals continue to underpin Sterling. GBP/USD traded near 1.3200, while EUR/GBP remained around 0.8670, close to the middle of this year's trading range. Latest —
- [Canadian Dollar Forecast: Citi Raises USD/CAD Targets To 1.43](https://thepoundhub.com/dollar/canadian-dollar-forecast-citi-raises-usd-cad-targets-to-1-43/) - The US Dollar to Canadian Dollar (USD/CAD) exchange rate remains close to multi-year highs, trading around 1.4195 after rallying almost 3% during June. Citi has upgraded its USD/CAD forecasts, raising its three-month target to 1.43 from previous estimates and lifting its six to 12-month forecast to 1.42, reflecting a more constructive outlook for the US
- [Dollar Tree manager forced himself on cashier on ‘near-daily basis’, lawsuit says](https://thepoundhub.com/dollar/dollar-tree-manager-forced-himself-on-cashier-on-near-daily-basis-lawsuit-says/) - The latest headlines from our reporters across the US sent straight to your inbox each weekdayYour briefing on the latest headlines from across the USYour briefing on the latest headlines from across the USA cashier at a New York Dollar Tree store endured “severe and pervasive” sexual harassment by her manager, who physically accosted her
- [Indian Airlines’ Losses To Widen Heavily In FY27 Despite Traffic Growth: Icra](https://thepoundhub.com/asian-currency/indian-airlines-losses-to-widen-heavily-in-fy27-despite-traffic-growth-icra/) - The Indian aviation industry is expected to report a net loss of Rs 360 to Rs 380 billion in the current financial year (FY27), significantly higher than the earlier forecasts of Rs 110 to Rs 120 billion, Icra said in a report. This is primarily due to the escalation of the West Asian conflict and
- [Is a currency crisis looming?](https://thepoundhub.com/asian-currency/is-a-currency-crisis-looming/) - ALMOST 29 years ago, the Asian Financial Crisis (AFC) was triggered following the attack on the Thai baht, resulting in Thailand being forced to abandon its currency peg to the US dollar and float the local currency.What followed was a massive attack on other regional currencies as most Asian countries were also vulnerable due to
- [Dollar Gains 0.28% to 1.4194 Canadian Dollars — Data Talk](https://thepoundhub.com/dollar/dollar-gains-0-28-to-1-4194-canadian-dollars-data-talk/) - Dollar/Canadian dollar: 1.4194 Canadian dollars per dollar (0.7045 dollar per Canadian dollar) --This week the dollar gained 0.28% vs. the Canadian dollar --Up for four straight weeks --Up 2.86% over the last four weeks --Largest four-week percentage gain since Friday, Dec. 20, 2024 --Longest winning streak since the week ending April 3, 2026 when the
- [What the rupee’s recent swings mean for the Canada-India trade pact talks](https://thepoundhub.com/asian-currency/what-the-rupees-recent-swings-mean-for-the-canada-india-trade-pact-talks/) - India’s rupee is gyrating like a Bollywood dancer – and that has implications for trade with Canada.More on that soon. First, here’s a primer to get you up to speed.The South Asian country’s currency appears to be rebounding after being walloped by the fallout from the Iran war. Soaring crude oil prices, a scarcity of
- [British Pound rebounds as US Dollar rally fades, UK politics stabilize](https://thepoundhub.com/british-pound/british-pound-rebounds-as-us-dollar-rally-fades-uk-politics-stabilize/) - The Pound Sterling (GBP) gains 0.20% against the Greenback on Friday as the latter recoils after hitting year-to-date (YTD) highs, with money markets pricing in a less hawkish Federal Reserve (Fed), despite policymakers stating they will focus on inflation. The GBP/USD pair trades at 1.3217 after reaching a daily low of 1.3180.GBP/USD rebounds as Fed
- [Higher U.S. rates continue weighing on the loonie](https://thepoundhub.com/dollar/higher-u-s-rates-continue-weighing-on-the-loonie/) - The Canadian dollar remains under pressure as a stronger U.S. economy and shifting Federal Reserve expectations lift the U.S. dollar. With central banks providing less forward guidance, investors are relying more heavily on economic data to gauge the path for interest rates and currencies.BNN Bloomberg spoke with Mark McCormick, Chief FX Strategist at BMO Capital
- [Japanese Yen strengthens as USD/JPY retreats on BoJ hike bets](https://thepoundhub.com/asian-currency/japanese-yen-strengthens-as-usd-jpy-retreats-on-boj-hike-bets/) - USD/JPY edges lower on Friday and trades around 161.60 at the time of writing after once again failing to sustain a move above the 162.00 mark. The pair is facing profit-taking as investors remain cautious over the risk of intervention by Japanese authorities to support the domestic currency.The US Dollar (USD) is also losing some
- [Pound Sterling Price News and Forecast: GBP/USD rises above 1.3200 from YTD lows at 1.3140](https://thepoundhub.com/british-pound/pound-sterling-price-news-and-forecast-gbp-usd-rises-above-1-3200-from-ytd-lows-at-1-3140/) - British Pound picks up above 1.3200 with the YTD lows of 1.3140 close byThe British Pound (GBP) is trading higher against the US Dollar (USD) for the second consecutive day on Friday, as the US Dollar’s rally faltered, with Oil prices returning to pre-war levels. The GBP/USD pair has returned to levels above 1.3200, turning
- [US Dollar: Choppy rates as markets digest PCE – TD Securities](https://thepoundhub.com/dollar/us-dollar-choppy-rates-as-markets-digest-pce-td-securities/) - TD Securities strategists note that United States (US) rates markets steepened after weaker headline Personal Consumption Expenditures (PCE) Price Index, while stronger personal income and spending data complicated the picture for the US Dollar (USD). With limited fresh drivers and upcoming U Mich confidence and Federal Reserve (Fed) speakers, they expect US rates to trade
- [Canadian Dollar firms as Fed hike odds fade, Oil prices cap upside](https://thepoundhub.com/dollar/canadian-dollar-firms-as-fed-hike-odds-fade-oil-prices-cap-upside/) - USD/CAD trades lower around 1.4180 on Friday, down 0.13% at the time of writing, as the US Dollar (USD) weakens following the latest US inflation data. Investors have reduced expectations for another Federal Reserve (Fed) rate hike, supporting a rebound in the Canadian Dollar (CAD), although falling Oil prices continue to cap the Loonie's gains.The
- [What to expect from the Indian Rupee after the long weekend?](https://thepoundhub.com/asian-currency/what-to-expect-from-the-indian-rupee-after-the-long-weekend/) - The Indian Rupee (INR) is expected to open higher against the US Dollar (USD) on Monday. On Friday, Indian markets are closed for Muharram celebrations.The USD/INR pair will likely trade lower at the open on Monday, as the US Dollar has corrected over the last two trading days, with fears of persistent global inflationary pressures
- [British Pound Outlook: UOB Warns Of Fresh Downside Against US Dollar](https://thepoundhub.com/british-pound/british-pound-outlook-uob-warns-of-fresh-downside-against-us-dollar/) - GBP/USD Forecast: UOB Sees Scope for Further Pound Weakness Towards 1.3110 The Pound has recovered modestly from this week's lows, but analysts at UOB believe Sterling remains vulnerable after breaking below an important technical support level. GBP/USD traded near 1.3222 on Thursday after rebounding from Wednesday's low around 1.3140. The pair remains almost 2% lower
- [Gold Price Forecast: XAU/USD holds immediate support below $4,000 as US Dollar corrects](https://thepoundhub.com/dollar/gold-price-forecast-xau-usd-holds-immediate-support-below-4000-as-us-dollar-corrects/) - Gold price (XAU/USD) trades 0.6% higher to near $4,050 during the European trading session on Friday. The precious metal recovers after discovering support near $3,960 in the past two trading days. The yellow metal gets some relief after a long underperformance as the US Dollar (USD) loses steam, with traders reconsidering hawkish Federal Reserve (Fed)
- [1,550: A new line in the sand for South Korean Won intervention?](https://thepoundhub.com/dollar/1550-a-new-line-in-the-sand-for-south-korean-won-intervention/) - The Korean Won (KRW) trades higher on Friday after a knee-jerk reaction at the 1,550 level against the US Dollar (USD), triggering speculation about an intervention by the South Korean Ministry of Finance. The pair had been dropping steadily throughout the week amid high KRW outflows and the US Dollar's strength.Comments from South Korea's ​Finance
- [US Dollar Rally At Risk? Credit Agricole Issues Fresh Warning](https://thepoundhub.com/dollar/us-dollar-rally-at-risk-credit-agricole-issues-fresh-warning/) - The US Dollar has surged to its strongest level in more than a year following the Federal Reserve's hawkish June meeting, but Credit Agricole believes much of the good news is now priced in. The Dollar has strengthened broadly this month, pushing EUR/USD down to around 1.137 and GBP/USD to near 1.320, as investors increased
- [Euro: Consolidation after sharp decline against US Dollar – UOB](https://thepoundhub.com/euro/euro-consolidation-after-sharp-decline-against-us-dollar-uob/) - United Overseas Bank’s Quek Ser Leang and Lee Sue Ann highlight that EUR/USD has rebounded from deeply oversold levels after dropping to 1.1324, with price action now viewed as consolidation in a slightly higher 1.1345–1.1395 band. They still hold a negative medium-term stance, saying Euro bears need a close below 1.1325 to target 1.1280, while
- [US Dollar Surge Sends Gold, Silver And Bitcoin Prices Tumbling](https://thepoundhub.com/dollar/us-dollar-surge-sends-gold-silver-and-bitcoin-prices-tumbling/) - The US Dollar extended its rally to a fresh 13-month high, weighing heavily on commodities and cryptocurrencies as investors priced in a greater chance of Federal Reserve rate hikes and fewer prospects for policy easing. Gold, silver and Bitcoin all came under pressure as rising Treasury yields and a stronger dollar reduced demand for non-yielding
- [Australian Dollar slides to April lows amid global risk-off impulse](https://thepoundhub.com/dollar/australian-dollar-slides-to-april-lows-amid-global-risk-off-impulse/) - The AUD/USD pair attracts fresh sellers following the previous day's modest gains and drops to a fresh low since early April during the Asian session on Friday. Spot prices, however, recover a few pips in the last hour and currently trade just below the 0.6900 mark, still down over 0.25% for the day.According to the
- [Pound To Australian Dollar Price News, Forecast: GBP Holds High Despite Strong Jobs Data](https://thepoundhub.com/british-pound/pound-to-australian-dollar-price-news-forecast-gbp-holds-high-despite-strong-jobs-data/) - The Pound to Australian Dollar (GBP/AUD) exchange rate held close to a ten-week high on Thursday as a cautious market mood continued to weigh on the risk-sensitive Australian Dollar. At the time of writing, GBP/AUD was trading at AU$1.9109, just shy of Wednesday’s ten-week high. Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD): 1.91263 (+0.23%)Pound
- [US Dollar rides into second half of 2026 on a ‘winner takes it all’ wave](https://thepoundhub.com/dollar/us-dollar-rides-into-second-half-of-2026-on-a-winner-takes-it-all-wave/) - It is the best performing currency at the half-year point, up 3% and contrasts with ⁠a year ago, when it was nursing a fall of more than 10%, in its biggest first-half dive since the early 1970s, on US tariff policy. | Photo Credit: REUTERS/Dado Ruvic The dollar heads into the second half of 2026
- [Multi-Currency Payment Processing for SaaS Companies](https://thepoundhub.com/currency/multi-currency-payment-processing-for-saas-companies/) - If you are running a SaaS business with global customers, multi-currency payment processing is not a nice-to-have, it is the single biggest lever for international conversion. A US customer staring at a price displayed in INR will hesitate. A European buyer asked to do mental FX math at checkout will drop off. Pricing in the
- [Understanding Currency Reserves: Overview and Key Examples](https://thepoundhub.com/currency/understanding-currency-reserves-overview-and-key-examples/) - Key Takeaways Currency reserves are currencies held by another country's central bank for purposes of promoting stability for the underlying economies and providing a unified basis for international money exchange.Central banks usually pick stable currencies, such as the U.S. dollar, the most common reserve currency in the world. The euro is the second most common.Besides holding
- [Dollar Loses 0.22% to 1.4203 Canadian Dollars — Data Talk](https://thepoundhub.com/dollar/dollar-loses-0-22-to-1-4203-canadian-dollars-data-talk/) - Dollar/Canadian dollar: 1.4203 Canadian dollars per dollar (0.7041 dollar per Canadian dollar) --Today the dollar lost 0.22% vs. the Canadian dollar --Largest one-day percentage decline since Thursday, May 28, 2026 --Snaps a 10 session winning streak --Off 0.22% from its 52-week high of 1.4234 hit Wednesday, June 24, 2026 --Up 5.28% from its 52-week low
- [Firm data isn't hot enough for the US Dollar](https://thepoundhub.com/dollar/firm-data-isnt-hot-enough-for-the-us-dollar/) - The US Dollar Index (DXY) had every excuse to extend on Thursday and declined instead. A firm batch of US data crossed the wires, yet the US Dollar eased off the top of its multi-month rally, slipping back toward 101.45 after probing close to 101.75 earlier in the session. The numbers were supposedly tailor-made for
- [BBC Audio | Rethink | Rethink... the power of the US dollar](https://thepoundhub.com/dollar/bbc-audio-rethink-rethink-the-power-of-the-us-dollar/) - The US dollar is the backbone of global trade and held by governments around the world as a safe haven in times of crisis.It's so powerful that countries like Ecuador and Panama have adopted the dollar as their official currency, while Argentina for many years has tried to "dollarize" its economy.But what happens if nations
- [Canadian Dollar: BoC balances oil risks and weak growth – TD Securities](https://thepoundhub.com/dollar/canadian-dollar-boc-balances-oil-risks-and-weak-growth-td-securities/) - TD Securities strategists note the Bank of Canada’s (BoC) June Summary of Deliberations maintained its recent balancing act between higher Oil price spillover risks and domestic softness. Policymakers downplayed the Q1 Gross Domestic Product (GDP) upside surprise, stressed the economy is not in recession, and highlighted stronger per-capita consumption while treating inflation risk discussions as
- [Sterling today: Pound takes a breather as risk sentiment steadies](https://thepoundhub.com/british-pound/sterling-today-pound-takes-a-breather-as-risk-sentiment-steadies/) - Investing.com -- Sterling and the euro found tentative footing on Thursday, as stabilising risk sentiment allowed both currencies to breathe, even as hotter-than-expected US data kept the dollar firmly supported. As of 09:08 ET (13:08 GMT), GBP/USD edged higher at 1.3178, up 0.08%, while EUR/USD was down 0.05% at 1.1353. The dollar paused its rally
- [Pound under pressure as UK leadership change clouds market outlook](https://thepoundhub.com/british-pound/pound-under-pressure-as-uk-leadership-change-clouds-market-outlook/) - The British pound was on track for its worst monthly performance against the dollar since July 2025 on Thursday, as fading interest rate support and renewed political uncertainty weighed on sterling.The decline comes in a week that marked the 10th anniversary of the Brexit vote and followed the resignation of Labour Prime Minister Keir Starmer,
- [US Dollar: Long-run erosion and debt risks – Commerzbank](https://thepoundhub.com/dollar/us-dollar-long-run-erosion-and-debt-risks-commerzbank/) - Commerzbank economists Bernd Weidensteiner and Christoph Balz review 250 years of US economic history, highlighting how persistent inflation has eroded the value of the Dollar and how federal debt has surged back to World War II highs. They stress that earlier episodes of post‑war consolidation contrast with the current renewed rise in the debt‑to‑GDP ratio.Inflation
- [Sterling's Struggle Amid Political Shake-up](https://thepoundhub.com/british-pound/sterlings-struggle-amid-political-shake-up/) - In a volatile week marking the tenth anniversary of the Brexit vote, the British pound suffers its steepest monthly drop against the dollar since July 2025. Sterling has depreciated 2.2% this month, with its value standing at $1.3161, as political upheaval grips the United Kingdom.Energy market shifts following the resumed flow of crude oil through
- [Indian Rupee gains on reviving enegry flows through Hormuz](https://thepoundhub.com/asian-currency/indian-rupee-gains-on-reviving-enegry-flows-through-hormuz/) - The Indian Rupee (INR) trades firmly against the US Dollar (USD) on Thursday. The USD/INR pair declines to near 94.30 as the Indian currency strengthens due to a further decline in oil prices.The WTI Oil price has returned close to the pre-Middle East war levels as traffic through the Strait of Hormuz, a critical chokepoint
- [Pound soars to 10-month high against euro - London Business News](https://thepoundhub.com/british-pound/pound-soars-to-10-month-high-against-euro-london-business-news/) - The pound has climbed to its strongest level against the euro in almost a year, providing a welcome boost for British consumers and importers while underlining the divergent economic outlooks facing the UK and the eurozone. Sterling rose to €1.162 this week, its highest level since August 2025, as investors continued to favour UK assets
- [Rupee ends a tad higher as oil slide, foreign inflows lift sentiment](https://thepoundhub.com/asian-currency/rupee-ends-a-tad-higher-as-oil-slide-foreign-inflows-lift-sentiment/) - By Jaspreet KalraMUMBAI, - The Indian rupee closed modestly stronger on Thursday and for the week as falling oil prices improved sentiment alongside signs of a pickup in foreign portfolio inflows, while caution lingered over the prospect of U.S. rate hikes.The rupee rose about 0.3% on the day to close Thursday's session at 94.3950 and
- [Euro: Energy prices and Yen flows influence outlook – ABN AMRO](https://thepoundhub.com/euro/euro-energy-prices-and-yen-flows-influence-outlook-abn-amro/) - Georgette Boele at ABN AMRO highlights that lower Oil and gas prices should, in principle, weigh on the Dollar and support the Euro, but EUR/USD has shown only a limited reaction so far. She notes that extreme positioning in the Japanese Yen and related intervention risks are spilling over into EUR/JPY, indirectly pressuring EUR/USD, though
- [US Dollar: Consumer resilience and GDP under scrutiny – UBS](https://thepoundhub.com/dollar/us-dollar-consumer-resilience-and-gdp-under-scrutiny-ubs/) - UBS’s Chief Economist Paul Donovan focuses on United States (US) consumers ahead of May income and spending data, stressing their persistent willingness to spend despite tariff and Oil price shocks. He notes that households have reduced savings as real income growth turned negative and sees no clear reason for this pattern to have changed. Revised
- [ASX 200 falls as commodity rout drags market despite broad gains](https://thepoundhub.com/dollar/asx-200-falls-as-commodity-rout-drags-market-despite-broad-gains/) - A fall in key commodity and oil prices hit the Australian sharemarket on Thursday, dragging the index lower, even as the majority of shares finished in the green. The benchmark ASX 200 dropped 59.70 points or 0.68 per cent to 8748.70, while the broader All Ordinaries dragged 61 points or 0.68 per cent to 8951.60.The
- [Indian Rupee Jumps 37 Paise to Rs. 94.30 Against US Dollar as Brent Crude Slips Below $73](https://thepoundhub.com/asian-currency/indian-rupee-jumps-37-paise-to-rs-94-30-against-us-dollar-as-brent-crude-slips-below-73/) - “With oil prices near to $72.50 per barrel, the rupee is in the most comfortable zone, despite a higher dollar index and falling Asian currencies… While the RBI says it does not target a specific exchange rate, it intervenes to prevent excessive volatility,” analysts from Finrex Treasury Advisors said.The started the day on a strong
- [Euro weakens against British Pound as markets pare back ECB hike bets](https://thepoundhub.com/british-pound/euro-weakens-against-british-pound-as-markets-pare-back-ecb-hike-bets/) - The EUR/GBP cross declines to around 0.8620 during the early European trading hours on Thursday. Dovish remarks from the European Central Bank (ECB) policymakers weigh on the Euro (EUR) against the British Pound (GBP). Traders await the speeches by the ECB’s Philip Lane and Piero Cipollone later on Thursday for fresh impetus. While the ECB raised its
- [A Stronger Rupee Is Easing India’s Oil Import Bill, But the Relief May Be Smaller Than Expected](https://thepoundhub.com/asian-currency/a-stronger-rupee-is-easing-indias-oil-import-bill-but-the-relief-may-be-smaller-than-expected/) - A stronger rupee is offering India some relief on its massive oil import bill, but analysts say the gains are unlikely to be a game-changer unless accompanied by sustained declines in crude prices. The Indian rupee has strengthened in recent sessions as global crude oil prices retreated sharply following easing tensions in West Asia. The
- [Pound-to-Euro Forecast: GBP Hits Ten-Month Best EUR Rate](https://thepoundhub.com/british-pound/pound-to-euro-forecast-gbp-hits-ten-month-best-eur-rate/) - The Pound to Euro (GBP/EUR) exchange rate rose to a ten-month high on Wednesday, as the common currency struggled despite some upbeat German data. At the time of writing, GBP/EUR was trading at €1.1604, having eased off an earlier high but still up on the day. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.1604Euro to
- [Pound-to-Australian Dollar Forecast: GBP Hits Ten-Week High As Aussie Inflation Slows](https://thepoundhub.com/british-pound/pound-to-australian-dollar-forecast-gbp-hits-ten-week-high-as-aussie-inflation-slows/) - The Pound to Australian Dollar (GBP/AUD) exchange rate strengthened on Wednesday, touching a ten-week high as softer Australian inflation data and a cautious market mood weighed on the risk-sensitive Australian Dollar. At the time of writing, GBP/AUD was trading at AU$1.9129, up around 0.2% on the day. Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD):
- [Japanese Yen holds steady as traders are on high alert for intervention](https://thepoundhub.com/asian-currency/japanese-yen-holds-steady-as-traders-are-on-high-alert-for-intervention/) - The USD/JPY pair trades on a flat note near a multi-decade high of around 161.75 during the early Asian trading hours on Thursday. The potential upside for the pair might be limited amid heavy speculation of imminent currency intervention from Japanese authorities. Japan's Finance Minister Satsuki Katayama and US Treasury Secretary Scott Bessent agreed to take steps
- [England Euro 2024 announcement as it happened: Gareth Southgate leaves out Maguire and Grealish](https://thepoundhub.com/euro/england-euro-2024-announcement-as-it-happened-gareth-southgate-leaves-out-maguire-and-grealish/) - 'So important we don't put too much pressure on Wharton'published at 18:48 BST 6 June 202418:48 BST 6 June 2024England announce final Euro 2024 squadEngland Declan Rice on 20-year-old midfielder Adam Wharton: "I think there's a difference, you can see in players who are top level players at 20 and players that are on the
- [5.90% to 5.45%: Why the Pound ignored the bond market’s relief rally](https://thepoundhub.com/british-pound/5-90-to-5-45-why-the-pound-ignored-the-bond-markets-relief-rally/) - Keir Starmer resigned on Monday, and the Pound barely moved. That near-silence is the tell. Sterling's real driver these past four months has not been the prime minister, nor the left-leaning frontrunner lining up to replace him, but the long end of the gilt curve, which answers to a force no British politician controls. Starmer
- [Gold price breaks below $4,000 as US Dollar hits 13-month high](https://thepoundhub.com/dollar/gold-price-breaks-below-4000-as-us-dollar-hits-13-month-high/) - Gold (XAU/USD) price collapses by over 3% on Wednesday during the North American session amid broad US Dollar strength, despite US Treasury yields tumble on speculation that the reopening of the Strait of Hormuz could ease inflationary pressures. At At the time of writing, the XAU/USD pair trades at $3,986, falling below the $4,000 mark
- [Pound Sterling Price News and Forecast: GBP/USD falls as Starmer's resignation weighs on Sterling](https://thepoundhub.com/british-pound/pound-sterling-price-news-and-forecast-gbp-usd-falls-as-starmers-resignation-weighs-on-sterling/) - British Pound falls as Starmer's resignation weighs on SterlingThe GBP/JPY cross came under pressure near the 213.00 level on Wednesday as the British Pound weakened after United Kingdom (UK) Prime Minister Keir Starmer announced he would stand down as Labour Party leader and Prime Minister. The political shock added uncertainty to the UK outlook, with nominations for Labour’s
- [British Pound falls as Starmer's resignation weighs on Sterling](https://thepoundhub.com/british-pound/british-pound-falls-as-starmers-resignation-weighs-on-sterling/) - The GBP/JPY cross came under pressure near the 213.00 level on Wednesday as the British Pound weakened after United Kingdom (UK) Prime Minister Keir Starmer announced he would stand down as Labour Party leader and Prime Minister. The political shock added uncertainty to the UK outlook, with nominations for Labour’s leadership expected to begin on
- [Australian Dollar stays pressured amid cooling Australian inflation](https://thepoundhub.com/dollar/australian-dollar-stays-pressured-amid-cooling-australian-inflation/) - The AUD/USD pair remained under pressure, trading at 0.6890 near a three-month low on Wednesday as investors assessed Australia’s latest inflation figures and now focus on the upcoming United States (US) Personal Consumption Expenditures Price Index (PCE), the Federal Reserve’s preferred inflation gauge.The pair is presently down 0.4% in the American session after losing about
- [Indian students weigh outcomes more as rupee weakness adds costs](https://thepoundhub.com/asian-currency/indian-students-weigh-outcomes-more-as-rupee-weakness-adds-costs/) - A weaker Indian rupee is forcing students and families to reassess the financial realities of studying abroad, as currency volatility adds to rising costs and broader pressures already reshaping international student mobility. India remains one of the world’s largest sources of internationally mobile higher education students, with more than 1.2 million Indians studying overseas in
- [Buy Euros Now or Wait? Pound Reaches Best Euro Rate Since August](https://thepoundhub.com/euro/buy-euros-now-or-wait-pound-reaches-best-euro-rate-since-august/) - The British Pound has climbed to its strongest level against the Euro in around ten months, giving UK holidaymakers a rare opportunity to lock in better value before the peak summer travel season.At the interbank level, the GBP/EUR exchange rate has traded around 1.16, a level not seen since last August. While tourists won't receive
- [Canadian Dollar Forecast: Scotiabank Warns USD/CAD Rally Looks Overextended](https://thepoundhub.com/dollar/canadian-dollar-forecast-scotiabank-warns-usd-cad-rally-looks-overextended/) - The US Dollar to Canadian Dollar (USD/CAD) exchange rate has surged to 1.4240, extending a powerful rally that has carried the pair almost 5% higher since the start of May. Scotiabank notes that the Canadian Dollar has endured a near relentless decline, losing ground against the US Dollar on around 80% of trading days since
- [Canadian Dollar: Yield spreads drive extended CAD slump – Scotiabank](https://thepoundhub.com/dollar/canadian-dollar-yield-spreads-drive-extended-cad-slump-scotiabank/) - Scotiabank strategists Shaun Osborne and Eric Theoret note USD/CAD continues its grind higher, with the Canadian Dollar (CAD) in a near straight-line decline since early May as wider US–Canada yield spreads drive weakness. Short-term technicals are described as neutral/bullish, with a break above the upper 1.41 area opening 1.43–1.45, though an extremely overbought RSI suggests
- [Worley flags FY26 earnings hit from Middle East delays and currency impact](https://thepoundhub.com/currency/worley-flags-fy26-earnings-hit-from-middle-east-delays-and-currency-impact/) - The Worley Ltd (ASX: WOR) share price is in focus after the company flagged a potential hit of up to $60 million to FY26 underlying EBITA from ongoing Middle East conflict disruptions, alongside a $50 million foreign currency translation impact expected in the same period. What did Worley report? No cancellations of Middle East projects
- [US Dollar Rallies, Aussie Slumps As Tech Crash Spreads Across Markets](https://thepoundhub.com/dollar/us-dollar-rallies-aussie-slumps-as-tech-crash-spreads-across-markets/) - The US Dollar strengthened as a sharp sell-off in South Korean equities triggered a broader risk-off move across global markets, weighing heavily on growth-sensitive currencies such as the Australian and New Zealand Dollars. The Australian Dollar came under particular pressure, with AUD/USD falling to an 11-week low as softer inflation data compounded concerns sparked by
- [FX Daily Briefing: Pound Sterling Hits Fresh Highs Against The Euro](https://thepoundhub.com/british-pound/fx-daily-briefing-pound-sterling-hits-fresh-highs-against-the-euro/) - Pound Sterling is trading mixed against major currencies this afternoon as investors digest a sharp improvement in Eurozone business sentiment, a stronger-than-expected rally in global equity markets and continued political developments in the UK following Keir Starmer's resignation earlier this week. While Sterling has strengthened against several commodity-linked currencies, it remains under pressure against the
- [EU countries outside the euro not yet ready to adopt it, Commission says](https://thepoundhub.com/euro/eu-countries-outside-the-euro-not-yet-ready-to-adopt-it-commission-says/) - By Jan Strupczewski BRUSSELS, June 24 (Reuters) - The five European Union countries still using their national currencies, but obliged to eventually switch to the euro, do not meet the ‌criteria to adopt the single currency at this stage, the European Commission said in a ‌regular report on Wednesday. The euro is now used in
- [Pound hits lowest level of the year against the dollar, as falling oil price eases inflation worries – business live | Business](https://thepoundhub.com/british-pound/pound-hits-lowest-level-of-the-year-against-the-dollar-as-falling-oil-price-eases-inflation-worries-business-live-business/) - Pound hits lowest since November against stronger dollarThe pound has hit its lowest level against the US dollar since last November, as the falling oil price eases fears of interest rate rises.Sterling has weakened by half a cent against the dollar today to as low as $1.3145, its weakest level since late November 2025.In truth,
- [Pound edges higher as markets assess UK finance minister outlook](https://thepoundhub.com/british-pound/pound-edges-higher-as-markets-assess-uk-finance-minister-outlook/) - The pound rose to a 10-month high against the euro on Wednesday as investors assessed the political outlook in the UK and the possible shape of a future government under Andy Burnham, who is widely seen as the likely successor to Prime Minister Keir Starmer.Sterling strengthened after markets turned their attention to who could become
- [Indian Rupee declines amid hawkish Fed bets, RBI pushes back rate hike fears](https://thepoundhub.com/asian-currency/indian-rupee-declines-amid-hawkish-fed-bets-rbi-pushes-back-rate-hike-fears/) - The Indian Rupee (INR) trades lower against the US Dollar (USD) on Wednesday, with the USD/INR pair rising to near 94.85. The pair gains as the US Dollar posts a fresh annual high amid firm expectations that the Federal Reserve (Fed) will deliver at least two interest rate hikes this year.At press time, the US
- [How to Buy Canadian Stocks in the UK: TSX Guide for 2026](https://thepoundhub.com/dollar/how-to-buy-canadian-stocks-in-the-uk-tsx-guide-for-2026/) - Currency risk: GBP/CAD One of the most important considerations for UK investors in Canadian stocks is the currency relationship between sterling and the Canadian dollar. Your returns in GBP terms are affected not only by the performance of the stock in Canadian dollars but by how the CAD/GBP exchange rate moves over your holding period.
- [Euro sinks to one-year low as falling oil prices ease pressure on ECB – The Irish Times](https://thepoundhub.com/euro/euro-sinks-to-one-year-low-as-falling-oil-prices-ease-pressure-on-ecb-the-irish-times/) - The euro has fallen to its weakest level in more than a year against a resurgent dollar, as investors bet that falling oil prices and signs of weakness in the economy make the European Central Bank (ECB) less likely to pursue further interest rate rises.The single currency, which Wall Street analysts had expected to hit
- [Australian Dollar: Valuation gap and downside risks – Societe Generale](https://thepoundhub.com/dollar/australian-dollar-valuation-gap-and-downside-risks-societe-generale/) - Societe Generale analysts note AUD/USD remains under pressure, converging on the 0.69 area and the March–April trough near 0.6833, despite a sharp tightening in the 2‑year spread to 39bp. The pair lags bond spreads, while softer Australian inflation and structural selling from lower FX hedge ratios by superannuation funds keep the Australian Dollar vulnerable near
- [Silver Price Forecasts: XAG/USD licks its wounds above $61.00 amid a strong US Dollar](https://thepoundhub.com/dollar/silver-price-forecasts-xag-usd-licks-its-wounds-above-61-00-amid-a-strong-us-dollar/) - Silver (XAG/USD) nurses marginal losses, trading a few cents above the $61.00 level on Wednesday’s European trading session. The pair remains on the defensive following a 5.3% sell-off on Tuesday, as investors brace for Federal Reserve (Fed) interest rate hikes and reports from the Middle East conflict cloud hopes of a durable peace deal.Precious metals
- [British Pound: Head and shoulders signals gains against Euro – Societe Generale](https://thepoundhub.com/british-pound/british-pound-head-and-shoulders-signals-gains-against-euro-societe-generale/) - Societe Generale’s technical analysts observe EUR/GBP has formed a lower peak around 0.8690 below its 200‑day moving average and is pulling back towards the neckline of a Head and Shoulders pattern. The formation points to potential downside, with resistance at 0.8690/0.8700 and projected downside objectives at 0.8565 and 0.8535/0.8520 if the rebound fails.Pattern targets lower
- [Euro extends downfall against US Dollar amid firm Fed hike bets](https://thepoundhub.com/euro/euro-extends-downfall-against-us-dollar-amid-firm-fed-hike-bets/) - The Euro (EUR) extends its losing streak against the US Dollar (USD) for the third trading day on Wednesday, trading 0.25% lower at around 1.1350 during the European session. The major currency pair faces intense selling pressure as the US Dollar outperforms due to firm speculation that the next monetary policy move by the Federal
- [US dollar firm, supported by hawkish Fed outlook - London Business News](https://thepoundhub.com/dollar/us-dollar-firm-supported-by-hawkish-fed-outlook-london-business-news/) - The US Dollar held firm, reaching a multi-year high, as the monetary policy outlook remained hawkish. The Federal Reserve is anticipated to raise interest rates twice this year. The expected tightening could continue to fuel the dollar’s strength and could leave bond yields elevated. Treasury yields could continue to advance in this regard. The 2-year
- [British Pound: Pressure builds on 1.3160 support against US Dollar – UOB](https://thepoundhub.com/british-pound/british-pound-pressure-builds-on-1-3160-support-against-us-dollar-uob/) - United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann stay bearish on GBP/USD after the pair slipped to 1.3183, with downside momentum modest but building. Intraday, he sees scope for a test of the major 1.3160 support, while resistance is at 1.3235. Over 1–3 weeks, they still look for a break below 1.3160,
- [Indian Rupee: Supported by policy measures against US Dollar – Commerzbank](https://thepoundhub.com/asian-currency/indian-rupee-supported-by-policy-measures-against-us-dollar-commerzbank/) - Commerzbank highlights that USD/INR has stabilised between 94.00 and 95.00 since mid-June, trading near 94.74. The range-bound behaviour follows a coordinated package from the Indian government and RBI to attract foreign inflows, including expanded FAR access, tax exemptions, subsidised FX swaps, and favourable treatment of FCNR(B) hedges and lending, which could draw USD30–50 billion.Reform measures
- [AUD/USD hits 11-week low as resurgent US dollar meets mixed Australian CPI](https://thepoundhub.com/dollar/aud-usd-hits-11-week-low-as-resurgent-us-dollar-meets-mixed-australian-cpi/) - Mixed inflation data sends conflicting signals AUD/USD has fallen to an 11-week low of 0.6899 following this morning’s Australian consumer price index (CPI) release, its lowest level since early April. The ‘Aussie Battler’, as it is fondly known, has now dropped more than 5% from the 0.7277 high struck in early May. Today’s Australian inflation update
- [How Caribbean professionals can access USD accounts](https://thepoundhub.com/dollar/how-caribbean-professionals-can-access-usd-accounts/) - CARIBBEAN professionals have always had the skills to compete globally. What has held many people back is not capability — it is infrastructure. The Internet made it possible for someone in Jamaica, Trinidad and Tobago, Barbados, St Lucia, or Guyana to freelance for US clients, build agencies, run ecommerce businesses, earn from YouTube, work remotely
- [Pound To New Zealand Dollar Price News, Forecast: GBP Nears Yearly High As Kiwi Struggles](https://thepoundhub.com/british-pound/pound-to-new-zealand-dollar-price-news-forecast-gbp-nears-yearly-high-as-kiwi-struggles/) - The Pound to New Zealand Dollar (GBP/NZD) exchange rate pushed towards a fresh year-to-date high on Tuesday as a stronger US Dollar and cautious market sentiment weighed on the risk-sensitive New Zealand Dollar. At the time of writing, GBP/NZD was trading around NZ$2.3241, up roughly 0.3% on the day. Latest — Exchange Rates:Pound to New
- [Australian Dollar hangs near April lows vs USD; bears eye 0.6900 break](https://thepoundhub.com/dollar/australian-dollar-hangs-near-april-lows-vs-usd-bears-eye-0-6900-break/) - The AUD/USD pair turns lower for the third straight day following a modest Asian session uptick to the 0.6920-0.6925 area and drops to a fresh low since April 7 on Wednesday. Bears now await a sustained breakdown and acceptance below the 0.6900 mark before positioning for an extension of the recent pullback from a four-year
- [Indian Rupee Slips as US Dollar Hits One-Year High; Domestic Equities Edge Higher](https://thepoundhub.com/asian-currency/indian-rupee-slips-as-us-dollar-hits-one-year-high-domestic-equities-edge-higher/) - Business oi-Prakash KL Published: Wednesday, June 24, 2026, 10:17 [IST] The Indian rupee weakened by 17 paise to open at 94.93 against the US dollar on Wednesday, facing pressure from a buoyant greenback that has climbed to a more-than-one-year high. This strength in the American currency is being driven by mounting expectations of a Federal
- [Canadian Dollar strengthens despite hawkish Fed expectations](https://thepoundhub.com/dollar/canadian-dollar-strengthens-despite-hawkish-fed-expectations/) - The USD/CAD pair edges lower to around 1.4205 during the Asian trading hours on Wednesday. Nonetheless, the potential downside for the pair might be limited amid rising expectations of a Federal Reserve (Fed) rate hike this year. The US May Personal Consumption Expenditures (PCE) Price Index (PCE) data will take center stage later on Thursday. Iran’s
- [Digital Currency: EU Parliament sets course for digital euro](https://thepoundhub.com/euro/digital-currency-eu-parliament-sets-course-for-digital-euro/) - The EU Parliament's Committee on Economic and Monetary Affairs (ECON) adopted its position on the digital euro on Tuesday. With a clear majority, the MEPs voted for the legal basis of a digital European central bank currency. Parliament's negotiators had already achieved a breakthrough at the beginning of June. The prestige project thus takes the
- [Gold price slides as AI rout fuels US Dollar flight](https://thepoundhub.com/dollar/gold-price-slides-as-ai-rout-fuels-us-dollar-flight/) - Gold price (XAU/USD) erases Monday’s gains, diving over 1.30% on Tuesday, pressured by broad US Dollar strength, driven by a hawkish Federal Reserve, as well as a risk-off mood that is driving flows toward the Greenback's safe-haven appeal. The XAU/USD trades at $4,139, after reaching a daily high of $4,198.XAU/USD falls as Dollar strength and
- [Pound Sterling Price News and Forecast: GBP/USD falls amid UK political uncertainty and hot US PMI](https://thepoundhub.com/british-pound/pound-sterling-price-news-and-forecast-gbp-usd-falls-amid-uk-political-uncertainty-and-hot-us-pmi/) - British Pound falls amid UK political uncertainty and hot US PMIThe Pound Sterling (GBP) dives over 0.40% on Tuesday as risk appetite shifts sour, as the recently sworn-in MP Andy Burnham prepares to succeed Prime Minister Keir Starmer, who lasted two years at the job. At the time of writing, GBP/USD trades at 1.3195, after
- [British Pound falls amid UK political uncertainty and hot US PMI](https://thepoundhub.com/british-pound/british-pound-falls-amid-uk-political-uncertainty-and-hot-us-pmi/) - The Pound Sterling (GBP) dives over 0.40% on Tuesday as risk appetite shifts sour, as the recently sworn-in MP Andy Burnham prepares to succeed Prime Minister Keir Starmer, who lasted two years at the job. At the time of writing, GBP/USD trades at 1.3195, after reaching a daily high of 1.3257.GBP/USD drops as UK political
- [British Pound Today: Weak UK Business Surveys Reinforce Case For BoE Rates On Hold](https://thepoundhub.com/british-pound/british-pound-today-weak-uk-business-surveys-reinforce-case-for-boe-rates-on-hold/) - The Pound Sterling slipped against the US Dollar on Monday as fresh business surveys pointed to slowing economic momentum and easing price pressures, reinforcing expectations that the Bank of England will leave rates unchanged for the rest of the year. The Pound to Dollar exchange rate (GBP/USD) traded at 1.3191, down 0.43%, while the Pound
- [Euro area: PMIs signal weak activity and sticky prices – Nomura](https://thepoundhub.com/euro/euro-area-pmis-signal-weak-activity-and-sticky-prices-nomura/) - Nomura strategists note Euro area business activity stayed in contraction in June, with the composite PMI at 49.5 despite a small rise. Price indices fell but remain well above 50, especially in manufacturing, leaving upward price pressures elevated compared with February and before the Iran war shock.Euro area PMIs show contraction and price risks"Euro area
- [GBP/USD Forecast Note for the Week (23 June 2026)](https://thepoundhub.com/british-pound/gbp-usd-forecast-note-for-the-week-23-june-2026/) - Summary:Ahead of Friday's Core PCE Price Index data, the GBP/USD saw Monday's brief rally capped and the downside march to 1,317 resumes. Current Setup and Live Chart GBP/USD came under pressure from a combination of central bank-related factors. The hawkish repricing of Fed rate expectations and a cautious tone from the Bank of England allowed
- [Why Euro-Pound Refuses To Move Despite Fresh Economic Data](https://thepoundhub.com/euro/why-euro-pound-refuses-to-move-despite-fresh-economic-data/) - The Euro and Pound Sterling were little changed after mixed PMI data from both economies reinforced a picture of stagnation rather than recession, leaving EUR/GBP stuck in its familiar 0.86–0.87 trading range. While manufacturing activity continues to provide some support, weakness in the services sector is preventing either economy from building meaningful momentum, limiting the
- [Pound Sterling And FTSE Defy Political Turmoil](https://thepoundhub.com/british-pound/pound-sterling-and-ftse-defy-political-turmoil/) - The Pound Sterling and FTSE 100 both moved higher after Prime Minister Keir Starmer announced his resignation, as markets looked beyond the immediate political uncertainty and focused on the prospect of policy continuity under a new Labour leader. Pound Sterling recovered early losses against both the euro and US dollar, while UK equities gained as
- [Digital euro will not replace cash, says Central Bank of Cyprus official](https://thepoundhub.com/euro/digital-euro-will-not-replace-cash-says-central-bank-of-cyprus-official/) - Digital euro to offer offline payments by 2030 The digital euro will offer offline transactions, physical cards for people who do not use smart devices and a full rollout by 2030, according to Central Bank of Cyprus (CBC) payments director Stelios Georgakis. Speaking to the Cyprus News Agency (CNA), Georgakis explained that the digital euro
- [Why is Indian Rupee falling even as oil prices remain lower?](https://thepoundhub.com/asian-currency/why-is-indian-rupee-falling-even-as-oil-prices-remain-lower/) - The Indian Rupee (INR) trades lower against the US Dollar (USD) on Tuesday. The USD/INR pair rises to near 94.85 as a firm US Dollar due to escalated hawkish Federal Reserve (Fed) bets has faded the impact of lower oil prices amid progress in the United States (US)-Iran peace talks for a lasting deal.During press
- [Euro area faces growth slowdown due to geopolitical tensions](https://thepoundhub.com/euro/euro-area-faces-growth-slowdown-due-to-geopolitical-tensions/) - Lagarde signals further vigilance as ECB lifts interest ratesThe European Central Bank (ECB) this week delivered a firm signal regarding its monetary policy direction as the euro area navigates a period of heightened geopolitical tension and persistent economic uncertainty. Speaking before the European Parliament’s Committee on Economic and Monetary Affairs on Monday, the ECB president
- [GBP/JPY Price Forecasts: Pound retreats to 213.20, lacking a clear bias](https://thepoundhub.com/british-pound/gbp-jpy-price-forecasts-pound-retreats-to-213-20-lacking-a-clear-bias/) - The British Pound (GBP) pares Monday’s gains against the Japanese Yen (JPY) on Tuesday, weighed down by higher intervention risks and downbeat UK business activity figures. The GBP/JPY pair pulled back to session lows of 213.20 during the European Trading session, from Monday's 214.70 highs, but remains wavering without a clear bias within the last
- [Technical analysis of the FTSE 100, GBP/USD as both slide while US natural gas prices remain bid.](https://thepoundhub.com/british-pound/technical-analysis-of-the-ftse-100-gbp-usd-as-both-slide-while-us-natural-gas-prices-remain-bid/) - Macro update Megacap technology stocks weigh on Wall Street: The S&P 500 declined 0.37% and the Nasdaq fell 1.32% on Monday as major technology names came under pressure, with Alphabet dropping 5% and SpaceX sliding 16.4% following its inaugural debt issuance, while the Dow Jones managed a 0.29% gain thanks to strength in healthcare and
- [Why is Indian Rupee falling despite lower oil prices?](https://thepoundhub.com/asian-currency/why-is-indian-rupee-falling-despite-lower-oil-prices/) - The Indian Rupee (INR) trades lower against the US Dollar (USD) during India's afternoon trading hours on Tuesday. The USD/INR pair rises to near 94.85 as a firm US Dollar due to escalated hawkish Federal Reserve (Fed) bets has faded the impact of lower oil prices amid progress in the United States (US)-Iran peace talks
- [USD/CHF Forecast: Holds near November 2025 high as bulls eye 0.8100](https://thepoundhub.com/dollar/usd-chf-forecast-holds-near-november-2025-high-as-bulls-eye-0-8100/) - The USD/CHF pair trades with a positive bias for the fifth straight day on Tuesday, near its highest level since November 2025, with bulls awaiting sustained strength above the 0.8100 mark before positioning for further gains.The US Dollar (USD) has climbed to a fresh high since May 2025 in the face of persistent geopolitical uncertainties
- [Indian Rupee struggles for direction amid firm US Dollar, lower oil prices](https://thepoundhub.com/asian-currency/indian-rupee-struggles-for-direction-amid-firm-us-dollar-lower-oil-prices/) - The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) on Tuesday. The USD/INR pair holds on to Monday’s gains around 94.70 and is expected to remain in a limited range, as a firm US Dollar due to escalated hawkish Federal Reserve (Fed) bets has capped the upside, while lower oil
- [EU bets on digital euro to cut US tech addiction](https://thepoundhub.com/euro/eu-bets-on-digital-euro-to-cut-us-tech-addiction/) - BRUSSELS: The European Union (EU) believes a digital euro is the answer to cutting its addiction to United States payment systems like Visa and Mastercard, as well as Apple Pay and Google Pay, as the bloc seeks to favour European firms over others.Brussels hopes it could provide an alternative local option for any payments in
- [Pound To Dollar Price Forecast: GBP Defends 11-Week Low As Starmer Resigns](https://thepoundhub.com/british-pound/pound-to-dollar-price-forecast-gbp-defends-11-week-low-as-starmer-resigns/) - The Pound to Dollar (GBP/USD) exchange rate traded in a narrow range at the start of the week as markets digested Prime Minister Keir Starmer's resignation while ongoing uncertainty surrounding Middle East negotiations helped underpin the US Dollar. At the time of writing, GBP/USD was trading at $1.3221, little changed on the day and hovering
- [FX Daily Briefing: Pound Sterling Finds Support As Markets Reassess UK Risks](https://thepoundhub.com/british-pound/fx-daily-briefing-pound-sterling-finds-support-as-markets-reassess-uk-risks/) - Pound Sterling treaded with a firmer tone against most major currencies at the start of the week as investors continued to digest the political fallout from Keir Starmer's resignation and the growing likelihood that Andy Burnham will become the next Labour leader. Financial markets have remained relatively calm following Burnham's Makerfield by-election victory, with UK
- [Indian Rupee grinds between firm US Dollar and lower oil prices](https://thepoundhub.com/asian-currency/indian-rupee-grinds-between-firm-us-dollar-and-lower-oil-prices/) - The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) on Tuesday. The USD/INR pair holds on to Monday’s gains around 94.70 and is expected to remain in a limited range, as a firm US Dollar due to escalated hawkish Federal Reserve (Fed) bets has capped the upside, while lower oil
- [Rupee falls 6 paise to 94.69 against US dollar in early trade](https://thepoundhub.com/asian-currency/rupee-falls-6-paise-to-94-69-against-us-dollar-in-early-trade/) - "While easing crude oil prices amid progress in US-Iran talks may offer some support to the rupee, the Fed's hawkish stance and higher inflation outlook are likely to keep gains limited. Meanwhile, India's infrastructure output growth slowed to 0.5 per cent in May, signaling a moderation in economic activity," Yadav said."The rupee will remain in
- [British Pound weakens below 1.3250 as UK Prime Minister Keir Starmer resigns](https://thepoundhub.com/british-pound/british-pound-weakens-below-1-3250-as-uk-prime-minister-keir-starmer-resigns/) - The GBP/USD pair loses ground to near 1.3245 during the early Asian trading hours on Tuesday. Political uncertainty in the United Kingdom (UK) continues to weigh on the British Pound (GBP) against the US Dollar (USD). The preliminary readings of the S&P Global Purchasing Managers Index (PMI) from both the US and the UK are
- [Euro moves little amid market caution on ongoing US-Iran talks](https://thepoundhub.com/euro/euro-moves-little-amid-market-caution-on-ongoing-us-iran-talks/) - EUR/USD steadies after registering modest losses in the previous day, trading around 1.1430 during the Asian hours on Tuesday. The currency pair remains locked in a tight range as traders closely monitor diplomatic developments surrounding ongoing talks between Washington and Tehran in Bürgenstock, Switzerland.According to a CNBC report on Tuesday, US Vice President JD Vance
- [Pound Sterling braces for a heavy week as Westminster empties out](https://thepoundhub.com/british-pound/pound-sterling-braces-for-a-heavy-week-as-westminster-empties-out/) - The British Pound enters the new week on the back foot, having come within a whisker of fresh seven-month lows before steadying into a tentative bounce that has done little to change the bigger picture. Cable now carries a double burden, with a domestic political vacuum opening up after Keir Starmer's resignation and a global
- [Pound Tumbles Towards Yearly Low Over UK Political Crisis • Channels Television](https://thepoundhub.com/british-pound/pound-tumbles-towards-yearly-low-over-uk-political-crisis-channels-television/) - The British pound Sterling is currently trading toward its lowest point of the year as political instability in the United Kingdom has turned the sterling into a tailspin. Numerous media outlets reported a resignation timetable for UK Prime Minister Sir Keir Starmer to avert an unceremonious ousting following a startling landslide victory for Labour
- [British Pound Today: Why Markets Are Relieved By Starmer's Departure](https://thepoundhub.com/british-pound/british-pound-today-why-markets-are-relieved-by-starmers-departure/) - The Pound Sterling stabilised following Prime Minister Keir Starmer's resignation, but UK economists at Pantheon Macroeconomics believe political developments continue to offset much of the positive impact from falling oil prices. The Pound to Dollar exchange rate (GBP/USD) traded near 1.33, while the Pound to Euro exchange rate (GBP/EUR) remained close to 1.16. Pantheon argues
- [AUD/JPY Price Forecast: Bears defend 50-day SMA as intervention risks linger](https://thepoundhub.com/dollar/aud-jpy-price-forecast-bears-defend-50-day-sma-as-intervention-risks-linger/) - AUD/JPY extends its sideways price action on Monday near levels last seen in September 1990, as persistent weakness in the Japanese Yen (JPY) keeps the cross supported while fears of another intervention by Japanese authorities limit further gains. At the time of writing, the cross is trading around 113.00, easing from an intraday high of
- [Pound under pressure as Sir Keir Starmer resigns as prime minister - Yahoo Finance UK](https://thepoundhub.com/british-pound/pound-under-pressure-as-sir-keir-starmer-resigns-as-prime-minister-yahoo-finance-uk/) - Pound under pressure as Sir Keir Starmer resigns as prime minister Yahoo Finance UKPound Trades Near 2026 Low as UK Political Uncertainty Builds Bloomberg.comPound dips as Keir Starmer exit rumours continue to grow The IndependentBritain's pound weighed down, Starmer resignation clouds fiscal outlook ReutersFTSE 100 Live: Stocks and pound climb as Starmer resigns, Babcock falls on results Proactive InvestorsPound Sterling
- [Pound falls to near 2026 low as UK’s Starmer resigns](https://thepoundhub.com/british-pound/pound-falls-to-near-2026-low-as-uks-starmer-resigns/) - UK Prime Minister Sir Keir Starmer announces his resignation outside 10 Downing Street, London. Andrew Matthews/PA Images via Getty Images The pound traded near this year’s low as Keir Starmer said he would step down as Britain’s prime minister, with traders weighing whether a new Labour administration could revive concerns over the UK’s fiscal
- [Rupee falls to 94.68 on higher dollar demand - Market News](https://thepoundhub.com/asian-currency/rupee-falls-to-94-68-on-higher-dollar-demand-market-news/) - The Indian rupee fell on Monday due to stronger dollar demand, ending its six-day gaining streak. The domestic currency declined 35 paise to 94.68 against the dollar, according to Bloomberg data. The fall occurred despite oil prices trending lower at around the $79 per barrel level. “The rupee has depreciated today (Monday) mainly due to
- [British Pound: Political risks and BoE path shape outlook – Nomura](https://thepoundhub.com/british-pound/british-pound-political-risks-and-boe-path-shape-outlook-nomura/) - Nomura’s Dominic Bunning highlights that British Pound (GBP) has reacted calmly to Keir Starmer’s resignation, with investors focusing on the prospect of Andy Burnham becoming Prime Minister and his choice of Chancellor. Bunning argues that GBP’s medium-term path will be driven more by the BoE’s relatively dovish reaction function and narrowing policy rate differentials than
- [Why Is the Pound Falling? Sterling Nears 2026 Low After Starmer's Resignation](https://thepoundhub.com/british-pound/why-is-the-pound-falling-sterling-nears-2026-low-after-starmers-resignation/) - The British pound fell close to its 2026 low on Monday as Prime Minister Keir Starmer announced his resignation, renewing concerns about the UK's economy, public finances, and fiscal outlook.Sterling briefly slipped to $1.3181 against the US dollar, approaching its 2026 low of $1.3159 recorded in March. Although the currency later pared some losses, analysts
- [Pound Sterling Gains As Starmer Steps Down, But Citi Remains Bearish](https://thepoundhub.com/british-pound/pound-sterling-gains-as-starmer-steps-down-but-citi-remains-bearish/) - The Pound Sterling traded firmer against most major currencies after Prime Minister Keir Starmer formally announced his resignation, ending weeks of speculation over his political future. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.15859 (+0.55%)Pound to Dollar (GBP/USD): 1.32575 (+0.38%)Euro to Dollar (EUR/USD): 1.14428 (-0.17%) According to Citi, financial markets had largely anticipated Starmer's departure
- [Pound holds firm as Starmer confirms he will stand down](https://thepoundhub.com/british-pound/pound-holds-firm-as-starmer-confirms-he-will-stand-down/) - For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emailsSign up to our free breaking news emailsSign up to our free breaking news emailsThe FTSE 100 rose on Monday, and the pound made headway, as Prime Minister Sir Keir Starmer confirmed he was stepping down and
- [UK Prime Minister Keir Starmer steps down: Why is the British Pound appreciating?](https://thepoundhub.com/british-pound/uk-prime-minister-keir-starmer-steps-down-why-is-the-british-pound-appreciating/) - The British Pound (GBP) is. showing the strongest performance among the major currencies on Monday, rallying 0.3% against the Japanese Yen, 0.14% against the Euro, and ticking up 0.05% against the Dollar after reversing previous losses. The market has welcomed Sir Keir Starmer’s decision to step down as UK Prime Minister and Leader of the
- [British Pound Weakens, UK Markets Wobble After Keir Starmer Steps Down](https://thepoundhub.com/british-pound/british-pound-weakens-uk-markets-wobble-after-keir-starmer-steps-down/) - UK's 10-year gilt yields are at around 4.85 percent, not far off their highest since the 2008 financial crisis, implying Britain must pay more for its medium-term borrowing needs than any other developed nation. "The question is, is it going to be a coronation or a contest? If it's a coronation, then I think we
- [British Pound edges up above 1.3200 after PM Keir Starmer’s resignation](https://thepoundhub.com/british-pound/british-pound-edges-up-above-1-3200-after-pm-keir-starmers-resignation/) - The British Pound (GBP) nudged up above 1.3200 against the US Dollar (USD) on Monday and maintains a mild positive tone, despite news that Sir Keir Starmer resigned as Prime Minister of the United Kingdom and Leader of the Labour Party.Starmer appeared outside 10 Downing Street earlier on Monday to announce his resignation, adding that
- [Pound-to-Canadian Dollar Weekly Forecast: GBP Slips As Investors Scale Back UK Rate Expectations](https://thepoundhub.com/dollar/pound-to-canadian-dollar-weekly-forecast-gbp-slips-as-investors-scale-back-uk-rate-expectations/) - The Pound to Canadian Dollar (GBP/CAD) exchange rate drifted lower last week as investors pared back expectations for future Bank of England tightening following a cautious policy update and renewed political uncertainty in the UK. At the time of writing, GBP/CAD was trading around CA$1.8670, down roughly 0.4% on the week. Latest — Exchange Rates:Pound
- [Pound falls as pressure builds on PM Starmer to quit](https://thepoundhub.com/british-pound/pound-falls-as-pressure-builds-on-pm-starmer-to-quit/) - * Sterling nears three-month lows, speculation on Starmer departure builds* Options markets ​show higher ⁠demand for pound volatility hedges* UK 10-year gilt yields hover ​around 4.85%, not far from 2008 peaks (Adds comment, updates prices)LONDON, June 22 (Reuters) - The pound eased on Monday as speculation mounted that Prime Minister Keir ​Starmer ‌could set out
- [Pound under pressure as Starmer exit speculation rattles markets](https://thepoundhub.com/british-pound/pound-under-pressure-as-starmer-exit-speculation-rattles-markets/) - The pound weakened on Monday as investors assessed mounting speculation that British Prime Minister Keir Starmer could soon set out a timetable for his departure, opening the door for Andy Burnham to emerge as the country’s next leader.Sterling was down 0.2% at $1.321.The currency has now lost around 3% since pressure on Starmer began to
- [Euro: Pressured as US Dollar stays firm – Danske Bank](https://thepoundhub.com/dollar/euro-pressured-as-us-dollar-stays-firm-danske-bank/) - Danske Research Team notes that EUR/USD extended its latest decline on Friday, breaking firmly below the 1.15 mark as European yields rose in a bearish steepening. They highlight that developments in the Middle East and prospects of incoming tightening from the Fed are supporting the US Dollar (USD). Their latest FX Forecast Update maintains a
- [Pound To New Zealand Dollar Week Ahead Forecast: GBP Higher After Volatile Week Of Politics, Data](https://thepoundhub.com/british-pound/pound-to-new-zealand-dollar-week-ahead-forecast-gbp-higher-after-volatile-week-of-politics-data/) - The Pound to New Zealand Dollar (GBP/NZD) exchange rate experienced a volatile week as investors navigated central bank decisions, political developments, shifting risk sentiment and a run of economic data from both countries. At the time of writing, GBP/NZD was trading around NZ$2.3042, up approximately 0.2% on the week. Latest — Exchange Rates:Pound to New
- [British Pound: Weak bias against US Dollar with key support in focus – UOB](https://thepoundhub.com/british-pound/british-pound-weak-bias-against-us-dollar-with-key-support-in-focus-uob/) - United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that GBP/USD remains in a corrective phase after testing April’s low near 1.3160 and rebounding. They expect near-term range trading between 1.3170 and 1.3245, but maintain a negative 1–3 week view, seeing potential for a break below 1.3160 as long as resistance at
- [Investors shun UK bonds after Starmer quits  – latest updates](https://thepoundhub.com/british-pound/investors-shun-uk-bonds-after-starmer-quits-latest-updates/) - Andy Burnham must tackle the state pension triple lock, control welfare spending, stop runaway growth in the NHS budget, according to Jim O’Neill.The former Goldman Sachs chief economist, who sits as a crossbench peer in the House of Lords, is advising the MP for Makerfield.He called on the former mayor of Greater Manchester to “get
- [Pound To Australian Dollar Price Forecast: GBP Slides As BoE, Politics Weigh](https://thepoundhub.com/dollar/pound-to-australian-dollar-price-forecast-gbp-slides-as-boe-politics-weigh/) - The Pound to Australian Dollar (GBP/AUD) exchange rate came under sustained pressure last week as a dovish Bank of England policy decision and heightened UK political uncertainty weighed on Sterling. At the time of writing, GBP/AUD was trading around AU$1.8831, down roughly 1% on the week. Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD): 1.88802Pound
- [UK political crisis sends Pound tumbling toward yearly low against Naira](https://thepoundhub.com/british-pound/uk-political-crisis-sends-pound-tumbling-toward-yearly-low-against-naira/) - Numerous media outlets reported a resignation timetable for UK Prime Minister Sir Keir Starmer to avert an unceremonious ousting following a startling landslide victory for Labor and intra-party rival Andy Burnham in a recent by-election in Greater Manchester. The British pound Sterling is currently trading toward its lowest point of the year against the Nigerian
- [Pound falls to two-month low amid leadership chaos – latest updates](https://thepoundhub.com/british-pound/pound-falls-to-two-month-low-amid-leadership-chaos-latest-updates/) - Thanks for joining me. The pound dipped to a two-month low as Sir Keir Starmer is on the brink of resigning as prime minister. Here is what you need to know.5 things to start your day1) Chancellor Yvette Cooper? City traders seek reassurance in leadership turmoil | Foreign Secretary could alleviate fears of lurch to
- [Euro area records €16 billion surplus in April](https://thepoundhub.com/euro/euro-area-records-e16-billion-surplus-in-april/) - The euro area current account recorded a surplus of €16 billion in April 2026, marking an increase from the €15 billion surplus observed in the previous month, according to data from the European Central Bank (ECB). This monthly figure was supported by surpluses in goods and services, which reached €17 billion and €15 billion respectively.
- [Indian Rupee holds gains as Iran touts progress in deal with US](https://thepoundhub.com/asian-currency/indian-rupee-holds-gains-as-iran-touts-progress-in-deal-with-us/) - The Indian Rupee (INR) trades firmly against the US Dollar (USD) in the opening session on Monday. The USD/INR pair holds onto losses near its over six-week low at around 94.25 as oil prices resume their downside journey, following positive commentary from Iran towards ongoing negotiations over the peace deal with the United States (US).At
- [Pound To Euro Week-Ahead Forecast: GBP One-Month Low After BoE, Inflation Blow](https://thepoundhub.com/british-pound/pound-to-euro-week-ahead-forecast-gbp-one-month-low-after-boe-inflation-blow/) - The Pound to Euro (GBP/EUR) exchange rate weakened through most of last week, touching a one-month low after softer UK inflation data and a cautious Bank of England policy decision weighed on Sterling. At the time of writing, GBP/EUR was trading around €1.1547, down more than 0.3% on the week. Latest — Exchange Rates:Pound to
- [RBI Measures Ease Rupee Stress, But Global Risks Remain: Report](https://thepoundhub.com/asian-currency/rbi-measures-ease-rupee-stress-but-global-risks-remain-report/) - Recent policy interventions by the Reserve Bank of India (RBI) and the government have helped ease pressure on the Indian rupee, but structural risks linked to global capital flows and prospective US monetary tightening continue to cloud the currency’s outlook, according to a report by Elara Securities.The brokerage said FY27 is likely to be a
- [Indian Rupee Outlook FY27: Resilience Amidst Structural Risks and Fed Hikes](https://thepoundhub.com/asian-currency/indian-rupee-outlook-fy27-resilience-amidst-structural-risks-and-fed-hikes/) - India’s rupee has stepped back from the brink in recent weeks, helped by cooling geopolitical risks and an aggressive policy push to draw foreign money into government debt. However, experts believe the currency’s relief rally masks deeper structural vulnerabilities that could re‑emerge once the next US rate‑hike cycle gets underway and global foreign direct investment
- [GBP/USD forecast: death cross nears as Keir Starmer’s resignation odds jump](https://thepoundhub.com/british-pound/gbp-usd-forecast-death-cross-nears-as-keir-starmers-resignation-odds-jump/) - The GBP/USD exchange rate came under pressure on Monday morning as investors reacted to the ongoing political uncertainty in the UK. It retreated to 1.3224, down sharply from last week’s high of 1.3460.The GBP/USD pair retreated sharply as investors remained concerned about the UK’s political situation. According to The Guardian, Keir Starmer, who led the
- [Pound nears yearly low as Starmer departure speculation mounts](https://thepoundhub.com/british-pound/pound-nears-yearly-low-as-starmer-departure-speculation-mounts/) - The British pound has been near its lowest level this year amid speculation that UK Prime Minister Keir Starmer might soon announce a timetable for his departure. The currency’s weakness reflects market concerns over potential political instability in the UK, as Starmer faces pressure from within his party following recent political setbacks. Reports from Bloomberg
- [Euro declines to near 1.1450 amid concerns over progress for US-Iran peace deal](https://thepoundhub.com/euro/euro-declines-to-near-1-1450-amid-concerns-over-progress-for-us-iran-peace-deal/) - The EUR/USD pair drifts lower to around 1.1460 during the early Asian session on Monday. Concerns about progress for the US-Iran peace deal and expectations of higher US interest rates boost a safe-haven currency such as the US Dollar (USD) against the Euro (EUR). European Central Bank (ECB) President Christine Lagarde is set to speak
- [AUD/USD extends losing streak as markets brace for Australian CPI and jobs figures](https://thepoundhub.com/dollar/aud-usd-extends-losing-streak-as-markets-brace-for-australian-cpi-and-jobs-figures/) - Upcoming key reports Looking ahead, AUD/USD will be driven by Wednesday’s May consumer price index (CPI) report and Thursday’s labour force report, both previewed below. From the US perspective, further updates from the Middle East talks and Thursday night’s core personal consumption expenditures (PCE) inflation data will be key influences. CPI May Date: Wednesday, 24
- [British Pound declines to near 1.3200 as UK PM Starmer expected to resign](https://thepoundhub.com/british-pound/british-pound-declines-to-near-1-3200-as-uk-pm-starmer-expected-to-resign/) - The GBP/USD pair faces some selling pressure near 1.3210 during the early Asian trading hours on Monday, pressured by UK political uncertainty. The British Pound (GBP) softens against the US Dollar (USD) after the reports that UK Prime Minister Sir Keir Starmer is expected to resign to make way for a new leader.Bloomberg reported on
- [Rupee: Currency crash, visa crackdowns force Indian students to rethink foreign education](https://thepoundhub.com/asian-currency/rupee-currency-crash-visa-crackdowns-force-indian-students-to-rethink-foreign-education/) - "The market is clearly showing signs of slowing down. We've already seen enrolments to the UK and US fall by 20% over the last two years, and I expect another 10-15% decline from those levels going forward," Sushil Sukhwani, founder of Edwise International, which sends thousands of Indian students to universities abroad each year, told
- [UEFA make decision on hydration breaks for Euro 2028 in UK and Ireland](https://thepoundhub.com/euro/uefa-make-decision-on-hydration-breaks-for-euro-2028-in-uk-and-ireland/) - FIFA have faced backlash for enforcing a three-minute hydration break in each half of every match at the 2026 World Cup, and there've been concerns that UEFA could do the same for Euro 2028Hydration breaks have caused a stir at the World Cup(Image: Michael Steele/Getty Images)UEFA will not implement mandatory hydration breaks at Euro 2028
- [Dollar Tree Bests Walmart on These 8 Summer Items](https://thepoundhub.com/dollar/dollar-tree-bests-walmart-on-these-8-summer-items/) - Which summer essentials should you buy at Dollar Tree instead of Walmart? We carefully combed the Dollar Tree website for summer must-haves and compared the prices to similar Walmart offerings.The result? Shoppers save anywhere from a few dollars to $10, snagging these items at the discount retailer compared to the big-box chain.Find Out: I'm a
- [UEFA delivers verdict on hydration breaks at Euro 2028 after World Cup controversy](https://thepoundhub.com/euro/uefa-delivers-verdict-on-hydration-breaks-at-euro-2028-after-world-cup-controversy/) - Follow us on Google Discover UEFA has made clear that Euro 2028 will not copy FIFA’s controversial World Cup hydration-break model unless the weather demands it.The decision matters because football’s newest stoppage has become one of the biggest talking points of the 2026 World Cup.Similar pauses have happened at Euros before, including England vs. Slovakia
- [Could The Pound Sterling Fall Further? Rabobank Thinks So](https://thepoundhub.com/british-pound/could-the-pound-sterling-fall-further-rabobank-thinks-so/) - Pound Sterling Forecast: Rabobank Warns of a "Long, Hot Summer" for GBP The British Pound has stabilised after a difficult few weeks, but foreign exchange analysts at Rabobank believe Sterling still faces significant political and monetary-policy headwinds that could limit any recovery. The Pound to Dollar exchange rate (GBP/USD) traded at 1.3235 on Friday, close
- [The digital Euro debate: Who controls your money?](https://thepoundhub.com/euro/the-digital-euro-debate-who-controls-your-money/) - In March 2023 European Central Bank (ECB) chief Christine Lagarde fell for a prank call where she unwittingly revealed that Europe’s central bank digital currency, the digital euro, will have a “limited amount of control”. Though anecdotal, it was one more cog in the general direction of travel where physical cash gets pushed aside by
- [Rupee Recovery Boosts Market Mood, FPIs Likely To Return As Foreign Selling Pressure Eases](https://thepoundhub.com/asian-currency/rupee-recovery-boosts-market-mood-fpis-likely-to-return-as-foreign-selling-pressure-eases/) - Foreign portfolio investors may return to Indian markets as the rupee strengthens and market fundamentals improve. | New Delhi: Foreign portfolio investors (FPIs) may reduce their selling in Indian stock markets as the rupee continues to recover against the US dollar, analysts said. Market experts believe a stronger rupee is improving confidence among global investors
- [FPIs likely to return to Indian markets over rupee recovery](https://thepoundhub.com/asian-currency/fpis-likely-to-return-to-indian-markets-over-rupee-recovery/) - New Delhi: Rupee is likely to appreciate further in the coming weeks and in the context of appreciating domestic currency, foreign portfolio investors (FPIs) are unlikely to sell significantly going forward, analysts said on Sunday. The better-than-expected FY26 earnings growth of 15.6 per cent for Nifty 500 is providing fundamental support and resilience to the
- [FX and Currency Forwards: All You Need to Know](https://thepoundhub.com/currency/fx-and-currency-forwards-all-you-need-to-know/) - Selling a forex forward Similarly, you would sell an FX forward contract if you think the quote will rise against the base currency over a certain time period. For example, if EUR/USD is trading at 1.1900, with a buy price of 1.1910 and a sell price of 1.1890. You believe USD will rise against EUR
- [Will The Rupee Recovery Last?](https://thepoundhub.com/asian-currency/will-the-rupee-recovery-last/) - The Indian rupee has been hitting the headlines frequently since the beginning of the year. The domestic currency fell to a new low of 96.96 against the dollar in May this year. It has since recovered and is currently at 94.3,3 down 6 per cent for the year so far.The US-Iran peace deal, which has
- [Euro To Dollar Forecast: UBS Sees EUR/USD Recovering To 1.20 In 2027](https://thepoundhub.com/euro/euro-to-dollar-forecast-ubs-sees-eur-usd-recovering-to-1-20-in-2027/) - The Euro to Dollar (EUR/USD) exchange rate has weakened sharply this month, falling to around 1.1470 after trading above 1.16 earlier in June. UBS expects EUR/USD to remain under pressure in the short term, but continues to forecast a recovery towards 1.20 over the next year as structural headwinds for the US Dollar re-emerge. The
- [US Dollar: Why HSBC Thinks The Greenback Is Back](https://thepoundhub.com/dollar/us-dollar-why-hsbc-thinks-the-greenback-is-back/) - The US Dollar has regained momentum following June's Federal Reserve meeting, prompting HSBC to abandon its previously cautious stance and forecast a stronger greenback across most major currencies. The Euro to Dollar exchange rate (EUR/USD) traded at 1.1468 on Thursday, down sharply from June highs above 1.1660 as markets reacted to a more hawkish-than-expected Fed
- [British Pound slumps as Naira hits N1,825/£1 on UK’s political uncertainty](https://thepoundhub.com/british-pound/british-pound-slumps-as-naira-hits-n1825-1-on-uks-political-uncertainty/) - The Nigerian naira strengthened against the British pound on Nigeria’s foreign exchange market amid elevated political uncertainty in the British economy. The naira settled at about N1,825/£1 as shown in Nigerian foreign exchange market. In the medium term, the naira has been in form, strengthening against the pound by roughly 7 per cent this year,
- [Euro area trade balance slips into deficit](https://thepoundhub.com/euro/euro-area-trade-balance-slips-into-deficit/) - The euro area reported a trade in goods deficit of €1 bn in April 2026, marking a significant reversal from the surplus of €8.7 bn recorded in April 2025, according to the latest figures from Eurostat. This stark shift highlights a period of increasing pressure on the European economy as import costs continue to outpace
- [US Dollar Forecast: DXY Retreats from 50-Day Average as Fed Dovish Shift Hits Sentiment](https://thepoundhub.com/dollar/us-dollar-forecast-dxy-retreats-from-50-day-average-as-fed-dovish-shift-hits-sentiment/) - OPEC Risk Premium Fades as Crude Reverses The early jump in the DXY followed reports of U.S. strikes on Iranian nuclear facilities, heightening fears of a broader conflict. Iran’s threat to close the Strait of Hormuz—a crucial chokepoint for global oil supply—triggered a spike in oil prices, which initially pressured risk assets and drew capital
- ['90s Finds To Snag From Dollar Tree](https://thepoundhub.com/dollar/90s-finds-to-snag-from-dollar-tree/) - If you lived through the '90s, you've probably noticed the decade making a major comeback. Much like the return of the Y2K aesthetic, '90s-inspired trends are everywhere—from baggy streetwear and retro hairstyles to the bold colors and playful designs that defined the era. And now, Dollar Tree is getting in on the nostalgia with affordable
- [The Canadian Dollar ditches Crude Oil for Gold](https://thepoundhub.com/dollar/the-canadian-dollar-ditches-crude-oil-for-gold/) - The textbook calls the Canadian Dollar a petro-currency, which means that with a Middle East war keeping Crude Oil bid, the Loonie should be holding its own. Instead it spent this week sliding to a fresh 14-month low against the Greenback, capping a run in which the US Dollar has closed higher in six of
- [News of the day: Toronto's condopocalypse, Canadian dollar selloff, fired financial advisers, variable over fixed rates, bank regulations and more](https://thepoundhub.com/dollar/news-of-the-day-torontos-condopocalypse-canadian-dollar-selloff-fired-financial-advisers-variable-over-fixed-rates-bank-regulations-and-more/) - This option is unavailable due to your privacy preferences. Please update your privacy settings to enable it. It’s Friday, June 19. Here are the top stories we’re following today. ‘Bloodbath for sellers’: Tales from the frontlines of Toronto’s condopocalypse Four years in, owners, investors and developers have lost fortunes in what may be one of
- [Australian Dollar trades little changed as hawkish Fed and RBA outlooks collide](https://thepoundhub.com/dollar/australian-dollar-trades-little-changed-as-hawkish-fed-and-rba-outlooks-collide/) - AUD/USD trades little changed on Friday as hawkish policy signals from both the Federal Reserve (Fed) and the Reserve Bank of Australia (RBA) offset each other, keeping the pair range-bound despite a modest pullback in the US Dollar (USD). At the time of writing, the pair trades around 0.7011 and remains on track for a
- [US Dollar Weekly Forecast: Inflation crashes the party](https://thepoundhub.com/dollar/us-dollar-weekly-forecast-inflation-crashes-the-party/) - The week that wasA very auspicious week saw the US Dollar (USD) trade with robust gains, rapidly leaving behind the prior pullback and sending the US Dollar Index (DXY) to levels last traded in mid-May 2025, past the 101.00 barrier on Friday.Indeed, the Greenback managed to regain strong and renewed upside traction following Wednesday’s hawkish
- [TV that's 'the best pound for pound on market' with 'fantastic picture' is £50 off](https://thepoundhub.com/british-pound/tv-thats-the-best-pound-for-pound-on-market-with-fantastic-picture-is-50-off/) - 'Sound and picture are fantastic, easy to navigate and the interface is smooth and quick, no lag'This article contains affiliate links, we will receive a commission on any sales we generate from it. Learn more'Overall very happy with this purchase, this is a massive upgrade from our previous TV'(Image: Haier)Whether it's for tuning in for
- [British Pound rebounds as holiday-thinned trade slows USD bulls](https://thepoundhub.com/british-pound/british-pound-rebounds-as-holiday-thinned-trade-slows-usd-bulls/) - The Pound Sterling (GBP) recovers some ground after nearing a three-month low on Friday at 1.3163, sponsored by the Federal Reserve's (Fed) hawkish tilt, but edges up 0.18% amid thin trading conditions due to a holiday in the US. GBP/USD trades at 1.3226, yet it is poised to end with weekly losses of 1.25%.GBP/USD trims
- [Canadian Dollar Hits 14-Month Low](https://thepoundhub.com/dollar/canadian-dollar-hits-14-month-low/) - The slumping Canadian dollar has now fallen to its lowest level in 14 months against the U.S. dollar. The latest decline for Canada’s currency comes after the U.S. Federal Reserve signaled that it’s likely to raise interest rates later this year to combat rising inflation. That news has sent the U.S. dollar to a one-year
- [Euro: Limited upside as policy diverges – Nordea](https://thepoundhub.com/euro/euro-limited-upside-as-policy-diverges-nordea/) - Nordea’s research suggests EUR/USD upside is constrained in coming months by interest rate differentials and relative growth. The European Central Bank is seen closer to the end of its hiking cycle than the Federal Reserve, while Eurozone data remain softer than US figures. Nordea still projects a modest EUR/USD recovery over the longer term as
- [British Pound Sinks Near 365 Against PKR, Euro At Rs. 318 to End Big Week](https://thepoundhub.com/british-pound/british-pound-sinks-near-365-against-pkr-euro-at-rs-318-to-end-big-week/) - The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 183rd consecutive day on Friday. British Pound (GBP) and Euro (EUR) maintained a downward path similar to Thursday. The PKR closed at 278.25 after gaining one paisa against the US Dollar today. Every day of recovery is a new record for
- [Indian Rupee edges up marginally in volatile trades | Capital Market News](https://thepoundhub.com/asian-currency/indian-rupee-edges-up-marginally-in-volatile-trades-capital-market-news/) - Last Updated : Jun 19 2026 | 5:50 PM ISTIndian Rupee edged up marginally in volatile trades today. INR eased near 94.50 per US dollar as sustained gains in the US dollar index weighed on the local currency initially. The US.dollar index hit a one-year high, breaking well above 100 after a hawkish tilt by
- [Rupee Outlook: Is India’s Currency Ready for Stability or More Volatility?](https://thepoundhub.com/asian-currency/rupee-outlook-is-indias-currency-ready-for-stability-or-more-volatility/) - The Indian Rupee’s recent movement into the 94–96 band against the U.S. Dollar has got scrutiny from market experts. While a 1.2% appreciation over recent sessions provided some respite, the broader consensus suggests the currency is currently balancing between improved structural fundamentals and a fundamental recalibration of market expectations. The current trading range marks a
- [Technical analysis of the FTSE 100, GBP/USD as they drop further while US natural gas futures continue to sideways trade.](https://thepoundhub.com/british-pound/technical-analysis-of-the-ftse-100-gbp-usd-as-they-drop-further-while-us-natural-gas-futures-continue-to-sideways-trade/) - Macro update Yen hovers near a 40-year low as intervention risks mount: The Japanese currency weakened to 161.81 per dollar overnight, its lowest level since July 2024 and close to the 1986 trough, with finance officials reiterating their willingness to counter speculative moves as thin market liquidity raises the possibility of intervention similar to the
- [GBP/USD between Fed hawkishness and the Bank of England's hold - London Business News](https://thepoundhub.com/british-pound/gbp-usd-between-fed-hawkishness-and-the-bank-of-englands-hold-london-business-news/) - The GBP/USD pair is entering a pivotal phase that could shape its trajectory throughout the second half of 2026, as complex monetary, economic, and political forces converge across the global landscape. Despite the Bank of England’s decision to leave interest rates unchanged at 3.75%, the market’s reaction toward the British pound was notably negative. This
- [Rupee records strongest week in 11 as bond inflows, softer oil prices lend support](https://thepoundhub.com/asian-currency/rupee-records-strongest-week-in-11-as-bond-inflows-softer-oil-prices-lend-support/) - By Dharamraj Dhutia MUMBAI, June 19 (Reuters) - The Indian rupee ended largely unchanged against the dollar after a choppy session on Friday, as weakness in regional ‌currencies largely offset the unwinding of long dollar positions, but the currency ‌posted its best week in the last 11 on debt inflows. This was also the fourth
- [Why Strong UK Jobs Data Failed To Help The British Pound](https://thepoundhub.com/british-pound/why-strong-uk-jobs-data-failed-to-help-the-british-pound/) - The Pound Sterling weakened against the US Dollar after the Bank of England signalled little urgency to tighten policy further, despite stronger-than-expected employment data and lingering inflation risks. With oil prices easing following the signing of a US-Iran peace framework, markets increasingly believe the BoE can afford to stay on hold for an extended period,
- [British Pound: Political risks cap recovery – BBH](https://thepoundhub.com/british-pound/british-pound-political-risks-cap-recovery-bbh/) - Elias Haddad at Brown Brothers Harriman writes that GBP/USD has bounced after holding above its late-March low, but he sees risks still tilted lower. He cites stronger US growth relative to the UK and an increasingly uncertain UK political backdrop, including potential Labour leadership challenges, as key headwinds for the Pound against the Dollar.Sterling pressured
- [US Dollar Forecast: Gains Fade as Fed Minutes Fuel 2026 Rate-Cut Bets – GBP/USD and EUR/USD](https://thepoundhub.com/dollar/us-dollar-forecast-gains-fade-as-fed-minutes-fuel-2026-rate-cut-bets-gbp-usd-and-eur-usd/) - Last month, the Fed cut interest rates by 25 basis points, taking their policy range to 3.50%–3.75% that’s a total cut of 75 basis points for the year, and it just goes to show how worried they are about the economy slowing down and inflation still being sticky. Are Dollar Gains Probably Going to be
- [US dollar rises as geopolitical tensions pressure markets](https://thepoundhub.com/dollar/us-dollar-rises-as-geopolitical-tensions-pressure-markets/) - The US dollar rose further on Friday, extending its weekly gains against major currencies as investors stayed cautious due to increasing geopolitical tensions in the Middle East. With US financial markets closed for the Juneteenth holiday and limited economic data on the calendar, market participants focused on developments surrounding US-Iran relations and comments from central
- [FX Daily Briefing: Pound Sterling Stabilises As Consumers Defy Economic Gloom](https://thepoundhub.com/british-pound/fx-daily-briefing-pound-sterling-stabilises-as-consumers-defy-economic-gloom/) - Pound Sterling is attempting to recover after a bruising week dominated by a stronger US Dollar, but the UK currency has found some support from a surprisingly strong retail sales report and the political stability signalled by Andy Burnham's victory in the Makerfield by-election. UK Retail sales volumes surged 1.2% in May, more than double
- [Rupee Opens Flat at 94.35/$, Strengthens On Oil Relief, Inflow Support](https://thepoundhub.com/asian-currency/rupee-opens-flat-at-94-35-strengthens-on-oil-relief-inflow-support/) - The Indian rupee opened largely unchanged against the US dollar on Friday, starting the trading session at 94.35 per dollar compared to the previous close of 94.33. Despite the flat opening, the domestic currency has shown notable resilience in recent days.Over the past six trading sessions, the rupee has appreciated by around 1.2%, supported primarily
- [Goldman Sachs says the British pound is now the most overvalued G10 currency](https://thepoundhub.com/british-pound/goldman-sachs-says-the-british-pound-is-now-the-most-overvalued-g10-currency/) - The British pound has spent the better part of a decade trying to claw back what Brexit took from it. Goldman Sachs thinks it may have clawed back too much. In a client note from strategist Stuart Jenkins, the bank declared Sterling the most overvalued currency among the G10, a group that includes the US
- [Pound Sterling Price News and Forecast: GBP/USD prolongs its downtrend for the third straight day](https://thepoundhub.com/british-pound/pound-sterling-price-news-and-forecast-gbp-usd-prolongs-its-downtrend-for-the-third-straight-day/) - British Pound slides to fresh low since April vs bullish USD amid UK political crisisThe GBP/USD pair attracts some follow-through selling for the third straight day and weakens further below the 1.3200 mark, hitting a fresh low since April during the Asian session on Friday. Spot prices remain on track to register heavy weekly losses,
- [Pound Sterling Gains As Retail Sales Rebound Strongly In May](https://thepoundhub.com/british-pound/pound-sterling-gains-as-retail-sales-rebound-strongly-in-may/) - The British Pound strengthened against most the Euro and US Dollar on Friday after UK retail sales rebounded far more strongly than expected in May, adding to evidence that consumer spending remains resilient despite higher energy prices and elevated borrowing costs. According to the Office for National Statistics, UK retail sales volumes rose 1.2% month-on-month
- [Pound-to-Euro Forecast: GBP Gains After BoE Hold, Burnham Victory](https://thepoundhub.com/british-pound/pound-to-euro-forecast-gbp-gains-after-boe-hold-burnham-victory/) - The Pound to Euro (GBP/EUR) exchange rate traded modestly higher on Friday after the Bank of England left interest rates unchanged, while markets also absorbed the fallout from Andy Burnham's landslide Makerfield by-election victory. At the time of writing, GBP/EUR was trading around €1.1542, up 0.2% on the day as investors weighed the Bank's policy
- [Australian Dollar softens to near 0.7000 as Vice President canceled trip to talks with Iran](https://thepoundhub.com/dollar/australian-dollar-softens-to-near-0-7000-as-vice-president-canceled-trip-to-talks-with-iran/) - The AUD/USD pair loses momentum to near 0.7010 during the Asian trading hours on Friday. The Australian Dollar (AUD) softens against the US Dollar (USD) after reports that US Vice President JD Vance canceled his trip to talks with Iran in Switzerland, raising concerns about the US-Iran peace deal. CNN reported on Friday that the White
- [Euro drifts higher above 1.1450 as US, Iran sign initial agreement to end war](https://thepoundhub.com/euro/euro-drifts-higher-above-1-1450-as-us-iran-sign-initial-agreement-to-end-war/) - The EUR/USD pair recovers some lost ground near 1.1460, snapping the two-day losing streak during the early Asian session on Friday. The Euro (EUR) strengthens against the US Dollar (USD) after US President Donald Trump signed a deal with Iran to end the war that has disrupted global energy supplies.The United States (US) and Iran signed an
- [Rupee rises 20 paise to 94.20 against US dollar in early trade](https://thepoundhub.com/asian-currency/rupee-rises-20-paise-to-94-20-against-us-dollar-in-early-trade/) - MUMBAI: The rupee appreciated 20 paise to 94.20 against the US dollar in early trade on Friday on optimism that trade negotiations between India and the United States are set to gain momentum.Forex traders said the rupee opened on a positive note with oil prices remaining supportive and foreign inflows improving.The overall bias remains positive
- [Japanese Yen hovers near 40-year lows as risks of intervention rise](https://thepoundhub.com/asian-currency/japanese-yen-hovers-near-40-year-lows-as-risks-of-intervention-rise/) - The Japanese Yen (JPY) weakens on Thursday to a nearly two-year low against the US Dollar (USD), with the USD/JPY pair reaching 161.81, the highest level since July 2024's yearly high of 161.95, spurred by a hawkish Federal Reserve (Fed) and the jump of US Treasury yields. At the time of writing, the pair posts
- [Australian Dollar Price Forecast: Initial contention comes at 0.7000](https://thepoundhub.com/dollar/australian-dollar-price-forecast-initial-contention-comes-at-0-7000/) - The Aussie Dollar is still looking for a fresh catalyst to resume its upward trend, which began in late March and appears to have lost momentum ahead of the 0.7300 hurdle in early May. Meanwhile, dynamics around the US Dollar and geopolitics seem to have been too much for the Aussie, prompting a correction in
- [The Canadian dollar keeps on tumbling, hitting 14-month lows. There’s one key reason why](https://thepoundhub.com/dollar/the-canadian-dollar-keeps-on-tumbling-hitting-14-month-lows-theres-one-key-reason-why/) - The Canadian dollar weakened ⁠to a 14-month ​low against its U.S. counterpart on Thursday after the Federal Reserve’s hawkish shift a day ago led to a wider gap between U.S. and Canadian bond yields.The loonie was ​trading 0.3% lower at 1.4135 per ‌U.S. dollar, or 70.75 U.S. cents, after touching its weakest intraday level since
- [British Pound slides as hawkish Fed overshadows BoE hold](https://thepoundhub.com/british-pound/british-pound-slides-as-hawkish-fed-overshadows-boe-hold/) - The Pound Sterling (GBP) drops on Thursday during the North American session as traders continue to digest the Federal Reserve's (Fed) hawkish tilt, even though the Bank of England (BoE) held rates unchanged in a 7-2 vote. The GBP/USD pair trades at 1.3234, down 0.39% and at its lowest level since April 7.GBP/USD falls as
- [Rupee hits six-week high on offshore, exporter flows](https://thepoundhub.com/asian-currency/rupee-hits-six-week-high-on-offshore-exporter-flows/) - By Khushi MalhotraMUMBAI, June 18 (Reuters) - The Indian rupee rallied to a six-week high on Thursday for a second consecutive day, after ‌exporter flows and offshore dollar selling reversed the morning's losses sparked ‌by a hawkish Federal Reserve outcome.The rupee hit an intraday high of 94.2175 to the ​U.S. dollar, the highest since May
- [Euro set for weakness as BoE, SNB, Norges Bank and Riksbank leave the ECB hiking alone](https://thepoundhub.com/euro/euro-set-for-weakness-as-boe-snb-norges-bank-and-riksbank-leave-the-ecb-hiking-alone/) - The Euro (EUR) is caught between a hawkish but isolated ECB, weaker regional growth prospects, and a US Dollar that is recoupling with interest-rate differentials. BNY, Rabobank, and Societe Generale all flag headwinds for the single currency, though each emphasizes a different transmission channel.BNY says ECB tightening lacks regional backingBNY notes that the ECB has
- [Pound Sterling Price News and Forecast: GBP hits fresh two-month lows sub-1.3220](https://thepoundhub.com/british-pound/pound-sterling-price-news-and-forecast-gbp-hits-fresh-two-month-lows-sub-1-3220/) - British Pound hits fresh two-month lows sub-1.3220 as BoE stands pat on ratesThe British Pound (GBP) remains on the defensive against the US Dollar (USD) on Thursday, with the GBP/USD pair hitting fresh two-month lows near 1.3200, following the Bank of England’s (BoE) decision to leave interest rates unchanged.No surprises at June’s BoE monetary policy
- [ECB board member Piero Cipollone lays out digital euro roadmap with 2029 launch target](https://thepoundhub.com/euro/ecb-board-member-piero-cipollone-lays-out-digital-euro-roadmap-with-2029-launch-target/) - Piero Cipollone, a member of the European Central Bank’s Executive Board, stood before an audience at the Istituto Affari Internazionali in Frankfurt on May 28 and laid out what amounts to Europe’s most concrete plan yet for a digital version of the euro. The timeline: a pilot program by mid-2027 and a first issuance targeted
- [British Pound Today: GBP Slides Vs Euro, Dollar As July BoE Hike Odds Fade](https://thepoundhub.com/euro/british-pound-today-gbp-slides-vs-euro-dollar-as-july-boe-hike-odds-fade/) - The British Pound weakened against both the Euro and US Dollar after the Bank of England left interest rates unchanged at 3.75% and signalled little urgency to tighten policy further despite lingering inflation concerns. The Pound to Dollar exchange rate (GBP/USD) fell 0.43% to 1.3244, while the Pound to Euro exchange rate (GBP/EUR) slipped 0.15%
- [British Pound hits fresh two-month lows sub-1.3220 as BoE stands pat on rates](https://thepoundhub.com/british-pound/british-pound-hits-fresh-two-month-lows-sub-1-3220-as-boe-stands-pat-on-rates/) - The British Pound (GBP) remains on the defensive against the US Dollar (USD) on Thursday, with the GBP/USD pair hitting fresh two-month lows near 1.3200, following the Bank of England’s (BoE) decision to leave interest rates unchanged.No surprises at June’s BoE monetary policy meeting. The Bank Rate remains steady at 3.75% as widely expected, with
- [Mouser Electronics predicts carmaker Euro 7 strategy shift](https://thepoundhub.com/euro/mouser-electronics-predicts-carmaker-euro-7-strategy-shift/) - The upcoming Euro 7 emission standard will drive the automotive industry towards technical innovation in pursuit of cleaner vehicles, it has been argued. Euro 7, due to be implemented by the EU later this year, will be the first standard of its type to address both exhaust and non-exhaust emissions. It introduces stricter emissions testing,
- [Euro hits fresh two-month lows amid weak Eurozone economic prospects, Fed hiking bets](https://thepoundhub.com/euro/euro-hits-fresh-two-month-lows-amid-weak-eurozone-economic-prospects-fed-hiking-bets/) - The enthusiasm about the US-Iran peace deal has been short-lived for the Euro (EUR), which broke two-month lows at 1.1478 against the US Dollar (USD) on Thursday. The EUR/USD pair has extended its reversal from Tuesday's highs above 1.1600 and is on track for a 0.9% weekly depreciation, hit by a mix of rising Federal
- [US Dollar Price Forecast: DXY Breaks $100 on Blue Channel Breakout — Will GBP/USD and EUR/USD Break?](https://thepoundhub.com/dollar/us-dollar-price-forecast-dxy-breaks-100-on-blue-channel-breakout-will-gbp-usd-and-eur-usd-break/) - On the British front, there is widespread expectation that the Bank of England will keep interest rates unchanged in its upcoming decision. Services inflation remains sticky in the UK, where there is also mixed evidence regarding economic performance, and so the BoE is faced with balancing the need for tighter policy with the threat to
- [Pound Sterling: UK Inflation At 2.8% Gave BoE Room To Stay On Hold](https://thepoundhub.com/british-pound/pound-sterling-uk-inflation-at-2-8-gave-boe-room-to-stay-on-hold/) - The Pound Sterling was little changed after UK inflation held steady at 2.8% and the Bank of England subsequently kept interest rates unchanged, reinforcing the view that policymakers are prepared to look through higher energy costs rather than respond with immediate rate hikes. With inflation proving less severe than feared and the BoE opting to
- [Euro remains capped below 1.1525 weighed by post-Fed US Dollar strength](https://thepoundhub.com/euro/euro-remains-capped-below-1-1525-weighed-by-post-fed-us-dollar-strength/) - The Euro (EUR) is trading practically flat against the US Dollar (USD) on Thursday, changing hands at 1.1504 at the time of writing, after failing to find acceptance above 1.1525. A hawkish hold by the Federal Reserve (Fed) provided a fresh boost to the USD on Wednesday, triggering a sharp reversal for the EUR/USD pair,
- [Gold: Higher yields and stronger Dollar weigh – Deutsche Bank](https://thepoundhub.com/dollar/gold-higher-yields-and-stronger-dollar-weigh-deutsche-bank/) - Deutsche Bank notes that the hawkish Fed repricing and stronger Dollar pressured Gold prices. The bank points out that risk assets sold off after the FOMC, with Gold declining alongside Bitcoin as 2‑year Treasury yields surged. Subsequent relief from the US‑Iran MoU did not fully offset the earlier move, leaving Gold modestly lower in the
- [Euro trims gains against the British Pound after UK jobs data, BoE rate decision looms](https://thepoundhub.com/british-pound/euro-trims-gains-against-the-british-pound-after-uk-jobs-data-boe-rate-decision-looms/) - The EUR/GBP cross pares gains near 0.8650 during the early European trading hours on Thursday. The British Pound (GBP) trades flat against the Euro (EUR) following the UK employment report. All eyes will be on the Bank of England (BoE) interest rate decision later on Thursday. Data released by the Office for National Statistics (ONS)
- [Purbaya in China to build cooperation on bonds and currencies - Economy](https://thepoundhub.com/china-currency/purbaya-in-china-to-build-cooperation-on-bonds-and-currencies-economy/) - inance Minister Purbaya Yudhi Sadewa has departed for a five-day work visit to China to increase cooperation on bond issuances and local currency transactions (LCT).As part of the visit scheduled to last from Tuesday to Saturday, Purbaya met his Chinese counterpart, Finance Minister Lan Fo’an, at the latter’s office in Beijing on Wednesday. He dismissed
- [China Is Pulling Up the Ladder Behind It](https://thepoundhub.com/china-currency/china-is-pulling-up-the-ladder-behind-it/) - China is increasingly embracing the mantle that comes with being a global superpower. Its rise is forcing the rest of the world to assess its credentials as a potential hegemon and a provider of public goods. And in one significant area, its strength may be a real weakness. Many poorer countries fear that China’s economic
- [Pound-to-Euro Forecast: BoE Decision Looms After Inflation Surprise](https://thepoundhub.com/euro/pound-to-euro-forecast-boe-decision-looms-after-inflation-surprise/) - The Pound to Euro (GBP/EUR) exchange rate traded close to €1.1560 on Thursday as a stronger US Dollar weighed on both currencies following the Federal Reserve's latest policy announcement. At the time of writing, GBP/EUR was trading at €1.1561, little changed on the day as investors assessed the implications of a more hawkish Federal Reserve
- [160.80: Japanese Yen remains close to nearly two-year lows](https://thepoundhub.com/asian-currency/160-80-japanese-yen-remains-close-to-nearly-two-year-lows/) - USD/JPY inches lower after four days of gains, trading around 160.60 during the Asian hours on Thursday. The USD/JPY pair surged to 160.80 the previous day, marking its highest level since July 2024 and significantly heightening speculation that Japanese authorities could soon intervene to support the struggling Yen.In response to the currency's rapid decline, Japanese
- [Pound To Canadian Dollar Price News, Forecast: Falling Oil Prices Cushion GBP Weakness](https://thepoundhub.com/british-pound/pound-to-canadian-dollar-price-news-forecast-falling-oil-prices-cushion-gbp-weakness/) - The Pound to Canadian Dollar (GBP/CAD) exchange rate traded in a narrow range on Wednesday as softer-than-expected UK inflation data weighed on Sterling while falling oil prices limited support for the commodity-linked Canadian Dollar. At the time of writing, GBP/CAD was trading at CA$1.8782, little changed on the day. Latest — Exchange Rates:Pound to Canadian
- [Indian Rupee advances as fading risk aversion weighs on US Dollar](https://thepoundhub.com/asian-currency/indian-rupee-advances-as-fading-risk-aversion-weighs-on-us-dollar/) - The Indian Rupee (INR) gains ground after registering modest losses in the previous day against the US Dollar (USD) on Thursday. The USD/INR pair depreciates as the US Dollar (USD) declines on easing safe-haven demand following the BBC report late Wednesday, suggesting that the White House confirmed that US President Donald Trump and Iranian President
- [Canadian Dollar inches higher as fading risk aversion weighs on US Dollar](https://thepoundhub.com/dollar/canadian-dollar-inches-higher-as-fading-risk-aversion-weighs-on-us-dollar/) - USD/CAD inches lower after five days of gains, trading around 1.4100 during the Asian hours on Thursday. The pair holds losses as the US Dollar (USD) slips on easing safe-haven demand following the BBC report late Wednesday, indicating that the White House confirmed that US President Donald Trump and Iranian President Masoud Pezeshkian signed a
- [Australian Dollar drifts higher above 0.7000 as Trump signs US-Iran deal](https://thepoundhub.com/dollar/australian-dollar-drifts-higher-above-0-7000-as-trump-signs-us-iran-deal/) - The AUD/USD pair gathers strength to around 0.7025 during the early Asian trading hours on Thursday. Optimism surrounding the US-Iran peace deal provides some support to the riskier assets, such as the Australian Dollar (AUD) against the US Dollar (USD). The US Initial Jobless Claims report will be published later in the day. US President Donald
- [British Pound recovers from two-month low as Iran deal hits USD](https://thepoundhub.com/british-pound/british-pound-recovers-from-two-month-low-as-iran-deal-hits-usd/) - The GBP/USD pair gains some positive traction during the Asian session on Thursday and moves away from its lowest level since April 7, around the 1.3260 region set the previous day. Spot prices retake the 1.3300 mark amid a modest US Dollar (USD) downtick, though the upside potential seems limited amid a bearish fundamental backdrop.US
- [Forward Premiums Explained: A Guide to Currency Exchange](https://thepoundhub.com/currency/forward-premiums-explained-a-guide-to-currency-exchange/) - Key Takeaways A forward premium is when a currency's forward rate exceeds its spot rate, indicating expected appreciation.Forward premiums reflect interest rate differentials, inflation, and economic stability.Businesses use forward premiums to hedge against currency risk in international transactions. Get personalized, AI-powered answers built on 27+ years of trusted expertise. What Is a Forward Premium? A
- [Italy v England Euro 2020 final: Watch live, score, updates & reaction](https://thepoundhub.com/euro/italy-v-england-euro-2020-final-watch-live-score-updates-reaction/) - 'Heartbroken, disappointed, gutted'published at 00:37 BST 12 July 202100:37 BST 12 July 2021Italy 1-1 England (3-2 pens)ITV England defender Harry Maguire on ITV: "Heartbroken, disappointed, gutted, the lads are devastated, we gave everything, we gave absolutely everything out there. "It was a bit of ding dong out there, we had the first half, they had
- [Dollar Gains 0.74% to 1.4101 Canadian Dollars — Data Talk](https://thepoundhub.com/dollar/dollar-gains-0-74-to-1-4101-canadian-dollars-data-talk/) - Dollar/Canadian dollar: 1.4101 Canadian dollars per dollar (0.7092 dollar per Canadian dollar) --Today the dollar gained 0.74% vs. the Canadian dollar --Largest one-day percentage gain since Friday, Jan. 30, 2026 --Up for five straight sessions --Up 1.11% over the last five sessions --Largest five-day percentage gain since Monday, March 30, 2026 --Longest winning streak since
- [British Pound double-teamed by soft CPI and a hawkish Fed](https://thepoundhub.com/british-pound/british-pound-double-teamed-by-soft-cpi-and-a-hawkish-fed/) - The British Pound (GBP) spent Wednesday absorbing blows from both sides of the Atlantic. Softer than expected UK inflation set a heavy tone in the morning, and Kevin Warsh's hawkish first Federal Reserve (Fed) decision finished the job in the evening. GBP/USD had been drifting near 1.3400 into the announcement and then collapsed close to
- [US Dollar Index storms higher as Warsh's Fed trades cuts for hikes](https://thepoundhub.com/dollar/us-dollar-index-storms-higher-as-warshs-fed-trades-cuts-for-hikes/) - Kevin Warsh's first meeting as Federal Reserve (Fed) Chair held rates steady, exactly as expected, and then handed the Dollar one of its cleaner catalysts of the year. The US Dollar Index (DXY) had been grinding in the high 99.60s into the announcement and ripped through the 100.00 handle within minutes, printing a session high
- [Euro routed as Warsh's Fed turns the dot plot upside down](https://thepoundhub.com/euro/euro-routed-as-warshs-fed-turns-the-dot-plot-upside-down/) - Kevin Warsh's first meeting as Federal Reserve (Fed) Chair was billed as a quiet hold, and on the headline rate it delivered exactly that. Everything wrapped around that hold, however, was a hawkish blow to the Euro. EUR/USD had been sitting just below 1.1600 into the announcement and fell close to 60 pips within minutes,
- [Dollar firms as Fed holds interest rates steady](https://thepoundhub.com/dollar/dollar-firms-as-fed-holds-interest-rates-steady/) - The yen steadied Tuesday after suspected intervention by Tokyo last week, while the U.S. dollar firmed on safe-haven demand amid the Middle East war.Matias Baglietto | Nurphoto | Getty ImagesThe dollar edged higher on Wednesday after the Federal Reserve kept rates unchanged in its first policy meetings chaired by Kevin Warsh. The dollar index, which measures the greenback against a basket
- [Pound Sterling Price News and Forecast: GBP/USD slips as soft UK CPI clips BoE hike bets](https://thepoundhub.com/british-pound/pound-sterling-price-news-and-forecast-gbp-usd-slips-as-soft-uk-cpi-clips-boe-hike-bets/) - British Pound slips as soft UK CPI clips BoE hike betsThe Pound Sterling retreats towards 1.3400 on Wednesday after the latest UK inflation report, forcing investors to reassess hawkish bets on the Bank of England, while solid US Retail Sales boost the Greenback, supported by US exceptionalism. The GBP/USD trades with losses of over 0.22%.
- [British Pound slips as soft UK CPI clips BoE hike bets](https://thepoundhub.com/british-pound/british-pound-slips-as-soft-uk-cpi-clips-boe-hike-bets/) - The Pound Sterling (GBP) retreats towards 1.3400 against the US Dollar (USD) on Wednesday following the latest UK inflation report, forcing investors to reassess hawkish bets on the Bank of England (BoE), while solid US Retail Sales boost the Greenback ahead of the Federal Reserve (Fed) decision. The GBP/USD pair trades with losses of over
- [Australian Dollar holds firm as Trump’s Iran comments reduce risk sentiment](https://thepoundhub.com/dollar/australian-dollar-holds-firm-as-trumps-iran-comments-reduce-risk-sentiment/) - The AUD/USD pair trades near 0.7070 with a neutral tone on Wednesday, as the Australian Dollar (AUD) benefits from improved risk sentiment following the latest developments in the US-Iran conflict. Market mood improved partially after United States (US) President Donald Trump defended the ceasefire framework with Iran, saying the Strait of Hormuz had reopened but
- [Panda bonds and renminbi: What may China offer Bangladesh during PM's visit](https://thepoundhub.com/china-currency/panda-bonds-and-renminbi-what-may-china-offer-bangladesh-during-pms-visit/) - As Prime Minister Tarique Rahman prepares for an official visit to China from 23 to 26 June, Dhaka is carefully reviewing a series of financial and economic initiatives proposed by Beijing. These proposals aim to fundamentally reshape bilateral trade, infrastructure financing, and currency dynamics between the two nations. The push for Panda bonds Keep updated,
- [Euro 2024 draw: England grouped with Denmark, Serbia, Slovenia; Scotland face Germany in opening game | Football News](https://thepoundhub.com/euro/euro-2024-draw-england-grouped-with-denmark-serbia-slovenia-scotland-face-germany-in-opening-game-football-news/) - England will face Denmark, Slovenia and Serbia in their Euro 2024 group next summer while Scotland will kick off the tournament against hosts Germany on June 14. Gareth Southgate's side face a repeat of their Euro 2020 semi-final against the Danes in Group C, having won 2-1 after extra-time in July 2021 before eventually losing
- [Egyptian pound crashes to record lows as oil shock hammers import-dependent economy](https://thepoundhub.com/british-pound/egyptian-pound-crashes-to-record-lows-as-oil-shock-hammers-import-dependent-economy/) - The Egyptian pound didn’t become the world’s top currency. It became one of the world’s most battered ones. In March 2026, the USD/EGP exchange rate peaked at approximately 54.86, marking a record low for the pound against the dollar. The culprit: an oil price shock fueled by geopolitical instability in the Middle East, particularly surrounding
- [EUR/USD Set for a Fed Test - Here’s What Traders Need to Watch](https://thepoundhub.com/dollar/eur-usd-set-for-a-fed-test-heres-what-traders-need-to-watch/) - US dollar resilience persists despite falling oil prices, with markets focused on Fed policy. Lower energy prices are improving the outlook for euro and other import-dependent currencies. EUR/USD could break higher if the Fed disappoints hawkish expectations and oil remains subdued. So far this week, the US dollar has largely ignored the sharp decline in
- [Rupee hits six-week high as oil slips below $80; RBI buying boosts gains  - Economy News](https://thepoundhub.com/asian-currency/rupee-hits-six-week-high-as-oil-slips-below-80-rbi-buying-boosts-gains-economy-news/) - The Indian Rupee climbed to 6-week highs of 94.28 per dollar, driven by strong central bank purchases and a slip in oil prices. Brent Crude slumped below the $80 per barrel mark. The currency finally closed trade at 94.52 per dollar. Oil prices have tumbled by more than 32% from their March peaks, as Brent
- [Rupee nearly flat as oil-led rally faces off against dollar demand; Fed verdict looms, ETEnergyworld](https://thepoundhub.com/asian-currency/rupee-nearly-flat-as-oil-led-rally-faces-off-against-dollar-demand-fed-verdict-looms-etenergyworld/) - The Indian rupee ended broadly unchanged against the US dollar on Wednesday, coming down from a six-week high and giving up almost all of the day's gains that were triggered by a crash in oil prices. The rupee opened higher at 94.4550 and extended gains to 94.2925 per US dollar, its highest ‌level since ⁠May
- [Cross Rates Explained: Key Definitions and Currency Pair Examples](https://thepoundhub.com/currency/cross-rates-explained-key-definitions-and-currency-pair-examples/) - Key Takeaways A cross rate involves exchanging two currencies, neither of which is the U.S. dollar. The U.S. dollar often serves as a reference to establish the value of each currency in a cross rate. Common cross-currency pairs include EUR/GBP and EUR/JPY, which are actively traded in global markets. Minor cross rates like CHF/JPY are
- [Australian Dollar: RBA hawkish pause and softer data – UOB](https://thepoundhub.com/dollar/australian-dollar-rba-hawkish-pause-and-softer-data-uob/) - UOB Global Economics & Markets Research notes that AUD/USD was little changed after the Reserve Bank of Australia paused at 4.35% following three consecutive 25 bps hikes. The RBA kept a clear tightening bias as inflation remains high, but UOB’s base case is for an extended pause, with restrictive financial conditions and weaker household demand
- [Japanese Yen: BoJ hike fails to lift currency – OCBC](https://thepoundhub.com/asian-currency/japanese-yen-boj-hike-fails-to-lift-currency-ocbc/) - OCBC’s Christopher Wong highlights that the BoJ’s widely expected 25 bp hike to 1.0% and confirmation of tapering ending in 2027 delivered limited support for the Japanese Yen. Policy bias remains for further hikes, but the path is not accelerated, leaving Japan with the lowest real rate in the G10 and keeping JPY as a
- [GBP/USD: Pound Continues to Range](https://thepoundhub.com/british-pound/gbp-usd-pound-continues-to-range/) - From dailyforex.com The British pound has been all over the place during trading here on Tuesday as we continue to squeeze right around the 200-day EMA. In fact, the 50-day EMA is here as well, so with all of that being said, I think we've got a situation where traders are looking at this as
- [Pound Sterling: Two More Rate Hikes Still On The Table, Says BofA](https://thepoundhub.com/british-pound/pound-sterling-two-more-rate-hikes-still-on-the-table-says-bofa/) - The Bank of England is widely expected to leave Bank Rate unchanged at 3.75% next week, with recent softer inflation and labour-market data giving policymakers room to wait. The Pound to Dollar exchange rate (GBP/USD) traded at 1.3413, while the Pound to Euro exchange rate (GBP/EUR) held near 1.1565. Bank of America expects a 7-2
- [Euro: Rebound eyes 200‑DMA hurdle – Societe Generale](https://thepoundhub.com/euro/euro-rebound-eyes-200-dma-hurdle-societe-generale/) - Societe Generale analysts observe EUR/USD has rebounded after defending the April low at 1.1500 but see no clear signs yet of a broader uptrend. They stress the importance of the 200‑day moving average near 1.1675/1.1690 as a key resistance area, with 1.1500 remaining crucial support as the Euro consolidates around 1.16 in rangebound trading.Key moving
- [The rupee's fall: A crisis or a necessary correction?](https://thepoundhub.com/asian-currency/the-rupees-fall-a-crisis-or-a-necessary-correction/) - The Indian rupee crossed 96 to the dollar in May 2026. Newspaper front pages turned apocalyptic. The opposition grew loud. And the perennial question resurfaced: is this a crisis, or is the currency simply finding a truer price after years of artificial comfort?The answer is both. And the failure to hold both truths simultaneously is
- [British Pound Sterling coils before inflation and a Fed reckoning](https://thepoundhub.com/british-pound/british-pound-sterling-coils-before-inflation-and-a-fed-reckoning/) - GBP/USD spent Tuesday going almost nowhere, closing fractionally higher near the middle of a range it has refused to leave for months. The stillness is not for lack of news; it is the calm of a market that has read Wednesday's calendar and decided to wait. UK inflation prints before the London open, the Federal
- [Pound To Australian Dollar Price News, Forecast: GBP Above 1.90 After RBA Pause](https://thepoundhub.com/british-pound/pound-to-australian-dollar-price-news-forecast-gbp-above-1-90-after-rba-pause/) - The Pound to Australian Dollar (GBP/AUD) exchange rate climbed above the AU$1.90 threshold on Tuesday after the Reserve Bank of Australia signalled a more cautious approach to future interest rate increases. At the time of writing, GBP/AUD was trading at AU$1.9002, up around 0.2% on the day. Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD):
- [Rupee Weakens Past ₹95: Oil Shock, Capital Outflows and RBI Response Explained](https://thepoundhub.com/asian-currency/rupee-weakens-past-₹95-oil-shock-capital-outflows-and-rbi-response-explained/) - Indian rupee is trading above 95 a dollar, having depreciated over 7 per cent in 2026 alone. Since 2025, it has been the worst-performing currency in Asia, even Pakistani rupee has performed better despite the economic turmoil in that country. The rupee had touched an all-time low of 96.84 against the dollar on May 20,
- [British Pound edges higher above 1.3400 on US-Iran peace optimism](https://thepoundhub.com/british-pound/british-pound-edges-higher-above-1-3400-on-us-iran-peace-optimism/) - The GBP/USD pair gathers strength to around 1.3430 during the early Asian trading hours on Wednesday, bolstered by Middle East peace hopes. Markets might turn cautious later in the day ahead of the UK Consumer Price Index (CPI) inflation data and the US Federal Reserve (Fed) interest rate decision. Two months of final negotiations will begin
- [Why is the Canadian Dollar steadying despite a decline in oil prices](https://thepoundhub.com/dollar/why-is-the-canadian-dollar-steadying-despite-a-decline-in-oil-prices/) - USD/CAD halts its four-day winning streak, trading around 1.3990 during the Asian hours on Wednesday. The US Dollar (USD) experiences downward pressure as easing risk aversion weighs on the currency, a shift largely driven by growing expectations of a breakthrough peace deal between the United States (US) and Iran.Momentum toward an agreement has accelerated, with
- [Why is the Australian Dollar rising despite RBA rate pause?](https://thepoundhub.com/dollar/why-is-the-australian-dollar-rising-despite-rba-rate-pause/) - The AUD/USD pair trades with mild gains around 0.7070 during the early Asian trading hours on Wednesday. The Australian Dollar (AUD) strengthens against the US Dollar (USD) after the Reserve Bank of Australia (RBA) delivered a hawkish hold on rates on Tuesday. As widely expected, the RBA decided to hold the Official Cash Rate (OCR) at
- [GBP/USD Future (GURTSc1) Overview - Investing.com](https://thepoundhub.com/british-pound/gbp-usd-future-gurtsc1-overview-investing-com/) - We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Enrich the conversation,
- [USD/CHF Price Forecast: Upside momentum fades after rejection at 0.8000](https://thepoundhub.com/dollar/usd-chf-price-forecast-upside-momentum-fades-after-rejection-at-0-8000/) - USD/CHF extends losses for a second consecutive day on Tuesday as easing tensions between the United States (US) and Iran weigh on demand for the safe-haven US Dollar (USD). At the time of writing, the pair trades around 0.7921, down 0.30% on the day.Despite improving market sentiment, traders remain cautious ahead of the formal signing
- [Textile exports : rupee depreciation supported exporters in 2025-2026](https://thepoundhub.com/asian-currency/textile-exports-rupee-depreciation-supported-exporters-in-2025-2026/) - Textile and apparel, which are among the top merchandise export products, saw 2 % y-o-y decline in shipments in 2025-2026 compared with the previous year. The exports in 2025-2026 was worth $35.80 billion as against $ 36.61 billion in 2024-2025.The Union Commerce Ministry data points to 1.78 % CAGR of textile and apparel exports from
- [India And Sri Lanka Push For Wider Rupee–Rupee Trade Settlement To Cut Costs And Reduce Dollar Dependence](https://thepoundhub.com/asian-currency/india-and-sri-lanka-push-for-wider-rupee-rupee-trade-settlement-to-cut-costs-and-reduce-dollar-dependence/) - India and Sri Lanka are exploring ways to expand the use of local currencies in bilateral trade, a move aimed at lowering transaction expenses, reducing exposure to exchange rate fluctuations and strengthening economic ties between the two neighbours.The issue was a key focus at a high-level round-table discussion in Colombo titled Rupee to Rupee: Strengthening
- [Australian Dollar gains after hawkish RBA hold as focus shifts to Federal Reserve](https://thepoundhub.com/dollar/australian-dollar-gains-after-hawkish-rba-hold-as-focus-shifts-to-federal-reserve/) - The Australian Dollar (AUD) strengthens against the US Dollar (USD) on Tuesday after the Reserve Bank of Australia (RBA) delivered a hawkish hold at its June policy meeting. At the time of writing, AUD/USD trades around 0.7070 after bouncing from an intraday low of 0.7042.The RBA kept its cash rate unchanged at 4.35% following three
- [US Dollar: Limited downside as Fed caution persists – OCBC](https://thepoundhub.com/dollar/us-dollar-limited-downside-as-fed-caution-persists-ocbc/) - OCBC’s Sim Moh Siong argues that recent risk-on moves following the US‑Iran understanding have only produced a modest pullback in US yields and the Dollar. He highlights AI-driven US growth, Fed event risk and Oil dynamics as supporting USD resilience. The bank remains neutral on the Dollar and prefers FX cross trades over outright USD
- [Naira holds firm against British Pound, sells for N1,850/£1](https://thepoundhub.com/british-pound/naira-holds-firm-against-british-pound-sells-for-n1850-1/) - The Nigerian currency maintained its relatively stable run against the British currency on the Nigerian foreign exchange market, amid a rebound in the British pound sterling in the global foreign exchange market. Market action shows that GBP/NGN spot has stayed within a stable band: CBN’s latest data showed it settled at N1,850/£1 The Naira’s best
- [Australian Dollar: Deeper pullback risk below 0.7140 – Societe Generale](https://thepoundhub.com/dollar/australian-dollar-deeper-pullback-risk-below-0-7140-societe-generale/) - Societe Generale analysts, including Kenneth Broux, note AUD/USD is under pressure after failing to hold its 50‑day moving average and forming a pattern of lower highs and lows. The pair must reclaim 0.7140 to avoid a deeper decline, with downside technical objectives around 0.6890 and 0.6830, while fundamentals are driven by iron ore and US
- [USD/CHF Price Forecast: Bears gain momentum with 0.7930 support in focus](https://thepoundhub.com/dollar/usd-chf-price-forecast-bears-gain-momentum-with-0-7930-support-in-focus/) - The US Dollar (USD) posts marginal losses against the Swiss Franc (CHF) on Tuesday, with bears aiming for a key support area between 0.7900 and 0.7930. Moderate optimism about a US-Iran peace deal is keeping the USD’s rally subdued, while investors’ caution ahead of the Federal Reserve’s meeting is limiting dips for now.US President Trump
- [Rupee extends gains, settles at 94.56 against dollar; markets eye Fed decision, Iran deal details](https://thepoundhub.com/asian-currency/rupee-extends-gains-settles-at-94-56-against-dollar-markets-eye-fed-decision-iran-deal-details/) - The Indian rupee rose for ​a third consecutive session on Tuesday as underlying sentiment remained supportive, ‌while traders awaited details of the U.S.–Iran peace agreement ​and guidance from the U.S. Federal Reserve.The ⁠rupee closed up 0.2% at 94.56 against the dollar. The local unit opened at 94.6125, and moved around 10 paisa on ‌either side
- [US Dollar Price Forecast: Risk Sentiment Shifts with Ceasefire — GBP/USD and EUR/USD Outlook?](https://thepoundhub.com/dollar/us-dollar-price-forecast-risk-sentiment-shifts-with-ceasefire-gbp-usd-and-eur-usd-outlook/) - Dollar Index Price Chart – Source: Tradingview DXY remains firm at $99.58, where a moving average retest on the 4H chart suggests support for a bullish trend. On the 4-hour chart, DXY is currently trading at $99.58, with mixed bullish and bearish candles challenging the $99.79 level of the 50-period moving average immediately after a
- [Uefa Under-19 Championship: Chris Gunter names Wales squad and issues Euro 2028 challenge](https://thepoundhub.com/euro/uefa-under-19-championship-chris-gunter-names-wales-squad-and-issues-euro-2028-challenge/) - Cardiff will stage the opening game of the 2028 European Championships with Wales co-hosting alongside England, Scotland and the Republic of Ireland.Bellamy, who is eager to lead Wales at Euro 2028, has shown his willingness to give opportunities to players in the two years he has been in charge.Among them Dylan Lawlor, Cardiff City's 20-year-old
- [FX Daily Briefing: Pound Sterling Steady As Markets Await Fed And BoE Decisions](https://thepoundhub.com/british-pound/fx-daily-briefing-pound-sterling-steady-as-markets-await-fed-and-boe-decisions/) - Financial markets are entering one of the most important weeks of the month, with Federal Reserve and Bank of England policy decisions due over the next 48 hours. While expectations are firmly centred on unchanged interest rates, investors are increasingly focused on what policymakers signal about inflation, growth and the timing of future rate cuts.
- [GBP/USD Price Forecast: Treading water around 1.3400 with central banks in focus](https://thepoundhub.com/british-pound/gbp-usd-price-forecast-treading-water-around-1-3400-with-central-banks-in-focus/) - The British Pound (GBP) is trading practically flat against the US Dollar (USD) on Tuesday. The Doji candles at the 1.3400 area highlight an indecisive market, as traders await details on the US-Iran peace deal and monetary policy decisions by the US Federal Reserve (Fed) and the Bank of England (BoE) to make investment decisions.US
- [What is dragging the British Pound toward 1.3100 as political noise and stagflationary pressures mount?](https://thepoundhub.com/british-pound/what-is-dragging-the-british-pound-toward-1-3100-as-political-noise-and-stagflationary-pressures-mount/) - The British Pound (GBP) is facing compounding pressures ahead of the Bank of England (BoE) interest-rate decision on Thursday. Financial markets have pushed back expectations for rate hikes to later in the year, leaving the currency highly sensitive to incoming economic data and geopolitics. At the same time, the high-stakes Labour by-election could disrupt fiscal
- [USD/JPY Price Forecast: Needs breakout above 160.70 for fresh leg of rally](https://thepoundhub.com/dollar/usd-jpy-price-forecast-needs-breakout-above-160-70-for-fresh-leg-of-rally/) - The USD/JPY pair ticks down to near 160.25 during the European trading session on Tuesday. The pair trades marginally lower as the Japanese Yen (JPY) outperforms its peers, following the Bank of Japan’s (BoJ) monetary policy announcement.In the policy meeting, the BoJ raised interest rates by 25 basis points (bps) to 1%, as expected, and
- [Indian rupee inches up, Iran deal longevity worries and hedging drag - Markets](https://thepoundhub.com/asian-currency/indian-rupee-inches-up-iran-deal-longevity-worries-and-hedging-drag-markets/) - MUMBAI: The Indian rupee rose modestly on Tuesday, though scepticism over the longevity of a US–Iran truce and hedging by importers checked any meaningful advance. The Indian rupee rose 0.1% to 94.6175 against the US dollar as of 11:00 a.m. IST. The local currency hit an intraday high of 94.53 before slipping, much like on
- [Pound-to-Euro Forecast: GBP Slips As US-Iran Peace Deal Boosts EUR Rates](https://thepoundhub.com/british-pound/pound-to-euro-forecast-gbp-slips-as-us-iran-peace-deal-boosts-eur-rates/) - The Pound to Euro (GBP/EUR) exchange rate slipped at the start of the week as the announcement of a US-Iran peace framework triggered broad US Dollar weakness, providing support for the Euro through its inverse relationship with the Greenback. At the time of writing, GBP/EUR was trading around €1.1569, down almost 0.2% on the day.
- [FPI Outflows Expose Rupee Risks Despite Retail Boom: Raamdeo Agrawal](https://thepoundhub.com/asian-currency/fpi-outflows-expose-rupee-risks-despite-retail-boom-raamdeo-agrawal/) - India's growing pool of retail investors may have transformed the country's capital markets, but rising foreign ownership of Indian equities continues to pose a structural risk to the economy and the rupee, according to Raamdeo Agrawal, Chairman of Motilal Oswal Financial Services. “So, as a country, we will be working only to service FI holding by
- [Australian Dollar retreats against New Zealand Dollar as RBA leaves rates steady at 4.35%](https://thepoundhub.com/dollar/australian-dollar-retreats-against-new-zealand-dollar-as-rba-leaves-rates-steady-at-4-35/) - The Australian Dollar (AUD) falls back to near 1.2150 from its intraday high of 1.2168 against the New Zealand Dollar (NZD) after the Reserve Bank of Australia’s (RBA) monetary policy announcement. The Australian central bank has announced a pause on its monetary-tightening cycle by leaving the Official Cash Rate (OCR) steady at 4.35%, as expected.In
- [BBC Audio | Witness History](https://thepoundhub.com/asian-currency/bbc-audio-witness-history/) - In 2009, the Indian government launched a national competition to find a design for the Indian rupee.With more than 3,000 entries and five finalists, the winning design was announced on 15 July 2010.The designer was by Udaya Kumar Dharmalingam, a student at the Industrial Design Centre at the Indian Institute of Technology Bombay. He speaks
- [British Pound inches lower amid market caution ahead of US-Iran deal updates](https://thepoundhub.com/british-pound/british-pound-inches-lower-amid-market-caution-ahead-of-us-iran-deal-updates/) - GBP/USD loses ground after registering minor gains in the previous day, trading around 1.3400 during the Asian hours on Tuesday. The pair inches lower as the US Dollar (USD) receives support from the market caution ahead of further developments regarding US-Iran peace talks.Because neither Washington nor Tehran has released the official text of the agreement,
- [Euro edges higher to near 1.1600 on US-Iran Strait of Hormuz deal](https://thepoundhub.com/euro/euro-edges-higher-to-near-1-1600-on-us-iran-strait-of-hormuz-deal/) - The EUR/USD pair trades in positive territory around 1.1590 during the early Asian session on Tuesday. A deal to reopen the Strait of Hormuz spurred a rally in riskier assets such as the Euro (EUR) against the US Dollar (USD). Traders await the US Federal Reserve (Fed) interest rate decision later on Wednesday. US President Donald
- [Australian Dollar advances as Hormuz breakthrough sinks USD and Oil](https://thepoundhub.com/dollar/australian-dollar-advances-as-hormuz-breakthrough-sinks-usd-and-oil/) - The Australian Dollar registered gains of over 0.37% on Monday as the US and Iran agreed on a Memorandum of Understanding (MOU) aimed at ending the conflict and setting the stage for talks about Tehran’s nuclear program. At the time of writing, the AUD/USD trade at 0.7072 after bouncing off daily lows of 0.7041.AUD/USD gains
- [Peace breaks out and the New Zealand Dollar pays for it](https://thepoundhub.com/dollar/peace-breaks-out-and-the-new-zealand-dollar-pays-for-it/) - Monday played out as a textbook risk-on session, with global equities ripping higher and Crude Oil tumbling after Washington and Tehran unveiled a framework deal to end the war and reopen the Strait of Hormuz. Commodity currencies are built to thrive in exactly this kind of tape, so the New Zealand Dollar finishing as one
- [Argentina edges back to China on currency swap despite US pressure](https://thepoundhub.com/china-currency/argentina-edges-back-to-china-on-currency-swap-despite-us-pressure/) - Argentina’s top central banker sat down with his Chinese counterpart in Shanghai, a quiet overture towards Beijing months after Buenos Aires moved to unwind a currency lifeline that Washington had pushed it to abandon.Santiago Bausili, president of the Central Bank of the Argentine Republic, met People’s Bank of China governor Pan Gongsheng on the sidelines
- [GBP/USD Forecast: US Dollar Falls as Middle East Peace Hopes Lift Risk Appetite](https://thepoundhub.com/currency/gbp-usd-forecast-us-dollar-falls-as-middle-east-peace-hopes-lift-risk-appetite/) - Modified: Monday, 15 June 2026 20:01 BST - Written by David Woodsmith STORY LINK GBP/USD Forecast: US Dollar Falls as Middle East Peace Hopes Lift Risk Appetite The Pound US Dollar (GBP/USD) exchange rate climbed to a ten-day high on Monday, as news of a framework peace agreement between the US and Iran lifted risk
- [The rupee's problem runs deeper than West Asia war and oil price surge | Expert Views](https://thepoundhub.com/asian-currency/the-rupees-problem-runs-deeper-than-west-asia-war-and-oil-price-surge-expert-views/) - To begin with, it is important to recognise that the rupee’s weakness has not been caused solely by the war in West Asia. In fact, the rupee was the worst-performing currency in Asia last year, depreciating by more than 6 per cent against the dollar. This suggests that there is more to the story.
- [England provisional Euro 2024 squad: Who will Gareth Southgate select? | Football News](https://thepoundhub.com/euro/england-provisional-euro-2024-squad-who-will-gareth-southgate-select-football-news/) - Gareth Southgate has some major injury problems, and some big decisions to make, when he names his provisional squad for the Euros on Tuesday lunchtime.Expect it to include more than 30 names. But the really contentious calls will come when he has to narrow the training squad down to a final 26 for the tournament,
- [Rupee gains as geopolitical tensions ease - Economy News](https://thepoundhub.com/asian-currency/rupee-gains-as-geopolitical-tensions-ease-economy-news/) - The Indian rupee rose on Monday after the announcement of the US-Iran peace deal, which drove oil prices lower. The domestic currency strengthened as much as 94.45 against the dollar before settling at 94.72, down 40 paise from the previous close. The US and Iran said they have reached an agreement that would reopen the
- [Accès restreint - Le Monde](https://thepoundhub.com/china-currency/acces-restreint-le-monde/) - Si vous êtes partenaire autorisé, abonné au Monde, ou si vous souhaitez obtenir une autorisation d’accès à ce contenu, merci de contacter : licensing[@]groupelemonde.fr en joignant une copie de cette page d’erreur, incluant votre adresse IP et votre identifiant de requête (RID). English version Your traffic has been identified as automated (bot activity). If you
- ['China does not want its wealthy citizens to take their money out of the country'](https://thepoundhub.com/china-currency/china-does-not-want-its-wealthy-citizens-to-take-their-money-out-of-the-country/) - Controlling financial flows goes hand in hand with political control; it allows those in power to manage risk. In China, this is a major issue. As the world's top exporting power, China allows foreign currency exchange for commercial transactions but imposes strict restrictions on capital outflows. The authorities fear speculative inflows and outflows that could
- [Pound Sterling Forecast: Why Goldman Sachs Remains Constructive On GBP](https://thepoundhub.com/british-pound/pound-sterling-forecast-why-goldman-sachs-remains-constructive-on-gbp/) - Pound Sterling has remained relatively resilient in recent weeks, with the GBP to USD trading around 1.34 despite rising political uncertainty ahead of next week's Makerfield by-election. Goldman Sachs believes the risks posed by a potential Labour leadership contest involving Greater Manchester Mayor Andy Burnham are largely already reflected in Sterling. The bank notes that
- [Why the Candian Dollar is lagging other majors in the current risk-on market?](https://thepoundhub.com/dollar/why-the-candian-dollar-is-lagging-other-majors-in-the-current-risk-on-market/) - The Canadian Dollar (CAD) is trading without a clear bias against the US Dollar (USD) on Monday. The USD/CAD pair oscillates above 1.3950, with year-to-date highs at 1.4020 within a relatively short distance, as US Dollar weakness, stemming from the risk-on market, has been offset by the negative impact of declining Oil prices on the
- [US Dollar Loses Its War Premium as Hormuz Risk Comes Off the Boil](https://thepoundhub.com/dollar/us-dollar-loses-its-war-premium-as-hormuz-risk-comes-off-the-boil/) - The US Iran deal should keep the dollar on the back foot as the conflict premium gets taken out of the price. Takeaway by Dark Side of the Boom™ • The US-Iran deal should keep the dollar on the back foot as the conflict premium gets taken out of the price. • Oil can keep
- [Canadian Dollar: Range trading outlook – NBC](https://thepoundhub.com/dollar/canadian-dollar-range-trading-outlook-nbc/) - National Bank of Canada (NBC) discusses USD/CAD, noting the pair has been consolidating and may remain range-bound. The bank highlights that recent moves reflect shifting expectations for Federal Reserve and Bank of Canada policy. Their analysis suggests limited directional conviction, with USD/CAD likely to oscillate within established technical levels over the coming days.USD/CAD seen consolidating
- [China Is Building a New Payment System: Can the Digital Yuan Challenge the Dollar?](https://thepoundhub.com/china-currency/china-is-building-a-new-payment-system-can-the-digital-yuan-challenge-the-dollar/) - The People's Bank of China has introduced a new framework for e-CNY, China's central bank digital currency (CBDC), giving the digital yuan features that make it resemble a bank deposit more closely than traditional digital cash, reports Investor.me. The most significant change is that funds held in digital wallets can now earn interest.
- [Indian Rupee holds strength on US-Iran deal finalization](https://thepoundhub.com/asian-currency/indian-rupee-holds-strength-on-us-iran-deal-finalization/) - The Indian Rupee (INR) trades strongly against the US Dollar (USD) in India's afternoon trading hours on Monday. The USD/INR pair plunges to near 94.60 as oil prices have nosedived, following the announcement that the United States (US) and Iran have reached a permanent peace deal.In India’s opening trading hours, the MCX Crude Oil contract
- [Euro: Bid tone with defined ranges – Societe Generale](https://thepoundhub.com/euro/euro-bid-tone-with-defined-ranges-societe-generale/) - Societe Generale reports EUR/USD trading between 1.1569 and 1.1622 overnight, with the Euro bid above the 1.16 handle on the US–Iran MoU and lower Oil prices. They flag nearby support at 1.1555 and resistance at 1.1700, alongside sizeable option strikes around 1.1500–80 and 1.1600–60 that could influence short-term price action.Euro supported by lower Oil prices"EUR/USD:
- [Pound-to-Rupee Forecast: GBP Slips As Lower Oil Prices Support INR](https://thepoundhub.com/british-pound/pound-to-rupee-forecast-gbp-slips-as-lower-oil-prices-support-inr/) - The Pound to Rupee (GBP/INR) exchange rate traded near 127.06 on Monday, retreating from recent highs as the Indian Rupee found support following a pullback in oil prices and an improvement in broader risk sentiment. Latest — Exchange Rates:Pound to Rupee (GBP/INR): 127.0633 (-0.67%)Month-to-Date: -0.58%Year-to-Date: +4.82% DAILY RECAP: GBP/INR came under pressure after failing to
- [USD/CHF Price Forecast: Slips below 0.7950, nine-day EMA](https://thepoundhub.com/dollar/usd-chf-price-forecast-slips-below-0-7950-nine-day-ema/) - USD/CHF depreciates nearly 0.5%, trading around 0.7930 during the European hours on Monday. The technical analysis of the daily chart indicates the pair is remaining within the ascending channel pattern, signaling an ongoing bullish bias.The USD/CHF pair holds a mildly constructive tone as it trades above the 50-day Exponential Moving Average (EMA), yet it remains
- [British Pound picks up amid peace hopes with central banks coming into focus](https://thepoundhub.com/british-pound/british-pound-picks-up-amid-peace-hopes-with-central-banks-coming-into-focus/) - The British Pound (GBP) has drawn support from the US Dollar’s (USD) weakness, amid a brighter market mood on Monday, to hit a fresh 10-day high at 1.3460. The pair, however, remains trapped within the trading range from the last four weeks, as investors' focus shifts to monetary policy. Markets have reacted positively to news
- [United States Dollar: Fed hold supports Dollar – BBH](https://thepoundhub.com/dollar/united-states-dollar-fed-hold-supports-dollar-bbh/) - Brown Brothers Harriman’s Elias Haddad notes that the Dollar has given back some post-payroll gains as optimism over a US-Iran breakthrough weighed on Brent Oil, but the bank still expects USD to edge higher near term. They argue resilient US economic activity and a likely hawkish Fed hold should underpin USD despite easing geopolitical fears.Hawkish
- [USD vs INR: Rupee rises to 94.60 on US-Iran peace deal. Can it strengthen further?](https://thepoundhub.com/asian-currency/usd-vs-inr-rupee-rises-to-94-60-on-us-iran-peace-deal-can-it-strengthen-further/) - INR vs USD: The rupee strengthened by 58 paise against the US dollar to 94.60 in early trading on Monday, supported by a sharp decline in global crude oil prices after US President Donald Trump announced that Washington and Tehran had reached an agreement to end the conflict.Forex traders said the domestic currency also benefited
- [FX Daily Briefing: Pound Sterling Steady As Dollar Slides On US-Iran Peace Agreement](https://thepoundhub.com/british-pound/fx-daily-briefing-pound-sterling-steady-as-dollar-slides-on-us-iran-peace-agreement/) - Pound Sterling is trading broadly steady against most major currencies ahead of the European open as investors react positively to reports that the United States and Iran have reached a preliminary peace agreement, easing concerns over global energy supplies and reducing demand for traditional safe-haven assets. Oil prices have fallen sharply while the US Dollar
- [Rupee surges nearly 3% from record lows as US-Iran peace pact triggers 5% oil slump - Economy News](https://thepoundhub.com/asian-currency/rupee-surges-nearly-3-from-record-lows-as-us-iran-peace-pact-triggers-5-oil-slump-economy-news/) - The Indian rupee has started Monday’s trade on a strong note, charting back into the 94 category against the US dollar, as it was up nearly 3% from its record lows, aided by a slump in oil prices following reports of a US-Iran ceasefire agreement and the reopening of the chokepoint, the Strait of Hormuz,
- [SHELL PLC FIRST QUARTER 2026 EURO AND GBP EQUIVALENT DIVIDEND PAYMENTS](https://thepoundhub.com/british-pound/shell-plc-first-quarter-2026-euro-and-gbp-equivalent-dividend-payments/) - SHELL PLC FIRST QUARTER 2026 EURO AND GBP EQUIVALENT DIVIDEND PAYMENTS June 15, 2026 The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2026 interim dividend, which was announced on May 7, 2026 at US$0.3906 per ordinary share. Shareholders have been able to
- [Rupee strengthens as oil prices tumble after US-Iran peace breakthrough](https://thepoundhub.com/asian-currency/rupee-strengthens-as-oil-prices-tumble-after-us-iran-peace-breakthrough/) - According to market experts, the easing of geopolitical tensions could significantly improve India's external sector outlook by lowering the country's oil import bill and reducing pressure on the balance of payments.Analysts noted that the rupee has been steadily recovering since touching a low of 96.96 against the dollar in May and could continue to appreciate
- [GBP/USD Price Forecast: US-Iran reaches deal supports advance beyond 20-day EMA](https://thepoundhub.com/british-pound/gbp-usd-price-forecast-us-iran-reaches-deal-supports-advance-beyond-20-day-ema/) - The GBP/USD pair trades 0.35% higher to near 1.3460 during the late Asian trading session on Monday. The Cable extends its week-long advance as market sentiment improves further, following the announcement that the United States (US) and Iran have reached a deal.At press time, S&P 500 futures are up over 1% and Asian stock markets
- [RBA to hold rates in June. Why Australian Dollar is rising?](https://thepoundhub.com/dollar/rba-to-hold-rates-in-june-why-australian-dollar-is-rising/) - AUD/USD gains around 0.5% after registering minor losses in the previous day, trading around 0.7080 during the Asian hours on Monday. However, the Australian Dollar (AUD) could struggle against the US Dollar (USD) as markets are ruling out a Reserve Bank of Australia (RBA) rate move at Tuesday's June meeting and have lowered bets for
- [Rupee likely to strengthen on US-Iran peace deal as oil prices tumble](https://thepoundhub.com/asian-currency/rupee-likely-to-strengthen-on-us-iran-peace-deal-as-oil-prices-tumble/) - The Indian rupee is likely to strengthen at Monday’s open after a US-Iran peace deal knocked oil prices lower and spurred hopes that dollar inflows will return to Asia’s third-largest economy.The rupee is expected to open in the ₹94.80-94.85 per dollar range, per traders, having settled at ₹95.11 on Friday. The rupee is set to
- [Iran-US Deal: How Crude Oil, Gold, Sensex, Rupee and Bitcoin Reacted to Peace Breakthrough in West Asia | Markets News](https://thepoundhub.com/asian-currency/iran-us-deal-how-crude-oil-gold-sensex-rupee-and-bitcoin-reacted-to-peace-breakthrough-in-west-asia-markets-news/) - Last Updated:June 15, 2026, 09:31 ISTUS-Iran peace framework reopening the Strait of Hormuz sends crude lower, lifts Sensex, Nifty, rupee, gold and Bitcoin, as global markets rally on reduced supply & inflation fears.Iran-US Deal: Indian and global financial markets witnessed a sharp reaction on Monday after the United States and Iran announced a framework agreement
- [Why the Canadian Dollar rising despite lower oil prices?](https://thepoundhub.com/dollar/why-the-canadian-dollar-rising-despite-lower-oil-prices/) - USD/CAD depreciates after two days of gains, trading around 1.3970 during the Asian hours on Monday. The currency pair is under downward pressure as the US Dollar declines broadly, driven by a sharp reduction in market risk aversion. This shift follows major geopolitical breakthroughs indicating that the United States and Iran have agreed on a
- [British Pound rises as market sentiment improves on US-Iran peace deal](https://thepoundhub.com/british-pound/british-pound-rises-as-market-sentiment-improves-on-us-iran-peace-deal/) - GBP/USD gains ground after registering minor losses in the previous day, trading around 1.3450 during the Asian hours on Monday. The pair rises as the US Dollar (USD) declines amid easing risk aversion following the reports that the United States (US) and Iran have agreed on a peace deal to end the war and reopen
- [Euro advances as US-Iran peace deal weighs on US Dollar](https://thepoundhub.com/dollar/euro-advances-as-us-iran-peace-deal-weighs-on-us-dollar/) - EUR/USD rises after registering minor losses in the previous day, trading around 1.1610 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) declines amid easing risk aversion following the reports that the United States (US) and Iran agree on a peace deal to end the war and reopen the Strait
- [Batam Island a rare bright spot amid Indonesia’s sliding currency](https://thepoundhub.com/currency/batam-island-a-rare-bright-spot-amid-indonesias-sliding-currency/) - Three months of fighting in the Middle East have raised energy prices in Indonesia and pushed the rupiah to historic low levels against the dollar, sparking protests in the capital. But on the country’s remote Batam Island, locals have welcomed the plunge in value of the currency. The rupiah has also weakened against the Singapore
- [Rupee level not a threshold, exchange rate a shock absorber: CEA Nageswaran](https://thepoundhub.com/asian-currency/rupee-level-not-a-threshold-exchange-rate-a-shock-absorber-cea-nageswaran/) - V Anantha Nageswaran, Chief Economic Advisor, Government of India | Photo Credit: RAGU R The Indian rupee's movement is a natural part of macroeconomic adjustment and should not be viewed through the lens of fixed psychological thresholds such as the 100-per-dollar mark, Chief Economic Adviser V Anantha Nageswaran said, stressing that the exchange rate functions
- [FPIs Pull ₹62,853 Crore From Indian Equities In Early June Amid Global Uncertainty](https://thepoundhub.com/asian-currency/fpis-pull-₹62853-crore-from-indian-equities-in-early-june-amid-global-uncertainty/) - Foreign Portfolio Investors (FPIs) continued to remain net sellers in Indian equities, offloading shares worth more than ₹62,853 crore in the first fortnight of June 2026. According to a report by the Press Trust of India, the sustained selling reflects heightened geopolitical tensions, concerns over global economic growth, and ongoing weakness in the Indian rupee.With
- [Euro 2024 kits revealed: Home and away shirts for England, Scotland, Germany, Spain, Belgium and more | Football News](https://thepoundhub.com/euro/euro-2024-kits-revealed-home-and-away-shirts-for-england-scotland-germany-spain-belgium-and-more-football-news/) - The countdown to Euro 2024 is on with just a few days until the tournament kicks off in Germany, and a new array of kits are available to football fans.Twenty-four teams will take to the field in June and July, most sporting box-fresh new kits ahead of the tournament. With time ticking away and the
- [Will Pound Sterling Rally Or Retreat? Credit Agricole Sees Crucial Week Ahead](https://thepoundhub.com/british-pound/will-pound-sterling-rally-or-retreat-credit-agricole-sees-crucial-week-ahead/) - The Pound to Dollar (GBP/USD) exchange rate enters a crucial week after UK GDP data showed the economy contracted by 0.1% in April, reinforcing concerns over slowing growth and the outlook for Bank of England policy. GBP/USD closed Thursday at 1.3408, extending a subdued run after falling from a May peak of 1.3658. The pair
- [FPI Selling Set To Ease In India, Stable Rupee And Falling Crude Oil Prices Boost Investor Confidence](https://thepoundhub.com/asian-currency/fpi-selling-set-to-ease-in-india-stable-rupee-and-falling-crude-oil-prices-boost-investor-confidence/) - Foreign portfolio investor (FPI) selling in Indian equities is expected to slow as the rupee strengthens. | Mumbai: Foreign portfolio investors (FPIs) may significantly reduce their selling in Indian markets as economic conditions improve and the rupee remains stable, market experts said on Saturday. Recent data already points to a moderation in foreign selling. On
- [Traders turn most optimistic on US dollar in over a year as Middle East tensions fuel safe-haven demand](https://thepoundhub.com/currency/traders-turn-most-optimistic-on-us-dollar-in-over-a-year-as-middle-east-tensions-fuel-safe-haven-demand/) - Traders have turned the most bullish on the US dollar in more than a year as the war in the Middle East reinforces demand for the currency as a haven. Hedge funds, asset managers, and other speculators held $27.8 billion in bets that the dollar will strengthen as of June 9, according to Commodity Futures
- [U.S. Dollar Gains Ground As PPI Exceeds Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY](https://thepoundhub.com/dollar/u-s-dollar-gains-ground-as-ppi-exceeds-estimates-analysis-for-eur-usd-gbp-usd-usd-cad-usd-jpy/) - EUR/USD 110626 4h Chart EUR/USD is losing ground as traders react to the ECB Interest Rate Decision. The European Central Bank raised the interest rate from 2.15% to 2.4%, in line with analyst consensus. ECB noted that the war in the Middle East generated inflation pressures. According to ECB, headline inflation is expected to average
- [China's push for renminbi global role reflects world seeking dollar hedges | Expert Views](https://thepoundhub.com/china-currency/chinas-push-for-renminbi-global-role-reflects-world-seeking-dollar-hedges-expert-views/) - The unpredictability of the United States’ economic policies, its mounting national debt, the softening market for US Treasuries, reports that gold has, for the first time in the post-World War II era, overtaken the dollar in the foreign exchange reserves held by central banks, and Donald Trump’s wholesale weaponisation of trade and financial markets
- [Euro holds steady against the US Dollar as markets await clarity on a possible US-Iran peace deal](https://thepoundhub.com/dollar/euro-holds-steady-against-the-us-dollar-as-markets-await-clarity-on-a-possible-us-iran-peace-deal/) - EUR/USD fluctuates between modest gains and losses heading into the weekend as traders await Tehran's decision on a possible agreement with the United States (US) to end the war in the Middle East. At the time of writing, the pair trades around 1.1573 and is on track to post modest weekly gains.Iranian Foreign Minister Abbas
- [Where to watch 2026 Under-19 EURO: TV, streaming | UEFA Under-19](https://thepoundhub.com/euro/where-to-watch-2026-under-19-euro-tv-streaming-uefa-under-19/) - The 2026 UEFA European Under-19 Championship takes place in Wales between 28 June and 11 July. See how to watch the games where you are with your local broadcast partner(s) below.Please check the individual broadcaster schedules for exact details of the coverage.UEFA.tvMatches will be streamed live and for free in certain territories on UEFA.tv. Highlights
- [AUD to USD Forecast: How Geopolitical Uncertainties Impact the Australian Dollar](https://thepoundhub.com/dollar/aud-to-usd-forecast-how-geopolitical-uncertainties-impact-the-australian-dollar/) - The Australian trade-to-GDP ratio is above 50%. An uncertain demand outlook and possible supply chain disruptions would adversely impact the Australian economy, the AUD/USD, and labor market conditions. Trade-related jobs account for 20% of the Australian labor market. Market participants must closely monitor updates from the Middle East throughout the day. The threat of a
- [British Pound: Steady against US Dollar before key BoE and data – Scotiabank](https://thepoundhub.com/british-pound/british-pound-steady-against-us-dollar-before-key-boe-and-data-scotiabank/) - Scotiabank strategists Shaun Osborne and Eric Theoret note that the British Pound (GBP) is consolidating recent gains around 1.3400, with domestic risk elevated ahead of next week’s CPI, labour data and the Bank of England decision. Markets expect a hold but price about 35 bps of tightening by year-end. Technically, GBP/USD is recovering, supported in
- [New Zealand Dollar slips as strong US data bolster US Dollar gains](https://thepoundhub.com/dollar/new-zealand-dollar-slips-as-strong-us-data-bolster-us-dollar-gains/) - NZD/USD trades around 0.5830 on Friday at the time of writing, down 0.15% on the day as the US Dollar (USD) maintains a firm tone following a series of strong US economic releases.US consumer sentiment improved slightly in June. The University of Michigan's preliminary Consumer Sentiment Index rose to 48.9 from 44.8 in May, beating
- [Canadian Dollar Falls As Crude Oil Prices Slump](https://thepoundhub.com/dollar/canadian-dollar-falls-as-crude-oil-prices-slump/) - CANBERA (dpa-AFX) - The Canadian dollar weakened against other major currencies in the European session on Friday, as crude oil prices slumped over 4 percent after U.S. President Donald Trump called off new military strikes on Iran and said a peace deal could be signed in a few days, helping ease fears of escalation.According to
- [Canadian Dollar dips as Oil slide, hot US PPI lift USD/CAD](https://thepoundhub.com/dollar/canadian-dollar-dips-as-oil-slide-hot-us-ppi-lift-usd-cad/) - USD/CAD trades higher around 1.3990 on Friday, with the US Dollar (USD) benefiting from stronger-than-expected inflation data in the United States (US), while the Canadian Dollar (CAD) remains weighed down by falling Oil prices and a Bank of Canada (BoC) that is showing little urgency to raise rates further.Thursday’s Producer Price Index (PPI) report showed
- [China's central bank signs 40 currency swap agreements with foreign counterparts](https://thepoundhub.com/china-currency/chinas-central-bank-signs-40-currency-swap-agreements-with-foreign-counterparts/) - BEIJING -- The People's Bank of China (PBOC), the country's central bank, has signed bilateral currency swap agreements with more than 40 foreign central banks or monetary authorities, according to a PBOC report. At present, 31 bilateral currency swap agreements are in force, with a total scale of about 4.16 trillion yuan ($586 billion), the
- [Canadian dollar faces headwinds from U.S. rate advantage](https://thepoundhub.com/dollar/canadian-dollar-faces-headwinds-from-u-s-rate-advantage/) - The Canadian dollar could face further downside as investors focus on economic divergence between Canada and the United States, with interest-rate expectations increasingly favouring the U.S. dollar.BNN Bloomberg spoke with Mark McCormick, chief FX strategist at BMO Capital Markets, who said stronger U.S. growth, persistent inflation and the possibility of further Federal Reserve tightening are
- [Jude Bellingham: England got things wrong off the pitch at Euro 2024 | Football News](https://thepoundhub.com/euro/jude-bellingham-england-got-things-wrong-off-the-pitch-at-euro-2024-football-news/) - Jude Bellingham has claimed things were not right off the pitch in England's camp at Euro 2024.Despite reaching the final, where they were beaten by Spain, Sir Gareth Southgate's side were far from convincing during their run in Germany. New manager Thomas Tuchel has spoken of creating a "brotherhood" in the squad as he tries
- [Bulls Return To D-Street! Nifty-Sensex End 2-Week Losing Run On Iran-US Peace Deal, Strong Rupee](https://thepoundhub.com/asian-currency/bulls-return-to-d-street-nifty-sensex-end-2-week-losing-run-on-iran-us-peace-deal-strong-rupee/) - Stocks Updated: Friday, June 12, 2026, 17:43 [IST] Stock Market Weekly Wrap: Bulls charged back into Dalal Street as the Nifty and Sensex snapped their two-week losing streaks and erased all the losses incurred over the previous five trading sessions. The Nifty 50 ended 1.99% higher at 23,622 points, while the BSE Sensex gained 1,695
- [Pound Sterling Today: Why Analysts Aren't Alarmed By April's GDP Decline](https://thepoundhub.com/british-pound/pound-sterling-today-why-analysts-arent-alarmed-by-aprils-gdp-decline/) - The Pound Sterling remained broadly steady on Thursday after UK GDP figures showed the economy shrank by 0.1% in April, in line with forecasts. Markets largely shrugged off the decline, with analysts arguing that temporary factors masked a still-resilient underlying growth picture. At the time of writing, the Pound to Dollar exchange rate (GBP/USD) traded
- [Rupee Falls, Costs Rise: What Indians Should Do With Their Money Now As Inflation Fears Grow | Savings and Investments News](https://thepoundhub.com/asian-currency/rupee-falls-costs-rise-what-indians-should-do-with-their-money-now-as-inflation-fears-grow-savings-and-investments-news/) - Last Updated:June 12, 2026, 14:52 ISTRupee has declined by 6.5% in 2026. Last year, it had depreciated by 10.4%. While this concerns economists and traders, a weakening rupee can have real consequences for householdsThe rupee rose slightly to 95.38 against US dollar on Friday, thanks to the falling crude oil prices after President Donald Trump
- [Dow rallies, GBP/USD recovers while US natural gas futures prices slip](https://thepoundhub.com/british-pound/dow-rallies-gbp-usd-recovers-while-us-natural-gas-futures-prices-slip/) - Macro update Asia-Pacific index Asian equities rally on growing ceasefire optimism: Japan's Nikkei advanced 3.6%, South Korea's KOSPI surged 7.8%, and MSCI's Asia-Pacific index excluding Japan gained 3.7% as hopes for a ceasefire agreement in the Gulf sparked a broad-based improvement in risk sentiment. Wall Street posts strongest gains since April ceasefire: The Dow climbed
- [China to tighten regulation on virtual currency trading, speculation](https://thepoundhub.com/china-currency/china-to-tighten-regulation-on-virtual-currency-trading-speculation/) - Chinese authorities have moved to forestall and handle the risks related to virtual-currency trading and speculation, according to a notice made public on Friday by the People's Bank of China. "All virtual-currency-related business activities are illegal and should be strictly prohibited and cracked down upon in accordance with the law," said the notice jointly issued
- [British Pound holds firm vs weak JPY after UK macro data](https://thepoundhub.com/british-pound/british-pound-holds-firm-vs-weak-jpy-after-uk-macro-data/) - The GBP/JPY cross regains positive traction following the previous day's good two-way price moves and sticks to intraday gains through the first half of the European session on Friday. Spot prices, however, struggle to capitalize on the strength beyond the 215.00 psychological mark and move little following the release of the UK data dump.The UK
- [Rupee has likely bottomed out as RBI measures draw fresh dollar inflows: CLSA](https://thepoundhub.com/asian-currency/rupee-has-likely-bottomed-out-as-rbi-measures-draw-fresh-dollar-inflows-clsa/) - The Indian rupee may have already seen its weakest levels for now, thanks to fresh steps taken by the Reserve Bank of India (RBI) to attract foreign currency inflows, according to Nikhil Gupta, India Economist at CLSA.The RBI recently announced measures to encourage foreign currency deposits from non-resident Indians (NRIs) and ease external commercial borrowing
- [New Zealand Dollar weakens below 0.5850 as hot US PPI lifts US Dollar](https://thepoundhub.com/dollar/new-zealand-dollar-weakens-below-0-5850-as-hot-us-ppi-lifts-us-dollar/) - The NZD/USD pair attracts some sellers to around 0.5820 during the early European trading hours on Friday. The US Dollar (USD) edges higher against the New Zealand Dollar (NZD) on hot US Producer Price Index (PPI) inflation data. Traders await the preliminary reading of the Michigan Consumer Sentiment Index for June later on Friday for
- [British Pound responds slightly positive to 0.1% decline in UK GDP in April](https://thepoundhub.com/british-pound/british-pound-responds-slightly-positive-to-0-1-decline-in-uk-gdp-in-april/) - The British Pound (GBP) attracts slight bids against its major currency peers after the release of the United Kingdom (UK) monthly Gross Domestic Product (GDP) data for April. The GBP/USD claws back a majority of its early losses and rebounds to near 1.3410.The Office for National Statistics (ONS) has reported that the economy contracted by
- [Canadian Dollar softens on strong US PPI data, US-Iran peace deal uncertainty](https://thepoundhub.com/dollar/canadian-dollar-softens-on-strong-us-ppi-data-us-iran-peace-deal-uncertainty/) - The USD/CAD pair gains traction to near 1.3980 during the early European trading hours on Friday, bolstered by hot US inflation data. Traders will closely monitor the developments surrounding the US-Iran peace deal. The preliminary reading of the Michigan Consumer Sentiment Index for June is due later on Friday. Data on Thursday showed US Producer Price
- [British Pound: Bullish bias within higher band against US Dollar – UOB](https://thepoundhub.com/british-pound/british-pound-bullish-bias-within-higher-band-against-us-dollar-uob/) - United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann observe that GBP/USD’s surge to 1.3434 has stretched short-term conditions, but further gains toward a retest of 1.3435 remain possible, with 1.3465 unlikely to break. Over 1–3 weeks, they expect range trading in a higher 1.3340–1.3465 band after shifting from a negative to neutral
- [Pound To Dollar Price News, Forecast: GBP Shrugs Off UK Growth Slowdown](https://thepoundhub.com/dollar/pound-to-dollar-price-news-forecast-gbp-shrugs-off-uk-growth-slowdown/) - The Pound to Dollar (GBP/USD) exchange rate traded in a narrow range on Friday after data confirmed the UK economy contracted by 0.1% in April, while ongoing tensions in the Middle East continued to underpin demand for the safe-haven US Dollar. At the time of writing, GBP/USD was trading at $1.3408, with investors balancing weaker
- [Yuan meets all criteria to be a cross-border trade currency](https://thepoundhub.com/china-currency/yuan-meets-all-criteria-to-be-a-cross-border-trade-currency/) - In his report to the 20th National Congress of the Communist Party of China last year, CPC Central Committee General Secretary Xi Jinping said China will promote the internationalization of the yuan in an orderly way, especially by increasingly using it to settle cross-border trade payments. Cross-border trade settlement in the yuan has been increasing
- [FX Daily Briefing, Outlook: Pound Sterling Steady As UK Economy Contracts On Iran War](https://thepoundhub.com/british-pound/fx-daily-briefing-outlook-pound-sterling-steady-as-uk-economy-contracts-on-iran-war/) - Pound Sterling is trading broadly higher against most major currencies ahead of the European open despite UK GDP data showing the economy shrank modestly in April, with rising fuel costs and weaker consumer spending weighing on activity. Currency markets have largely looked through the weaker growth figures, with investors instead focusing on the inflationary impact
- [Exploring Currency Pairs: Core Concepts and Exchange Dynamics](https://thepoundhub.com/currency/exploring-currency-pairs-core-concepts-and-exchange-dynamics/) - Key Takeaways Currency pairs consist of a base currency and a quote currency traded in the forex market.Exchange rates in currency pairs fluctuate continuously due to changing market factors.The forex market operates 24 hours a day, five days a week, providing trading opportunities.Cross-currency pairs involve two currencies that do not include the U.S. dollar.Knowing major
- [USD/JPY Currency Pair Explained: Key Insights & Trading Strategies](https://thepoundhub.com/asian-currency/usd-jpy-currency-pair-explained-key-insights-trading-strategies/) - Key Takeaways USD/JPY is a major currency pair, expressing the value of the yen per U.S. dollar.The exchange rate is influenced by interest rate differentials and market risk appetite.USD/JPY is among the most liquid and frequently traded currency pairs globally.The yen is traditionally viewed as a "safe haven" currency during market stress.Japanese monetary policy and
- [Currency Arbitrage Explained: Strategies, Risks, and Profitable Patterns](https://thepoundhub.com/currency/currency-arbitrage-explained-strategies-risks-and-profitable-patterns/) - Key Takeaways Currency arbitrage exploits price discrepancies between brokers' quotes in forex markets, often using high-speed computer systems.Key types include two-currency arbitrage, which is common, and three-currency or triangular arbitrage, which is more complex.Execution risk due to the rapid pace of forex markets is a significant concern for arbitrage traders.Arbitrage opportunities are fleeting, and technological
- [Swiss Franc weakens as renewing risk aversion lifts US Dollar](https://thepoundhub.com/dollar/swiss-franc-weakens-as-renewing-risk-aversion-lifts-us-dollar/) - USD/CHF gains ground after registering over 0.5% losses in the previous day, trading around 0.7960 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) receives support amid renewed risk aversion following fresh military friction in the Middle East, which tempered recent diplomatic optimism.Fox News reported that US forces intercepted and
- [United States Dollar Index gains ground above 99.50 as Middle East tensions, hot US PPI fuel demand](https://thepoundhub.com/dollar/united-states-dollar-index-gains-ground-above-99-50-as-middle-east-tensions-hot-us-ppi-fuel-demand/) - The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.80 during the Asian trading hours on Friday. The DXY gathers strength amid uncertainty in the Middle East and a hot US inflation report. The preliminary reading of the Michigan Consumer Sentiment
- [Australian Dollar edges lower below 0.7050 as US PPI lifts US Dollar](https://thepoundhub.com/dollar/australian-dollar-edges-lower-below-0-7050-as-us-ppi-lifts-us-dollar/) - The AUD/USD pair loses momentum to around 0.7030 during the Asian trading hours on Friday. The US Dollar (USD) strengthens against the Australian Dollar (AUD) after US wholesale prices rose more than expected in May. The preliminary reading of the Michigan Consumer Sentiment Index for June will be published later in the day. US producer prices
- [Australian Dollar to Rand Forecast: AUD/ZAR Expected to Reach 11.902](https://thepoundhub.com/dollar/australian-dollar-to-rand-forecast-aud-zar-expected-to-reach-11-902/) - Quarterly Australian Dollar projections against the Rand are drawn from aggregated bank research, prevailing market expectations, and our Sentiment Survey. Methodology: Exchange Rates UK Research computes a weighted quarterly average - recent and consistent sources receive higher weight, and extreme outliers are down-weighted with a Tukey filter before the mean is taken. Australian Dollar to
- [Australian Dollar to Rand Forecast: AUD/ZAR Expected to Reach 11.698](https://thepoundhub.com/dollar/australian-dollar-to-rand-forecast-aud-zar-expected-to-reach-11-698/) - Quarterly Australian Dollar projections against the Rand are drawn from aggregated bank research, prevailing market expectations, and our Sentiment Survey. Methodology: Exchange Rates UK Research computes a weighted quarterly average - recent and consistent sources receive higher weight, and extreme outliers are down-weighted with a Tukey filter before the mean is taken. Australian Dollar to
- [Euro strengthens as ECB hikes interest rates for first time since 2023](https://thepoundhub.com/euro/euro-strengthens-as-ecb-hikes-interest-rates-for-first-time-since-2023/) - The EUR/USD pair gathers strength to around 1.1575 during the early Asian trading hours on Friday. The Euro (EUR) edges higher against the US Dollar (USD) on the European Central Bank (ECB) interest rate hike and improved risk sentiment.As widely expected, the ECB decided to raise the key interest rates for the first time since
- [Indian banks raise NRI deposit rates for dollars](https://thepoundhub.com/asian-currency/indian-banks-raise-nri-deposit-rates-for-dollars/) - Indian banks are offering significantly higher interest rates on foreign currency deposits for non-resident Indians (NRIs) after new measures by the Reserve Bank of India (RBI), as lenders compete to attract billions of dollars from overseas investors and support the rupee. The RBI last week unveiled a package of steps designed to boost foreign exchange
- [Dollar Gains 0.16% to 1.3968 Canadian Dollars — Data Talk](https://thepoundhub.com/dollar/dollar-gains-0-16-to-1-3968-canadian-dollars-data-talk/) - Dollar/Canadian dollar: 1.3968 Canadian dollars per dollar (0.7159 dollar per Canadian dollar) --Today the dollar gained 0.16% vs. the Canadian dollar --Largest one-day percentage gain since Friday, June 5, 2026 --Snaps a two session losing streak --Up 11 of the past 16 sessions --Highest five pm New York rate since Tuesday, Dec. 2, 2025 --Off
- [Euro-Office must default to ODF to be considered "genuinely European", LibreOffice argues](https://thepoundhub.com/euro/euro-office-must-default-to-odf-to-be-considered-genuinely-european-libreoffice-argues/) - Euro-Office is a web-based collaborative office suite that positions itself as a "European sovereign alternative" to American tech companies, backed by a coalition of developers including Nextcloud, IONOS, Abilian, BTactic, OpenProject, and, more recently, Tuta. The project officially went live a couple of days ago, but not before drawing heavy fire from LibreOffice developers, who
- [British Pound slips as war-driven PPI fuels US Dollar rebound](https://thepoundhub.com/british-pound/british-pound-slips-as-war-driven-ppi-fuels-us-dollar-rebound/) - The Pound Sterling (GBP) registers losses of 0.19% on Thursday after the latest US inflation report reflected the impact of the Iran war on producer prices, while an escalation of hostilities between Washington and Tehran triggered a recovery in Oil prices. At the time of writing, the GBP/USD pair trades at 1.3330 after peaking at
- [Canadian Dollar: Downside risk against US Dollar as BoC stays patient – BBH](https://thepoundhub.com/dollar/canadian-dollar-downside-risk-against-us-dollar-as-boc-stays-patient-bbh/) - Brown Brothers Harriman’s (BBH) Elias Haddad reports the Bank of Canada (BoC) kept its policy rate at 2.25% for a fifth consecutive meeting and signaled no urgency to hike despite two-way optionality. With markets pricing 50 bps of hikes over twelve months, Haddad judges the swaps curve too aggressive and sees risk that USD/CAD grinds
- [Why is Gold falling during US-Iran war? XAU/USD hits six-month low](https://thepoundhub.com/dollar/why-is-gold-falling-during-us-iran-war-xau-usd-hits-six-month-low/) - Gold (XAU/USD) slides to a six-month low on Thursday, wiping out all the gains recorded this year as a combination of hawkish central bank expectations, a stronger US Dollar (USD) and technical selling keeps buyers on the sidelines.At the time of writing, XAU/USD trades flat around $4,080 after hitting $4,023 earlier in the day, its
- [Euro Forecast: Why The ECB Rate Hike Failed To Lift EUR/USD](https://thepoundhub.com/euro/euro-forecast-why-the-ecb-rate-hike-failed-to-lift-eur-usd/) - The Euro struggled to build on gains after the European Central Bank delivered a widely expected 25bp rate hike, as stronger-than-forecast US inflation data helped offset any support from higher Eurozone interest rates. With markets already fully pricing the ECB move, attention quickly shifted back to the United States, where another hot inflation report reinforced
- [Euro fails to gain traction as geopolitical risks overshadow ECB rate hike](https://thepoundhub.com/euro/euro-fails-to-gain-traction-as-geopolitical-risks-overshadow-ecb-rate-hike/) - EUR/USD struggles near two-month lows on Thursday as traders show a muted reaction to the latest European Central Bank (ECB) interest rate decision. Meanwhile, escalating tensions in the Middle East keep risk sentiment subdued and support the US Dollar (USD), leaving the Euro (EUR) on the defensive.At the time of writing, the pair is trading
- [Pound Sterling Price News and Forecast: GBP trades with caution ahead of UK monthly GDP data](https://thepoundhub.com/british-pound/pound-sterling-price-news-and-forecast-gbp-trades-with-caution-ahead-of-uk-monthly-gdp-data/) - British Pound trades with caution ahead of UK monthly GDP dataThe British Pound (GBP) trades cautiously against its major currency peers during the European trading session on Thursday, down 0.1% to near 1.3350 against the US Dollar (USD). The British currency is marginally down ahead of the United Kingdom (UK) monthly Gross Domestic Product (GDP)
- [Australian Dollar: Gradual grind lower toward 0.6975 – UOB](https://thepoundhub.com/dollar/australian-dollar-gradual-grind-lower-toward-0-6975-uob/) - United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann maintain a negative stance on AUD/USD after the pair closed below 0.7000, though downside momentum is still described as modest. Intraday, they look for further slippage but doubts a clean break of 0.6975. Over 1–3 weeks, price action is seen grinding toward 0.6975, with
- [Australian Dollar remains depressed near two-month lows in risk-off markets](https://thepoundhub.com/dollar/australian-dollar-remains-depressed-near-two-month-lows-in-risk-off-markets/) - The Australian Dollar (AUD) has given away previous gains and is trading lower for the third consecutive day against a stronger US Dollar (USD) on Thursday. The uncertain situation in the Middle East continues to weigh on the risk-sensitive Aussie, while rising bets of Federal Reserve (Fed) rate hikes are buoying the Greenback.Investors remain averse
- [Euro-Office 1.0 arrives to open-source infighting: 'Compatibility is not sovereignty'](https://thepoundhub.com/euro/euro-office-1-0-arrives-to-open-source-infighting-compatibility-is-not-sovereignty/) - Follow ZDNET: Add us as a preferred source on Google.ZDNET's key takeawaysThe first stable release of Euro-Office, an open-source office suite alternative, is out now.Positioned as a cornerstone of EU digital sovereignty, it's not ready for prime time.Opposition from other open-source parties isn't helping. If digital sovereignty is important to you, and it certainly is in
- [Euro: Downside risk against US Dollar as ECB hikes – BBH](https://thepoundhub.com/euro/euro-downside-risk-against-us-dollar-as-ecb-hikes-bbh/) - Brown Brothers Harriman’s (BBH) Elias Haddad highlights EUR/USD trading defensively near 1.1530 ahead of an expected 25 bps European Central Bank (ECB) rate hike to 2.25% and updated projections likely downgrading growth. With Eurozone inflation elevated but activity soft, Haddad expects EUR/USD to edge lower and stabilize closer to 1.1400, reflecting stronger US growth relative
- [Euro trades flat vs Yen as ECB, BoJ policy risks cap EUR/JPY gains](https://thepoundhub.com/euro/euro-trades-flat-vs-yen-as-ecb-boj-policy-risks-cap-eur-jpy-gains/) - EUR/JPY trades around 185.20 on Thursday at the time of writing, as market participants remain cautious ahead of the European Central Bank (ECB) monetary policy decision. While a 25-basis-point rate hike is largely priced in, attention is centered on the tone adopted by ECB President Christine Lagarde and the institution’s updated economic projections.Investors are attempting
- [USD/CHF Price Forecast: Could test 0.8000 barrier near ascending channel top](https://thepoundhub.com/dollar/usd-chf-price-forecast-could-test-0-8000-barrier-near-ascending-channel-top/) - USD/CHF halts its four-day winning streak, trading around 0.7990 during the European hours on Thursday. The technical analysis of the daily chart indicates the pair is moving upwards within the ascending channel pattern, signaling a persistent bullish bias.The USD/CHF pair is extending a constructive recovery above both the nine-day and 50-day Exponential Moving Averages, which
- [EUR/GBP forecast: rare chart pattern points to a crash after ECB decision](https://thepoundhub.com/british-pound/eur-gbp-forecast-rare-chart-pattern-points-to-a-crash-after-ecb-decision/) - The EUR/GBP exchange rate has moved sideways in the past few days as traders focus on the upcoming European Central Bank (ECB) and Bank of England (BoE) interest rate decisions. It was trading at 0.8627, down from last year’s high of 0.8865. It has formed two major chart patterns, pointing to more downside.The daily chart
- [British Pound holds firm vs JPY as Mideast risks offset intervention fears](https://thepoundhub.com/british-pound/british-pound-holds-firm-vs-jpy-as-mideast-risks-offset-intervention-fears/) - The GBP/JPY cross turns positive for the fourth straight day following an intraday dip to the 214.35-214.30 region on Thursday and draws support from a combination of factors. The British Pound (GBP) benefits from a mildly softer US Dollar (USD), which, along with the underlying bearish sentiment surrounding the Japanese Yen (JPY), continues to act
- [Euro treads water near two-month lows ahead of the ECB decision](https://thepoundhub.com/euro/euro-treads-water-near-two-month-lows-ahead-of-the-ecb-decision/) - The Euro (EUR) has given away previous gains against the US Dollar (USD) on Thursday and is trading at 1.1535 at the time of writing, practically unchanged in daily charts with the two-month lows, near 1.1500, at hand. Fresh US strikes on Iran have crushed risk appetite, while market expectations that the European Central Bank
- [Euro holds gains as traders expect ECB rate hike in June](https://thepoundhub.com/euro/euro-holds-gains-as-traders-expect-ecb-rate-hike-in-june/) - EUR/CAD recovers its recent losses registered in the previous day, trading around 1.6110 during the early European hours on Thursday. The currency cross appreciates as the Euro (EUR) receives support ahead of the European Central Bank’s (ECB) policy decision due later in the day.Traders widely expect the ECB to deliver a 25-basis-point rate hike on
- [New Zealand Dollar softens below 0.5800 ahead of US PPI release](https://thepoundhub.com/dollar/new-zealand-dollar-softens-below-0-5800-ahead-of-us-ppi-release/) - The NZD/USD pair loses traction to near 0.5795 during the early European trading hours on Thursday. Renewed skirmishes between the United States (US) and Iran undermine the New Zealand Dollar (NZD) against the US Dollar (USD). Traders brace for the US Producer Price Index (PPI) report, which is due later on Thursday. The US and Iran
- [FX Daily Briefing: Pound Sterling Gains Ground Across Major Currency Pairs](https://thepoundhub.com/british-pound/fx-daily-briefing-pound-sterling-gains-ground-across-major-currency-pairs/) - Pound Sterling is trading broadly higher against major currencies ahead of the European open, with investors focused on today's ECB interest rate decision, Middle East tensions and the outlook for global interest rates. Foreign exchange markets head into the European session focused on today's ECB interest rate decision, ongoing Middle East tensions, and the prospect
- [GBP/USD Forecast: Approaches 1.3400 on soft USD but upside capped](https://thepoundhub.com/british-pound/gbp-usd-forecast-approaches-1-3400-on-soft-usd-but-upside-capped/) - The GBP/USD pair attracts some dip-buyers during the Asian session on Tuesday and stalls the previous day's pullback from the 1.3425 region, or the weekly high. Spot prices currently trade around the 1.3385 zone, up just over 0.10% for the day, though the upside potential seems limited.The US Dollar (USD) edges lower as soft US
- [Indian Rupee slumps amid concerns over sustainability of US-Iran ceasefire](https://thepoundhub.com/asian-currency/indian-rupee-slumps-amid-concerns-over-sustainability-of-us-iran-ceasefire/) - The Indian Rupee (INR) tumbles at open against the US Dollar (USD) on Thursday, with the USD/INR pair rising to near 95.75. The pair gains as a sharp recovery in oil prices due to fears surrounding the collapse of the ceasefire between the United States (US) and Iran has weakened the Indian Rupee.In India’s morning
- [Pound To Dollar Price News, Forecast: GBP Climbs As USD Shrugs Off Three-Year Inflation High](https://thepoundhub.com/british-pound/pound-to-dollar-price-news-forecast-gbp-climbs-as-usd-shrugs-off-three-year-inflation-high/) - The Pound to Dollar (GBP/USD) exchange rate edged higher on Wednesday as the US Dollar struggled to capitalise on another rise in inflation, while a lack of major UK economic releases left Sterling trading in a narrow range. At the time of writing, GBP/USD was trading at $1.3401, up around 0.2% on the day despite
- [Pound-to-Euro Forecast: ECB Guidance Could Trigger Next Major EUR Move](https://thepoundhub.com/british-pound/pound-to-euro-forecast-ecb-guidance-could-trigger-next-major-eur-move/) - The Pound to Euro (GBP/EUR) exchange rate traded in a narrow range on Wednesday as investors awaited the latest European Central Bank policy decision and a lack of major economic releases left both currencies struggling for direction. At the time of writing, GBP/EUR was trading at €1.1580, marginally below Tuesday's two-week high of €1.1590. Latest
- [Japanese Yen moves little after reaching six-week lows](https://thepoundhub.com/asian-currency/japanese-yen-moves-little-after-reaching-six-week-lows/) - USD/JPY remains flat after two days of gains, trading around 160.50 during the Asian hours. The pair moves little after reaching a six-week high of 160.56 during earlier hours on Thursday, which could be attributed to possible foreign-exchange intervention by Japanese authorities.Finance Minister Satsuki Katayama stated earlier this week that the government is keeping a
- [British Pound nudges higher above 1.3350 despite rising Fed hike bets](https://thepoundhub.com/british-pound/british-pound-nudges-higher-above-1-3350-despite-rising-fed-hike-bets/) - The GBP/USD pair gathers strength to around 1.3385 during the Asian trading hours on Thursday. However, the potential upside might be limited amid rising expectations for higher-for-longer US interest rates. Markets might turn cautious later in the day ahead of the US Producer Price Index (PPI) report.A combination of robust labor and hot inflation reports
- [Euro gathers strength to near 1.1550 ahead of ECB rate decision](https://thepoundhub.com/euro/euro-gathers-strength-to-near-1-1550-ahead-of-ecb-rate-decision/) - The EUR/USD pair trades in positive territory near 1.1540 during the early Asian trading hours on Thursday. Rising bets that the European Central Bank (ECB) will deliver a rate hike at its June policy meeting later on Thursday underpin the Euro (EUR) against the Greenback. The ECB is anticipated to hike interest rates later in the
- [Rupee Opens At 95.52 Per Dollar, Know- Why Is Pressure Rising On The Indian Currency & What Are Asian Currencies Signalling?](https://thepoundhub.com/asian-currency/rupee-opens-at-95-52-per-dollar-know-why-is-pressure-rising-on-the-indian-currency-what-are-asian-currencies-signalling/) - The Indian rupee opened 25 paise weaker at 95.52 against the US dollar on June 11, 2026. | Mumbai: The Indian rupee continued to face pressure on June 11, 2026, opening weaker against the US dollar. The domestic currency opened at 95.52 per dollar, down by 25 paise from its previous closing level of 95.27.
- [Currency volatility hitting profitability for food and drink exporters, study finds | News](https://thepoundhub.com/currency/currency-volatility-hitting-profitability-for-food-and-drink-exporters-study-finds-news/) - Currency volatility, made worse by geopolitical turmoil, is hitting profits within food and drink businesses hard, new research by currency risk management specialist Lumon Corporate has warned. Nearly half (45%) of UK food and drink businesses operating on margins below 10% had seen profitability slashed by a third over the past year due to FX
- [The Australian Dollar is long the commodity and short the customer](https://thepoundhub.com/dollar/the-australian-dollar-is-long-the-commodity-and-short-the-customer/) - The Australian Dollar (AUD) has everything a currency bull could ask for except a functioning customer, and Wednesday made that distinction expensive. AUD/USD popped with everything else after the soft core reading in the US Consumer Price Index (CPI) report, stalled ahead of 0.7050, then bled through the entire US session to finish just under
- [The British Pound Sterling is hawkish for all the wrong reasons](https://thepoundhub.com/british-pound/the-british-pound-sterling-is-hawkish-for-all-the-wrong-reasons/) - Pound Sterling was handed a gift on Wednesday and dropped it within the hour. A soft core reading inside the US Consumer Price Index (CPI) report knocked the Dollar back just long enough for GBP/USD to reclaim the 200-day Exponential Moving Average (EMA) around 1.3400, tagging session highs just beyond it before the entire move
- [Asia’s currency fight moves offshore as central banks push back](https://thepoundhub.com/asian-currency/asias-currency-fight-moves-offshore-as-central-banks-push-back/) - Asian central banks are increasingly facing currency pressures originating outside their borders so much so that policymakers have ramped up efforts to curb offshore forex speculation. (June 11): Asian central banks are increasingly facing currency pressures originating outside their borders. From South Korea to India and the Philippines, policymakers have ramped up efforts to curb
- [Dollar Loses 0.02% to 1.3946 Canadian Dollars — Data Talk](https://thepoundhub.com/dollar/dollar-loses-0-02-to-1-3946-canadian-dollars-data-talk/) - Dollar/Canadian dollar: 1.3946 Canadian dollars per dollar (0.7171 dollar per Canadian dollar) --Today the dollar lost 0.02% vs. the Canadian dollar --Down for two straight sessions --Down 0.07% over the last two sessions --Largest two-day percentage decline since Friday, May 29, 2026 --Off 1.23% from its 52-week high of 1.4119 hit Thursday, Nov. 6, 2025
- [Euro-Dollar Upside If ECB Signals More Tightening: Scotiabank EUR/USD Forecast](https://thepoundhub.com/euro/euro-dollar-upside-if-ecb-signals-more-tightening-scotiabank-eur-usd-forecast/) - The Euro to Dollar (EUR/USD) exchange rate has stabilised near 1.1540 after last week's sharp decline, with the pair attempting to recover from a slide that pushed it briefly below 1.15. Scotiabank remains cautiously constructive on the Euro, noting that rising Eurozone-US yield spreads are providing underlying support for the single currency despite lingering geopolitical
- [USD/JPY Price Forecast: Holds 160 intervention zone as RSI climbs](https://thepoundhub.com/dollar/usd-jpy-price-forecast-holds-160-intervention-zone-as-rsi-climbs/) - The USD/JPY pair extends its gains for the second straight day on Wednesday, drifting higher above the 160.00 threshold, in an intervention zone. Still, it remains shy of the year-to-date (YTD) high of 160.72 set on April 30, the same day the pair plunged nearly 500 pips amid the Bank of Japan's (BoJ) market intervention.USD/JPY
- [Australian Dollar loses ground for fourth day as NAB forecasts future RBA rate cuts](https://thepoundhub.com/dollar/australian-dollar-loses-ground-for-fourth-day-as-nab-forecasts-future-rba-rate-cuts/) - The AUD/USD pair trades near 0.7020 on Wednesday, as the Australian Dollar (AUD) continues to lose value after the latest United States (US) inflation report was released mostly in line with expectations, reinforcing the view that the Federal Reserve (Fed) could keep interest rates elevated for longer.The May Consumer Price Index (CPI) rose 0.5% MoM,
- [From Trillion-Dollar Notes to the Euro: The Death of Famous Currencies](https://thepoundhub.com/euro/from-trillion-dollar-notes-to-the-euro-the-death-of-famous-currencies/) - Most people assume currencies last forever. In reality, money is surprisingly fragile.Over the past century alone, hundreds of currencies have disappeared. Some were wiped out by war. Others were destroyed by hyperinflation. Many simply vanished when governments decided to replace them with something stronger.The euro is perhaps the most famous example. When euro notes and
- [Is the Rupee headed to 93 or 100? Can RBI swap measures spark a recovery - Economy News](https://thepoundhub.com/asian-currency/is-the-rupee-headed-to-93-or-100-can-rbi-swap-measures-spark-a-recovery-economy-news/) - The Indian rupee continues to linger in the 95 per dollar range as high dollar demand and sustained FPI outflows limit the scope of upside for the local currency, despite RBI’s recent measures to facilitate concessional forex swaps for overseas borrowing and boost dollar inflows. . Market participants remain divided on the currency’s trajectory, suggesting
- [Australian Dollar: Range-bound outlook near 0.70–0.71 against US Dollar](https://thepoundhub.com/dollar/australian-dollar-range-bound-outlook-near-0-70-0-71-against-us-dollar/) - Rabobank’s Senior FX Strategist Jane Foley highlights that the Australian Dollar (AUD) has fallen from a top G10 performer to the bottom of recent rankings as growth momentum fades and USD strength weighs. The bank notes market expectations for one more Reserve Bank of Australia rate hike this year, but with the hiking cycle nearing
- [Canadian Dollar: Flows reverse as BoC looms – BNY](https://thepoundhub.com/dollar/canadian-dollar-flows-reverse-as-boc-looms-bny/) - BNY’s Bob Savage highlights a sharp reversal in Canadian Dollar (CAD) flows ahead of the June Bank of Canada (BoC) decision versus April, when CAD was generally bid. He links weaker CAD interest to softer real and nominal rates, expectations that the BoC will be among the most dovish G10 central banks, and shifting Fed
- [US Dollar To Canadian Dollar Forecast: Crédit Agricole Targets 1.35 By End-2026](https://thepoundhub.com/dollar/us-dollar-to-canadian-dollar-forecast-credit-agricole-targets-1-35-by-end-2026/) - The US Dollar to Canadian Dollar (USD/CAD) exchange rate remains close to the top of its well-established trading range, with the pair currently trading near 1.3930 after rising steadily from May lows. According to Crédit Agricole, USD/CAD has spent most of the past year trapped between 1.35 and 1.40, with some of the lowest realised
- [GBP/USD Forecast: Long-Term Resistance and Economic Uncertainty Weigh on the Pound](https://thepoundhub.com/british-pound/gbp-usd-forecast-long-term-resistance-and-economic-uncertainty-weigh-on-the-pound/) - Additionally, the UK’s widening trade deficit has exacerbated the economic challenges facing the pound. In July, the deficit increased to £20 billion, up from £18.9 billion the previous month. Expectations that falling energy prices would help reduce the trade gap to £18 billion did not materialize. This larger-than-expected deficit puts further strain on the UK
- [Australian Dollar: 0.7000 support under pressure against US Dollar – UOB](https://thepoundhub.com/dollar/australian-dollar-0-7000-support-under-pressure-against-us-dollar-uob/) - UOB’s Quek Ser Leang and Lee Sue Ann report that AUD/USD spiked to 0.7071 before sliding to 0.7005 and closing at 0.7027. They see slightly stronger downside momentum but doubt a sustained break below 0.7000 in the very near term. Over the next one to three weeks, further declines require a clear move under 0.7000,
- [US Dollar: Core CPI focus keeps DXY supported – ING](https://thepoundhub.com/dollar/us-dollar-core-cpi-focus-keeps-dxy-supported-ing/) - ING’s Chris Turner notes the Dollar is holding recent gains as markets await the US May CPI report, with expectations that firm core inflation will keep Federal Reserve hike pricing alive into December. Rising US real rates have unwound last year’s Dollar debasement trade, pressuring Gold, Bitcoin and the Swiss Franc, while ING projects DXY
- [British Pound hits weekly high vs weak JPY; BoJ hike bets cap gains](https://thepoundhub.com/british-pound/british-pound-hits-weekly-high-vs-weak-jpy-boj-hike-bets-cap-gains/) - The GBP/JPY cross turns positive for the third straight day following an intraday dip to the 214.30-214.25 region and touches a fresh weekly high during the first half of the European session on Wednesday. Spot prices, however, lack bullish conviction and currently trade around the 214.70 area, up less than 1.10% for the day.The Japanese
- [Pound strengthens slightly against dollar despite geopolitical tensions](https://thepoundhub.com/british-pound/pound-strengthens-slightly-against-dollar-despite-geopolitical-tensions/) - The GBP/USD currency pair traded in positive territory around 1.3390 during the early European session on Wednesday as investors positioned themselves ahead of key economic data releases from the United States and the United Kingdom.Market sentiment remained cautious, with traders awaiting the release of the US Consumer Price Index inflation report for May later in
- [Rupee falls 15 paise as West Asia tensions push crude oil prices higher](https://thepoundhub.com/asian-currency/rupee-falls-15-paise-as-west-asia-tensions-push-crude-oil-prices-higher/) - The rupee depreciated by 15 paise against the US dollar in early trade as escalating tensions in West Asia drove crude oil prices higher. Traders said geopolitical uncertainty and rising energy costs continued to exert pressure on the Indian currency. Published Date - 10 June 2026, 12:27 PM Mumbai: The rupee depreciated 15 paise to
- [Euro flatlines against British Pound as traders brace for ECB rate decision](https://thepoundhub.com/euro/euro-flatlines-against-british-pound-as-traders-brace-for-ecb-rate-decision/) - The EUR/GBP cross trades on a flat note near 0.8625 during the early European trading hours on Wednesday. Traders prefer to wait on the sidelines ahead of the European Central Bank (ECB) interest rate decision on Thursday. On Friday, the monthly UK Gross Domestic Product data will provide fresh directions on the Bank of England's
- [British Pound gains ground to near 1.3400 ahead of US CPI release](https://thepoundhub.com/british-pound/british-pound-gains-ground-to-near-1-3400-ahead-of-us-cpi-release/) - The GBP/USD pair trades in positive territory around 1.3390 during the early European trading hours on Wednesday. Markets might turn cautious later in the day ahead of the US May Consumer Price Index (CPI) inflation report. On Friday, the monthly UK Gross Domestic Product data will be in the spotlight. Financial markets had expected the Bank
- [Rupee falls to 95.54 against dollar: Why the currency is under pressure](https://thepoundhub.com/asian-currency/rupee-falls-to-95-54-against-dollar-why-the-currency-is-under-pressure/) - The Indian rupee opened weaker on Wednesday (June 10), slipping 19 paise against the US dollar as persistent foreign fund outflows, importer demand for dollars, and a cautious global risk environment continued to weigh on the local currency.According to market data, the rupee opened at 95.54 per dollar compared with Tuesday's (June 9's) closing level
- [British Pound holds below 1.3400 vs USD on Iran strikes, before US CPI](https://thepoundhub.com/british-pound/british-pound-holds-below-1-3400-vs-usd-on-iran-strikes-before-us-cpi/) - The GBP/USD pair struggles to capitalize on its recovery gains recorded over the past two days, from a three-week low, and oscillates in a narrow band during the Asian session on Wednesday. Spot prices currently trade around the 1.3365-1.3370 area, nearly unchanged for the day, as traders opt to wait for further developments surrounding the
- [Understanding the Egyptian Pound (EGP): Currency of Egypt](https://thepoundhub.com/currency/understanding-the-egyptian-pound-egp-currency-of-egypt/) - Key Takeaways The Egyptian Pound (EGP) is the official currency of the Arab Republic of Egypt, with the symbol E£. Initially backed by precious metals, the Central Bank of Egypt stepped in and began a managed float in 2001 through 2016, at which time it transitioned to a free float.Before the float, a U.S. dollar was
- [Euro edges lower below 1.1550 as US launches self-defense strikes against Iran](https://thepoundhub.com/euro/euro-edges-lower-below-1-1550-as-us-launches-self-defense-strikes-against-iran/) - The EUR/USD pair loses momentum to near 1.1540 during the early Asian session on Wednesday. Renewed tensions in the Middle East following the US attack on Iran drag the Euro (EUR) lower against the US Dollar (USD). Traders brace for the US May Consumer Price Index (CPI) inflation data, which is due later on Wednesday. US
- [British Pound Sterling tries retail therapy, hits the usual ceiling](https://thepoundhub.com/british-pound/british-pound-sterling-tries-retail-therapy-hits-the-usual-ceiling/) - Sterling finally got a piece of good domestic news and managed to enjoy it for about half a session. GBP/USD rallied from just below 1.3350 to a touch above 1.3400 on Tuesday, tagged the 200-day Exponential Moving Average (EMA), and spent the rest of the day leaking back beneath the figure. The bounce was real,
- [Canadian dollar slides to 2026 low as traders expect Bank of Canada to hold rates](https://thepoundhub.com/dollar/canadian-dollar-slides-to-2026-low-as-traders-expect-bank-of-canada-to-hold-rates/) - The Canadian dollar dropped to 1.3969 against the US dollar on June 9, the currency’s weakest print since December 2025. That translates to roughly 71.67 US cents per loonie, a level that has traders increasingly nervous about what comes next for Canada’s economy. The culprit is straightforward: markets are pricing in a Bank of Canada
- [USD/CHF Price Forecast: Holds bullish bias above 0.8000 neckline](https://thepoundhub.com/dollar/usd-chf-price-forecast-holds-bullish-bias-above-0-8000-neckline/) - The USD/CHF pair advances some 0.11% on Tuesday, trading near nine-week highs of 0.7991 as risk aversion boosted the Greenback, which has trimmed earlier losses to challenge the 0.8000 figure.USD/CHF Price Forecast: Technical outlookPrice action shows USD/CHF is bullish-biased after an ‘inverse head-and-shoulders’ was confirmed by a break of the neckline, which opened the door
- [Pound-to-Euro Rate Gains on Middle East Peace Hopes](https://thepoundhub.com/currency/pound-to-euro-rate-gains-on-middle-east-peace-hopes/) - Modified: Tuesday, 9 June 2026 20:01 BST - Written by David Woodsmith STORY LINK Pound-to-Euro Rate Gains on Middle East Peace Hopes The Pound Euro (GBP/EUR) exchange rate strengthened on Tuesday, as hopes of de-escalation in the Middle East helped revive market risk appetite. At the time of writing, GBP/EUR was trading at €1.1580, up almost
- [Thai baht holds near 32.90 against dollar as markets await U.S. data, Middle East developments](https://thepoundhub.com/currency/thai-baht-holds-near-32-90-against-dollar-as-markets-await-u-s-data-middle-east-developments/) - PATTAYA, Thailand – The Thai baht opened at 32.89 per U.S. dollar on Tuesday, June 9, slightly weaker but largely unchanged from the previous close of 32.84, according to Krungthai GLOBAL MARKETS. The bank expects the baht to trade within a range of 32.75–32.95 per dollar over the next 24 hours, as investors remain cautious
- [Australian Dollar Price Forecast: Beware of the 200-day SMA](https://thepoundhub.com/dollar/australian-dollar-price-forecast-beware-of-the-200-day-sma/) - The Aussie Dollar keeps waiting for a fresh catalyst to resume its march north, which kicked in in late March. Meanwhile, dynamics around the US Dollar and geopolitics seem to have been too much for the Aussie, prompting a correction in AUD/USD to the boundaries of the 0.7000 contention zone. However, the AUD’s positive outlook
- [Pound Sterling Price News and Forecast: GBP/USD firms as US CPI countdown tests USD bulls](https://thepoundhub.com/british-pound/pound-sterling-price-news-and-forecast-gbp-usd-firms-as-us-cpi-countdown-tests-usd-bulls/) - British Pound firms as US CPI countdown tests USD bullsThe Pound Sterling gains 0.31% on Tuesday as the Greenback trims some of its earlier losses, amid risk appetite souring and traders waiting for the release of US inflation figures and tensions in the Middle East, tempered by US President Trump's demand on Israel and Iran.
- [British Pound firms as US CPI countdown tests USD bulls](https://thepoundhub.com/british-pound/british-pound-firms-as-us-cpi-countdown-tests-usd-bulls/) - The Pound Sterling gains 0.31% on Tuesday as the Greenback trims some of its earlier losses, amid risk appetite souring and traders waiting for the release of US inflation figures and tensions in the Middle East, tempered by US President Trump's demand on Israel and Iran. The GBP/USD trades at 1.3384 after bottoming near 1.3330.GBP/USD
- [Canadian Dollar steady as Middle East risks, BoC decision in focus](https://thepoundhub.com/dollar/canadian-dollar-steady-as-middle-east-risks-boc-decision-in-focus/) - USD/CAD trades around 1.3950 on Tuesday at the time of writing after snapping a four-day winning streak. The pair is pulling back slightly after reaching a two-month high of 1.3961 on Monday, as the US Dollar (USD) gives back part of its recent gains and investors adjust positions ahead of the Bank of Canada (BoC)
- [How Global Currency Trends Are Shaping Modern Trading Strategies](https://thepoundhub.com/currency/how-global-currency-trends-are-shaping-modern-trading-strategies/) - Some years ago, retail traders in India paid little heed to global currency market movements. Forex was a domain of importers, exporters, and large institutions. But that world no longer exists.Today, a US Federal Reserve rate decision, a leap in the Canadian dollar, or a rush into the Japanese yen can cause Indian stocks to
- [England 1-0 Serbia LIVE: Watch Euro 2024 football score, stats, reaction & analysis](https://thepoundhub.com/euro/england-1-0-serbia-live-watch-euro-2024-football-score-stats-reaction-analysis/) - Winning was exactly what manager Southgate wanted, but this was far from perfect as England made hard work of putting away a workmanlike but uninspiring Serbia.The Euro 2020 runners-up looked on course to comfortably dispatch Serbia after getting that early lead but, as so often has been the case in the past, there was a
- [China, Brazil commit to deepening financial cooperation](https://thepoundhub.com/china-currency/china-brazil-commit-to-deepening-financial-cooperation/) - Attendees of the 12th China-Brazil Financial Subcommittee Meeting of the China-Brazil High-Level Coordination and Cooperation Committee pose for a group photo in Beijing, on June 9, 2026. Photo: Ministry of FinanceChinese and Brazilian officials held a financial and economic meeting in Beijing on Tuesday, where they pledged to further deepening financial and economic cooperation amid
- [Euro-Office: First version of the open-source web office is here](https://thepoundhub.com/euro/euro-office-first-version-of-the-open-source-web-office-is-here/) - The first stable version of the open-source web office suite Euro-Office has been released. This was announced by the leading project partners Nextcloud and Ionos. Euro-Office aims to enable companies, authorities, and other organizations to jointly create and edit documents, spreadsheets, and presentations, and to become independent of proprietary offerings such as Microsoft Office or
- [UPSC Essentials | Mains answer practice — GS 3 (Week 158)](https://thepoundhub.com/asian-currency/upsc-essentials-mains-answer-practice-gs-3-week-158/) - UPSC Essentials brings to you its initiative for the practice of Mains answer writing. It covers essential topics of static and dynamic parts of the UPSC Civil Services syllabus covered under various GS papers. This answer-writing practice is designed to help you as a value addition to your UPSC CSE Mains. Attempt today’s answer writing on questions related
- [Sterling Surge: GBP/JPY Smashes Above 214 With Triple EMA Blessing; Bulls Eye 217](https://thepoundhub.com/british-pound/sterling-surge-gbp-jpy-smashes-above-214-with-triple-ema-blessing-bulls-eye-217/) - GBPJPY trades above 214 on the strong pound sterling. It dropped to a low of 212.93 yesterday; now it is about 214.39. Technicals CMP -214.40 Trend 4- Hour chart Value
- [Japanese Yen: Weak against US Dollar despite BoJ hike bets – MUFG](https://thepoundhub.com/dollar/japanese-yen-weak-against-us-dollar-despite-boj-hike-bets-mufg/) - Lee Hardman at MUFG observes that the Japanese Yen remains under pressure as USD/JPY trades back above 160.00, with markets almost fully pricing a BoJ rate hike at the June 16 meeting. A Nikkei report suggests the BoJ may lift its key rate to 1.00% and pause JGB tapering from FY2027, leaving MUFG expecting the
- [FX Daily: Dollar consolidates recent gains | articles](https://thepoundhub.com/asian-currency/fx-daily-dollar-consolidates-recent-gains-articles/) - The good news for investors is that Friday's sell-off in tech stocks saw little follow-through selling yesterday. And overnight, some of those stocks which led the sell-off, such as the Korean chipmakers, have bounced back strongly. It does seem the creation of leveraged ETFs on these Korean chipmakers has added to volatility, including these leveraged
- [GBP/JPY Price Forecasts: Pound appreciates to 214,00 but remains vulnerable](https://thepoundhub.com/british-pound/gbp-jpy-price-forecasts-pound-appreciates-to-21400-but-remains-vulnerable/) - The British Pound (GBP) posts moderate gains against the Japanese Yen (JPY) on Tuesday, supported by a modest improvement in risk sentiment. The pair has returned to levels above 214.00 from Monday’s lows in the 213.00 area, but the bullish momentum appears frail.The Sterling is drawing support from a moderate risk appetite as hostilities in
- [Why is the British Pound struggling when the BoE is considering rate hikes?](https://thepoundhub.com/british-pound/why-is-the-british-pound-struggling-when-the-boe-is-considering-rate-hikes/) - The British Pound (GBP) is struggling as mounting political uncertainty and deteriorating economic indicators complicate the United Kingdom's outlook. Ahead of the key Gross Domestic Product (GDP) April data to be released on Friday, financial markets are balancing the risk of an economic contraction against the probability of further interest rate hikes by the Bank
- [GBP/USD Price Forecast: Overall trend appears sideways amid Triangle formation](https://thepoundhub.com/british-pound/gbp-usd-price-forecast-overall-trend-appears-sideways-amid-triangle-formation/) - The GBP/USD pair trades 0.26% higher at around 1.3375 during the European trading session on Tuesday. The Cable gains as the US Dollar (USD) declines amid expectations that the United States (US) could reach a deal with Iran soon. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against
- [Vasu Dada Shroff To Yusuff Ali MA, How Indian Entrepreneurs Helped Build Dubai](https://thepoundhub.com/asian-currency/vasu-dada-shroff-to-yusuff-ali-ma-how-indian-entrepreneurs-helped-build-dubai/) - On June 6, 1966, India had devalued the Gulf rupee against the Indian rupee. The Gulf Rupee (the official currency used in several Persian Gulf states, including the present-day UAE, Qatar, etc) was issued by the Reserve Bank of India and pegged to the standard rupee. Refusing to absorb the massive drop in value, these
- [BT Explainer: Why Rupee surrendered its RBI led previous session gains What's behind the fall against Dollar](https://thepoundhub.com/asian-currency/bt-explainer-why-rupee-surrendered-its-rbi-led-previous-session-gains-whats-behind-the-fall-against-dollar/) - The Indian rupee surrendered its previous session's gains on Monday, slipping sharply by 43 paise to close at 95.61 against the US dollar as rising crude oil prices and a stronger greenback weighed on investor sentiment. The domestic currency came under pressure as brent crude oil prices surged over 3% following renewed geopolitical tensions in
- [Euro: Two month low tests against US Dollar as yields swing – Danske Bank](https://thepoundhub.com/euro/euro-two-month-low-tests-against-us-dollar-as-yields-swing-danske-bank/) - Danske Research Team notes that EUR/USD briefly touched a new two‑month low near 1.1500 at the start of the week before retracing slightly higher. They highlight concurrent V-shaped moves in global yields and modest curve steepening. They also point to broader FX dynamics, including Norwegian krona underperformance and Swedish krona strength versus the Euro.Euro pressured
- [Euro holds losses against British Pound despite stronger Germany’s Industrial Production data](https://thepoundhub.com/british-pound/euro-holds-losses-against-british-pound-despite-stronger-germanys-industrial-production-data/) - The EUR/GBP cross holds negative ground near 0.8640 during the early European trading hours on Tuesday. The Euro (EUR) remains weak against the British Pound (GBP) despite the stronger German Industrial Production. European Central Bank (ECB) President Christine Lagarde is set to speak later in the day. Data released by Destatis on Tuesday showed that Germany’s
- [Indian Rupee rebounds as oil prices slump on Iran-Israel truce](https://thepoundhub.com/asian-currency/indian-rupee-rebounds-as-oil-prices-slump-on-iran-israel-truce/) - The Indian Rupee (INR) rebounds against the US Dollar (USD) at open on Tuesday after a sharp decline the previous day. The USD/INR pair drops to near 95.50 as oil prices tumble, following reports of a ceasefire between Israel and Iran after the exchange of attacks over the weekend.As of writing, the MCX Crude Oil
- [Pound To New Zealand Dollar Price News, Forecast: GBP Retreats As UK Bond Yields Jump](https://thepoundhub.com/british-pound/pound-to-new-zealand-dollar-price-news-forecast-gbp-retreats-as-uk-bond-yields-jump/) - The Pound to New Zealand Dollar (GBP/NZD) exchange rate surrendered early gains on Monday as rising UK borrowing costs weighed on Sterling and encouraged investors to lock in profits following the pair's recent advance. At the time of writing, GBP/NZD was trading at NZ$2.2945, down 0.3% on the day after earlier touching a 13-day high.
- [Pound To Dollar Price, News, Forecast: GBP Hits Three-Week Low Amid Fresh Iran-Israel Strikes](https://thepoundhub.com/british-pound/pound-to-dollar-price-news-forecast-gbp-hits-three-week-low-amid-fresh-iran-israel-strikes/) - The Pound to Dollar (GBP/USD) exchange rate weakened at the start of the week as renewed violence in the Middle East boosted demand for the safe-haven US Dollar and weighed on risk-sensitive currencies. At the time of writing, GBP/USD was trading at $1.3330, having earlier touched a three-week low of $1.3306. Latest — Exchange Rates:Pound
- [Pound-to-Euro Forecast: GBP Steady As German Factory Orders Disappoint](https://thepoundhub.com/british-pound/pound-to-euro-forecast-gbp-steady-as-german-factory-orders-disappoint/) - The Pound to Euro (GBP/EUR) exchange rate was little changed at the start of the week as disappointing German industrial data offset pressure on Sterling from rising UK borrowing costs. At the time of writing, GBP/EUR was trading at €1.1575, virtually unchanged on the day. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.15637 (-0.09%)Pound to
- [Soft Asian Currencies Boost Dirham: Is Now the Best Time for Indian, Pakistani and Philippine Expats to Remit Money?](https://thepoundhub.com/asian-currency/soft-asian-currencies-boost-dirham-is-now-the-best-time-for-indian-pakistani-and-philippine-expats-to-remit-money/) - Peso slips amid political and economic strainFor now, favourable rates are prompting households to reassess strategy, deciding whether to lock in current levels or wait for another shift in the market. (Check live forex rates here)Current exchange rates as of 8:21 am on June 9:Indian rupee: 25.94, slightly stronger compared to yesterday's 25.95.Pakistani rupee: 76, unchanged from
- [Indian Rupee, Pakistani Rupee, Philippine Peso Weaken: Best Time for UAE Expats to Remit Dirhams?](https://thepoundhub.com/asian-currency/indian-rupee-pakistani-rupee-philippine-peso-weaken-best-time-for-uae-expats-to-remit-dirhams/) - Peso slips amid political and economic strainFor now, favourable rates are prompting households to reassess strategy, deciding whether to lock in current levels or wait for another shift in the market. (Check live forex rates here)Current exchange rates as of 8:30 am on June 30:Indian rupee: 25.69, slightly weaker compared to yesterday's 25.63.Pakistani rupee: 76, unchanged from
- [Dollar Resilience Amid Middle East Tensions & Fed Hike Speculations](https://thepoundhub.com/currency/dollar-resilience-amid-middle-east-tensions-fed-hike-speculations/) - The U.S. dollar is maintaining its strength, hovering near a two-month high as investors react to escalating tensions in the Middle East and the possibility of future rate hikes by the Federal Reserve. The geopolitical uncertainty has prompted a shift towards safer assets, further boosting the U.S. currency.President Trump's call for calm between Iran and
- [British Pound consolidates near 1.3300 vs USD as upside stays capped](https://thepoundhub.com/british-pound/british-pound-consolidates-near-1-3300-vs-usd-as-upside-stays-capped/) - The GBP/USD pair struggles to capitalize on the previous day's modest bounce from the 1.3300 neighborhood, or over a three-week low, and seesaws between tepid gains/minor losses during the Asian session on Tuesday. Spot prices currently trade around mid-1.3300s amid a softer US Dollar (USD), though the fundamental backdrop warrants some caution before positioning for
- [Japanese Yen softens despite fresh currency intervention threats](https://thepoundhub.com/asian-currency/japanese-yen-softens-despite-fresh-currency-intervention-threats/) - The USD/JPY pair trades in positive territory around 160.20 during the Asian trading hours on Tuesday. Escalation in the Middle East continues to boost the US Dollar (USD) against the Japanese Yen (JPY). However, fears of imminent currency intervention by Japanese authorities might cap the upside for the pair. The US economy posted a third straight
- [Pound Sterling has the best rate in the G7 and the chart of a laggard](https://thepoundhub.com/british-pound/pound-sterling-has-the-best-rate-in-the-g7-and-the-chart-of-a-laggard/) - Pound Sterling is supposed to be the high-carry name in the G7, and for most of this year that logic held. So it is telling that GBP/USD spent Friday and Monday on the wrong side of its 200-day moving average, a level it had not closed below in weeks, with the Bank of England (BoE)
- [Australian Dollar leans on a China prop that's quietly buckling](https://thepoundhub.com/dollar/australian-dollar-leans-on-a-china-prop-thats-quietly-buckling/) - The Australian Dollar spent Monday trying to talk itself into a recovery, and the tape was not buying it. AUD/USD has ridden a China-and-commodities narrative for months, one that conveniently glossed over how shaky both legs of that trade have become, and Friday's Nonfarm Payrolls (NFP) print finally forced a reckoning. US employers added 172K
- [GBP/JPY Price Forecast: Trapped between key SMAs, bulls eye 214.00](https://thepoundhub.com/british-pound/gbp-jpy-price-forecast-trapped-between-key-smas-bulls-eye-214-00/) - The GBP/JPY trims some of its earlier losses, turns nearly flat during the day at around 213.60, and is modestly down 0.09% amid a mixed market mood, an indication of cautious trading amid the ongoing environment.GBP/JPY Price Forecast: Technical OutlookPrice action shows the GBP/JPY is consolidating following last week’s losses of over 0.21%, capped on
- [United States Dollar Index eases as Iran halts military operations against Israel](https://thepoundhub.com/dollar/united-states-dollar-index-eases-as-iran-halts-military-operations-against-israel/) - The US Dollar Index (DXY), which tracks the Greenback's value against a basket of six major currencies, edges lower on Monday as traders assess the evolving situation in the Middle East. At the time of writing, the index is trading around 99.95 after hitting 100.21 earlier in the day, its highest level since April 6.The
- [Amazon raises C$14 billion in record Canadian dollar bond sale to fund AI spending](https://thepoundhub.com/dollar/amazon-raises-c14-billion-in-record-canadian-dollar-bond-sale-to-fund-ai-spending/) - TL;DRAmazon is raising C$14bn ($10bn) in Canada’s largest-ever corporate bond sale, topping Alphabet’s C$8.5bn record from May. Amazon is raising C$14 billion, approximately $10 billion, from investment-grade bonds denominated in Canadian dollars, according to Bloomberg. The deal is the largest corporate bond offering ever in the currency, surpassing the C$8.5 billion Alphabet raised in Canadian
- [Naira remains strong against British pound, trades at N1,823/£1 – P.M. News](https://thepoundhub.com/british-pound/naira-remains-strong-against-british-pound-trades-at-n1823-1-p-m-news/) - The Nigerian naira continued to gain strength against the British pound in the foreign exchange market. According to the latest data from the Central Bank of Nigeria (CBN), the naira closed at N1,823 per pound on Friday, June 5, 2026. This represents a slight improvement from the beginning of June when the exchange rate was
- [British Pound edges higher as Iran-Israel halt hostilities](https://thepoundhub.com/british-pound/british-pound-edges-higher-as-iran-israel-halt-hostilities/) - The Pound Sterling (GBP) registers modest gains of 0.10% on Monday as risk appetite improves despite attacks exchanged between Iran and Israel, which agreed to halt fire as US President Donald Trump demanded the end of shooting to resume talks between Washington and Tehran.Sterling steadies as softer Dollar offsets Fed hike repricingThe GBP/USD pair trades
- [Indian rupee in free fall: What the govt is doing to lure foreign capital and lift currency](https://thepoundhub.com/asian-currency/indian-rupee-in-free-fall-what-the-govt-is-doing-to-lure-foreign-capital-and-lift-currency/) - India's currency has been under pressure for quite some time, with the rupee touching record lows against the US dollar. This depreciation is caused by several factors, including economic uncertainty, record foreign fund outflows and a rising import bill, putting pressure on the country's fiscal.The rupee has depreciated nearly 7% so far in 2026 and
- [Strong US dollar and tariff threats ignite broad Asian currency sell-off](https://thepoundhub.com/asian-currency/strong-us-dollar-and-tariff-threats-ignite-broad-asian-currency-sell-off/) - Energy shocks drag rupiah and yen to fresh lows as new US tariffs compound pain for won and ringgit[SINGAPORE] Some Asian currencies have been battered by a resurgent US dollar in the past week, weakening to lows against both the greenback and the Singapore dollar.This is even as many Asian nations are set to defend
- [West Asia escalation drives rupee, stocks lower as crude oil prices surge | Business News](https://thepoundhub.com/asian-currency/west-asia-escalation-drives-rupee-stocks-lower-as-crude-oil-prices-surge-business-news/) - 4 min readMumbaiJun 8, 2026 07:59 PM IST Further escalation in West Asia pushed the stock markets and the rupee lower on Monday amid concerns over high crude oil prices, an elevated inflation outlook, and potential interest rate hikes by the US Federal Reserve. The Indian currency slumped 0.8% to end the session at 95.71
- [Indian Rupee: RBI measures support INR near term – MUFG](https://thepoundhub.com/asian-currency/indian-rupee-rbi-measures-support-inr-near-term-mufg/) - MUFG’s Michael Wan analyses new Reserve Bank of India and government measures that could generate around US$40bn of inflows and partially plug India’s FY2026/27 balance of payments gap. He turns somewhat less negative on the Indian Rupee, sees USD/INR near 94.00 by the September quarter before a rebound towards 96.00 next year, and expects INR
- [Euro: ECB hike seen limiting upside versus US Dollar – OCBC](https://thepoundhub.com/dollar/euro-ecb-hike-seen-limiting-upside-versus-us-dollar-ocbc/) - OCBC’s Sim Moh Siong expects the European Central Bank (ECB) to deliver a one-off 25 bp ‘insurance’ hike to 2.25%, with updated projections showing higher inflation and weaker growth. With this move largely priced in, Siong warns EUR/USD may struggle to advance without a fresh catalyst, especially as US‑Iran diplomacy stalls and geopolitical risks linger
- [US Dollar: Fed support and risk backdrop – BBH](https://thepoundhub.com/dollar/us-dollar-fed-support-and-risk-backdrop-bbh/) - Brown Brothers Harriman’s (BBH) Elias Haddad notes that the US Dollar (USD) remains firm as United States (US) jobs data, higher Federal Reserve (Fed) rate expectations and rising Oil prices pressure stocks and bonds. Haddad argues USD can keep edging higher against major currencies as improving US labor demand and sticky inflation support a more
- [Rupee slips to 95.70 on oil price surge amid renewed Middle East tensions  - Economy News](https://thepoundhub.com/asian-currency/rupee-slips-to-95-70-on-oil-price-surge-amid-renewed-middle-east-tensions-economy-news/) - The Indian Rupee posted sharp declines, sliding further into the 95 to the dollar levels, weighed by renewed geopolitical tensions, which led to a surge in oil prices. The currency ended Monday’s trade at 95.70 per dollar, down 0.8% from its previous close, marking one of its biggest single-day falls in nearly four weeks. Despite
- [US Dollar Index: Fed pricing and risk-off flows keep DXY supported – ING](https://thepoundhub.com/dollar/us-dollar-index-fed-pricing-and-risk-off-flows-keep-dxy-supported-ing/) - ING’s Chris Turner sees the US Dollar (USD) underpinned by hawkish Federal Reserve repricing and a risk-off tone in equities ahead of key United States (US) Consumer Price Index (CPI) and Producer Price Index (PPI) data. With the Fed in blackout before the June FOMC, he expects limited pushback against tighter pricing and anticipates US
- [Euro bounces from three-month lows at 1.1505 with all eyes on the Middle East](https://thepoundhub.com/euro/euro-bounces-from-three-month-lows-at-1-1505-with-all-eyes-on-the-middle-east/) - The Euro (EUR) turned positive against the US Dollar (USD) in the daily charts heading into the US session opening on Monday as the EUR/USD bounced to 1.1540 after hitting three-month lows at 1.1499. US President Donald Trump's calls to end the hostilities in the Middle East have soothed investors and contributed to trimming some
- [US Dollar: Early summer rebound challenges bears – Societe Generale](https://thepoundhub.com/dollar/us-dollar-early-summer-rebound-challenges-bears-societe-generale/) - Societe Generale’s Kit Juckes notes that recent US labour data have broken the prior FX range, challenging expectations for a weaker Dollar under President Trump. He argues that stronger US growth, rising rate-hike talk from the FOMC and higher inflation risks could undermine the Dollar debasement narrative, even as Europe and Asia struggle with energy
- [Canadian Dollar underperforms at the start of BoC policy week](https://thepoundhub.com/dollar/canadian-dollar-underperforms-at-the-start-of-boc-policy-week/) - The Canadian Dollar (CAD) trades lower against its major currency peers in the European trade on Monday amid caution surrounding the Bank of Canada’s monetary policy announcement on Wednesday.The Loonie faces selling pressure amid expectations that the BoC will hold interest rates steady at 2.25%, even as Canada’s Consumer Price Index (CPI) grew at a
- [Euro: ECB hikes seen as growth headwind – BBH](https://thepoundhub.com/euro/euro-ecb-hikes-seen-as-growth-headwind-bbh/) - Brown Brothers Harriman’s Elias Haddad (BBH) anticipates the European Central Bank (ECB) will end its pause with a 25 bps hike to 2.25% as core and services inflation run above forecasts. However, weaker Eurozone growth prospects and likely downgraded projections lead the bank to expect EUR/USD to decline, even as ECB tightening helps limit downside
- [Canadian Dollar: Shorts jump despite recession – Rabobank](https://thepoundhub.com/dollar/canadian-dollar-shorts-jump-despite-recession-rabobank/) - Rabobank strategists Molly Schwartz and Jane Foley report that Canadian Dollar (CAD) net short positions have surged about 36% to their highest level since December 2025. The Canadian Dollar was the second-worst performing G10 currency in May, as Q1 Gross Domestic Product (GDP) slipped to -0.1% q/q annualized, signaling a technical recession. Nevertheless, markets still
- [Indian Rupee plummets as renewed Middle East conflicts boost oil prices](https://thepoundhub.com/asian-currency/indian-rupee-plummets-as-renewed-middle-east-conflicts-boost-oil-prices/) - The Indian Rupee (INR) starts the week on a negative note against the US Dollar (USD), with the USD/INR pair jumping to near 95.65. The pair gains at open as surprisingly upbeat United States (US) Nonfarm Payrolls (NFP) data for May has strengthened the US Dollar, and rising oil prices due to re-escalating conflicts between
- [British Pound: Seen lower against Euro and US Dollar – ING](https://thepoundhub.com/british-pound/british-pound-seen-lower-against-euro-and-us-dollar-ing/) - ING’s Chris Turner expects the Bank of England (BoE) to avoid tightening this year, with only modest rate hikes priced by markets. Given a hawkish European Central Bank and fragile equity sentiment, he anticipates EUR/GBP moving back toward 0.8680, while GBP/USD could test 1.3300 with outside risk to 1.3200 in a risk-off environment for the
- [Indian Rupee: Inflow tools preferred over hikes – Commerzbank](https://thepoundhub.com/asian-currency/indian-rupee-inflow-tools-preferred-over-hikes-commerzbank/) - Commerzbank’s Charlie Lay highlights that the Reserve Bank of India kept its policy rate at 5.25% and signalled a preference to bolster the Rupee via capital inflow measures rather than tightening. A sizeable inflow package and stronger-than-expected GDP support INR, but the bank still sees vulnerability to high Oil prices and a firm US Dollar,
- [Sterling weakens amid rising US rate bets and Middle East tensions](https://thepoundhub.com/currency/sterling-weakens-amid-rising-us-rate-bets-and-middle-east-tensions/) - The British pound traded close to its lowest level in nearly two months on Monday as a stronger US dollar continued to pressure the currency.The dollar's gains were supported by growing expectations that US interest rates could rise later this year, alongside increased safe-haven demand stemming from escalating tensions in the Middle East.Investor sentiment shifted
- [Euro: ECB hike but growth worries – BNY](https://thepoundhub.com/euro/euro-ecb-hike-but-growth-worries-bny/) - BNY’s Bob Savage notes that an European Central Bank (ECB) rate hike is widely expected, but guidance on future moves and growth risks will be crucial for EUR/USD. The bank argues the Governing Council is unlikely to commit to a prolonged tightening cycle, with the Euro already trading near ECB projections and a modestly weaker
- [Euro advances against Canadian Dollar despite higher oil prices](https://thepoundhub.com/dollar/euro-advances-against-canadian-dollar-despite-higher-oil-prices/) - EUR/CAD inches higher after registering over 0.5% losses in the previous day, trading around 1.6070 during the European hours on Monday. The currency cross gains some ground as the commodity-linked Canadian Dollar (CAD) struggles despite higher oil prices.WTI price rose due to renewed Middle East tensions after Israel and Iran exchanged strikes. The Guardian reported
- [Australian Dollar: Risk extends toward 0.7000 against US Dollar – UOB](https://thepoundhub.com/dollar/australian-dollar-risk-extends-toward-0-7000-against-us-dollar-uob/) - UOB’s Quek Ser Leang and Lee Sue Ann flag that AUD/USD posted its second-largest one‑day loss of the year, dropping toward 0.7040. Near term, the pair may test 0.7020, though a sustained break below is seen as unlikely. Over a 1–3 week horizon, they expect further weakness toward 0.7000, while resistance is now around 0.7080/0.7105.Australian
- [Euro languishes near two-month lows on higher Oil prices, weak Eurozone data](https://thepoundhub.com/euro/euro-languishes-near-two-month-lows-on-higher-oil-prices-weak-eurozone-data/) - The Euro (EUR) consolidates losses against the US Dollar (USD) on Monday, trading at 1.1515 at the time of writing, following a 0.75% sell-off on Friday. A mix of higher Oil prices, as tensions in the Middle East simmer, growing hopes of Federal Reserve (Fed) rate hikes, and downbeat Eurozone data has created a perfect
- [Experts agree: The Indian Rupee enjoys a short-term respite that may not last](https://thepoundhub.com/asian-currency/experts-agree-the-indian-rupee-enjoys-a-short-term-respite-that-may-not-last/) - The Indian Rupee (INR) is receiving a notable boost following the Reserve Bank of India's (RBI) monetary policy meeting on Friday, when policymakers unanimously decided to hold the benchmark repo rate steady at 5.25%. While maintaining a neutral stance, the central bank and the government introduced a comprehensive, coordinated package of capital flow measures designed
- [Goldman Sachs sees RBI measures cushioning rupee fall, expects USD/INR to stabilise](https://thepoundhub.com/asian-currency/goldman-sachs-sees-rbi-measures-cushioning-rupee-fall-expects-usd-inr-to-stabilise/) - ANI | Updated: Jun 08, 2026 15:53 IST New Delhi [India], June 8 (ANI): Global investment bank Goldman Sachs has said the Reserve Bank of India's recent policy measures are likely to help contain depreciation pressures on the Indian rupee by supporting foreign capital inflows and strengthening the country's external balance sheet, even though the
- [Rupee May Find Support As RBI Measures Boost Foreign Inflows](https://thepoundhub.com/asian-currency/rupee-may-find-support-as-rbi-measures-boost-foreign-inflows/) - The Indian rupee could be nearing a period of stability after the Reserve Bank of India (RBI) and the government introduced measures to attract foreign capital, according to Goldman Sachs.In a note, Goldman Sachs analysts led by Kamakshya Trivedi said the latest policy measures are likely to ease pressure on the domestic currency and help
- [GBP/USD Price Forecast: More downside looks likely towards 1.3240](https://thepoundhub.com/british-pound/gbp-usd-price-forecast-more-downside-looks-likely-towards-1-3240/) - The GBP/USD pair trades marginally lower to near 1.3338 during the European trading session on Monday. The pair posts a fresh almost three-week low near 1.3316 in the day, as the US Dollar (USD) outperforms amid growing expectations that the Federal Reserve (Fed) will raise interest rates this year.During press time, the US Dollar Index
- [Naira maintains strength against British Pound, opens trade at N1,823/£1](https://thepoundhub.com/british-pound/naira-maintains-strength-against-british-pound-opens-trade-at-n1823-1/) - The Nigerian naira remains strong against the British Pound Sterling, based on the most recent Nigerian foreign exchange market price action.CBN’s latest data showed the local currency settled at N1,823/£1 on Friday, June 5, 2026.In the first week of June, the Naira modestly recovered, moving away from its high of approximately N1,845/£1 on June 1st.This slight appreciation
- [Indian Rupee: RBI flow measures offer near-term support – OCBC](https://thepoundhub.com/asian-currency/indian-rupee-rbi-flow-measures-offer-near-term-support-ocbc/) - OCBC reports that the Reserve Bank of India kept its policy rate at 5.25% but unveiled targeted capital flow measures, including concessional FX swaps and tax exemptions for foreign investors in government bonds. These steps should support India’s balance of payments and the Rupee near term, though the bank still expects 50 bp of tightening
- [EUR/GBP Price Forecasts: Euro hovers below 0.8655 resistance amid weak German data](https://thepoundhub.com/british-pound/eur-gbp-price-forecasts-euro-hovers-below-0-8655-resistance-amid-weak-german-data/) - The Euro (EUR) has turned lower against the British Pound (GBP) on Monday, although it remains moving within Friday's range. The pair retreated from session highs near 0.8650 and trades at 0.8637 at the time of writing, as downbeat German Factory Orders have set the Euro under renewed pressure.Data released by Destatis earlier on Monday
- [Egypt-China currency swap: Financial instrument or strategic shift?](https://thepoundhub.com/china-currency/egypt-china-currency-swap-financial-instrument-or-strategic-shift/) - At a time when emerging economies are seeking to diversify their financial tools and reduce excessive reliance on the US dollar in selected trade and investment transactions, Egypt and China have renewed their bilateral currency swap agreement for another three years while increasing its value from 18bn yuan to 30bn yuan, equivalent to approximately $4.4bn.
- [Indian Rupee: RBI support measures anchor INR – Commerzbank](https://thepoundhub.com/asian-currency/indian-rupee-rbi-support-measures-anchor-inr-commerzbank/) - Commerzbank strategists note that the Reserve Bank of India kept the repo rate at 5.25% and maintained a neutral stance while signalling rising inflation risks. They expect a 25bp hike by year-end as higher Oil prices, El Niño-related food pressures and robust domestic demand keep inflation elevated. Coordinated RBI-government measures aim to attract foreign capital
- [Pound To Dollar Week Ahead Forecast: GBP Slips As Strong US Data Boosts Greenback](https://thepoundhub.com/british-pound/pound-to-dollar-week-ahead-forecast-gbp-slips-as-strong-us-data-boosts-greenback/) - The Pound to Dollar (GBP/USD) exchange rate drifted lower last week as a series of stronger-than-expected US economic releases reinforced support for the US Dollar. At the time of writing, GBP/USD was trading around $1.3410, down roughly 0.3% over the week. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.33432Euro to Dollar (EUR/USD): 1.15215Dollar to Yen
- [Indian stocks and rupee fall on global selloff, further escalation in West Asia | Business News](https://thepoundhub.com/asian-currency/indian-stocks-and-rupee-fall-on-global-selloff-further-escalation-in-west-asia-business-news/) - 3 min readJun 8, 2026 10:51 AM IST The Indian stock and currency markets opened weaker on Monday, following other big global markets, as further escalation in the situation in West Asia raised crude oil prices and led to investors being cautious. The National Stock Exchange’s (NSE) Nifty 50 index was down 186.95 points or
- [British Pound holds losses below 1.3350 amid Middle East turmoil](https://thepoundhub.com/british-pound/british-pound-holds-losses-below-1-3350-amid-middle-east-turmoil/) - The GBP/USD pair trades with mild losses around 1.3340 during the European trading hours on Monday. Ongoing tensions in the Middle East and rising bets of a US interest rate hike provide some support to the US Dollar (USD) against the British Pound (GBP). The BBC reported on Monday that the Israel Defense Forces (IDF) said
- [Euro 96, Oasis at Knebworth, rise of Girl Power: This is why 1996 was the most iconic year | News UK](https://thepoundhub.com/euro/euro-96-oasis-at-knebworth-rise-of-girl-power-this-is-why-1996-was-the-most-iconic-year-news-uk/) - Stuart Pearce’s ferocious ‘psycho’ celebration. The Spice Girls dancing on the stairs of a London hotel. Jarvis Cocker rushing the stage during a Michael Jackson performance at the Brits. Incredibly, these significant moments in British culture all happened in the same year – 1996. And one man was at the thick of it. Dominic Mohan, former
- [Dollar index holds above 100 mark | Capital Market News](https://thepoundhub.com/dollar/dollar-index-holds-above-100-mark-capital-market-news/) - Last Updated : Jun 08 2026 | 10:31 AM IST The US dollar index surged above 100 mark on Friday to a two month high following strong US jobs report that increased possibility of a Federal Reserve interest rate hike soon. Jobs data showed the US economy added 172,000 positions in May, far exceeding forecasts.
- [Indian Rupee plummets due to renewed Israel-Iran tensions, rising hawkish Fed bets](https://thepoundhub.com/asian-currency/indian-rupee-plummets-due-to-renewed-israel-iran-tensions-rising-hawkish-fed-bets/) - The Indian Rupee (INR) starts the week on a negative note against the US Dollar (USD), with the USD/INR pair jumping to near 95.65. The pair gains at open as surprisingly upbeat United States (US) Nonfarm Payrolls (NFP) data for May has strengthened the US Dollar, and rising oil prices due to re-escalating conflicts between
- [Pound To Euro Week Ahead Forecast: GBP Gains As ECB Decision Looms](https://thepoundhub.com/british-pound/pound-to-euro-week-ahead-forecast-gbp-gains-as-ecb-decision-looms/) - The Pound to Euro (GBP/EUR) exchange rate posted modest gains last week as Sterling outperformed the single currency despite mixed economic data from both the UK and Eurozone. At the time of writing, GBP/EUR was trading around €1.1577, up roughly 0.3% over the week. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.15812Pound to Dollar (GBP/USD):
- [Pound To Euro Weekly Forecast: "Limited" GBP Gains As ECB Decision Looms](https://thepoundhub.com/british-pound/pound-to-euro-weekly-forecast-limited-gbp-gains-as-ecb-decision-looms/) - UPDATE: The Pound to Euro (GBP/EUR) exchange rate is little changed to slightly softer today, trading near 1.1573 after holding within a narrow 1.1565-1.1584 range. The pair is down around 0.06% on the day, although Sterling retains marginal gains over the past week and month, suggesting limited follow-through in either direction. The Euro has found
- [Euro 96, Oasis at Knebworth, rise of Girl Power: This is why 1996 was the most iconic year](https://thepoundhub.com/euro/euro-96-oasis-at-knebworth-rise-of-girl-power-this-is-why-1996-was-the-most-iconic-year/) - Stuart Pearce’s ferocious ‘psycho’ celebration. The Spice Girls dancing on the stairs of a London hotel. Jarvis Cocker rushing the stage during a Michael Jackson performance at the Brits. Incredibly, these significant moments in British culture all happened in the same year – 1996. And one man was at the thick of it. Dominic Mohan, former
- [Rupee's RBI-spurred rally blunted by equity rout, Iran-US setback, ETEnergyworld](https://thepoundhub.com/asian-currency/rupees-rbi-spurred-rally-blunted-by-equity-rout-iran-us-setback-etenergyworld/) - MUMBAI, - The Indian rupee is poised to weaken at Monday's open, with the selloff in Asian equities and fading hopes of a US-Iran peace deal undermining the central bank-supported rally.The rupee is expected to open in the 95.20 to 95.30 range to the US dollar, per traders, after ‌climbing 0.88 per cent on ⁠Friday
- [Euro edges higher above 1.1500 on ECB hike bets, traders eye on Middle East tensions](https://thepoundhub.com/euro/euro-edges-higher-above-1-1500-on-ecb-hike-bets-traders-eye-on-middle-east-tensions/) - The EUR/USD pair gains momentum to around 1.1535 during the early Asian trading hours on Monday. Nonetheless, persistent geopolitical tension might cap the upside for the Euro (EUR) against the US dollar (USD). Germany’s Factory Orders and Eurozone Sentix Investor Confidence reports are due later on Monday. US President Donald Trump said on Sunday that Israel
- [British Pound recovers from three-week low but USD strength caps gains](https://thepoundhub.com/british-pound/british-pound-recovers-from-three-week-low-but-usd-strength-caps-gains/) - The GBP/USD pair recovers slightly from a three-week low, touched during the Asian session on Monday, and climbs closer to mid-1.3300s in the last hour. However, the underlying strong bullish sentiment surrounding the US Dollar (USD) warrants some caution before positioning for any further appreciating move.The USD Index (DXY), which tracks the Greenback against a
- [Australian dollar dives to two-month low as interest rate fears grip markets](https://thepoundhub.com/dollar/australian-dollar-dives-to-two-month-low-as-interest-rate-fears-grip-markets/) - The Australian dollar has found itself under renewed pressure.Earlier, the local currency hit 70.18 US cents, the lowest level since April 8 when it was 69.46 US cents.Later that day, it surged to 70.67 US cents as a two-week truce between the US and Iran was mediated by Pakistan.At 4pm AEST, the Australian dollar was
- [Australian Dollar softens as Middle East tensions, stronger jobs report boost US Dollar](https://thepoundhub.com/dollar/australian-dollar-softens-as-middle-east-tensions-stronger-jobs-report-boost-us-dollar/) - The AUD/USD pair remains under selling pressure near 0.7035 during the early Asian session on Monday. The Australian Dollar (AUD) extends the decline against the US Dollar (USD) amid escalating tensions in the Middle East and stronger-than-expected US economic data. Iran has fired multiple waves of missiles at northern Israel over the weekend. Iranian officials said
- [USD Implodes 17% And June 8th Could Be Worse](https://thepoundhub.com/dollar/usd-implodes-17-and-june-8th-could-be-worse/) - A 2x leveraged semiconductor ETF will eventually give you a day like June 5, 2026. ProShares Ultra Semiconductors (NYSEARCA:USD), which seeks twice the daily return of the Dow Jones U.S. Semiconductors Index, closed at $88.68 on Friday, down roughly 17% from $106.64 the day before. A holder who walked in Friday morning with $10,000 walked
- [Northern Ireland: Josh Magennis on Euro 2016, ambitions and hopes for the future](https://thepoundhub.com/euro/northern-ireland-josh-magennis-on-euro-2016-ambitions-and-hopes-for-the-future/) - Magennis said it was important to help the likes of the teenager trio who are not playing senior football for their clubs, and are making the step up on the international stage."It's a different type of game for them but it's just sort of just communicating with them and helping them bed in as quickly
- [China’s gold reserves rise for 19th straight month in May, with total foreign exchange reserves topping $3.44 trillion](https://thepoundhub.com/china-currency/chinas-gold-reserves-rise-for-19th-straight-month-in-may-with-total-foreign-exchange-reserves-topping-3-44-trillion/) - A sales representative shows a piece of gold jewelry at an expo in Guangzhou, South China's Guangdong Province. File photo: VCGChina has increased its gold reserves for the past 19 consecutive months, official data showed on Sunday, reflecting the country's strategy to diversify international reserves and bolster financial security, Chinese experts said. Data released by the
- [Euro area household borrowing remains steady despite cooling money supply](https://thepoundhub.com/euro/euro-area-household-borrowing-remains-steady-despite-cooling-money-supply/) - Monetary developments in the euro area for April 2026, published this week by the European Central Bank (ECB), showed a broad easing in money supply growth alongside mixed signals in lending to households and firms. The annual growth rate of the broad monetary aggregate M3 fell to 2.7 per cent in April 2026 from 3.2
- [7 Best New Dollar Tree Storage Finds Flying Off Shelves This Week](https://thepoundhub.com/dollar/7-best-new-dollar-tree-storage-finds-flying-off-shelves-this-week/) - Shop 7 new Dollar Tree storage finds, from acrylic wine holders to viral buckets. The product recommendations in this post are recommendations by the writer and/or expert(s) interviewed and do not contain affiliate links. Meaning: If you use these links to buy something, we will not earn a commission. Are you on the hunt for
- [China allows banks to offer higher interest rates on dollar deposits in bid to cool yuan rally](https://thepoundhub.com/china-currency/china-allows-banks-to-offer-higher-interest-rates-on-dollar-deposits-in-bid-to-cool-yuan-rally/) - China has quietly given select banks the green light to offer corporate clients higher interest rates on US dollar deposits, a move designed to slow the yuan’s recent appreciation by keeping more dollars parked in Chinese accounts rather than flowing into the local currency. The policy allows certain banks to set deposit rates above the
- [Korean won breaches 1,560 per dollar for first time since 2009](https://thepoundhub.com/dollar/korean-won-breaches-1560-per-dollar-for-first-time-since-2009/) - The Korean won weakened past the 1,560-per-dollar mark during overnight trading on Saturday for the first time in more than 17 years, sinking to its weakest level since the global financial crisis in 2009.The won was quoted at 1,559 per dollar at the close of overnight trading at 2 a.m. Saturday, weakening 19.9 won from
- [BBC Sounds - Rethink, Rethink... the power of the US dollar](https://thepoundhub.com/dollar/bbc-sounds-rethink-rethink-the-power-of-the-us-dollar/) - The US dollar has underpinned global trade for decades, but is its influence waning, and are there any alternatives? Show more The US dollar is the backbone of global trade and held by governments around the world as a safe haven in times of crisis. It's so powerful that countries like Ecuador and Panama have
- [Dollar to Naira exchange rate today, June 5, 2026: Nigerian currency extends depreciation](https://thepoundhub.com/dollar/dollar-to-naira-exchange-rate-today-june-5-2026-nigerian-currency-extends-depreciation/) - The naira continued to depreciate against the dollar at the official foreign exchange market on Friday, ending the week on a negative note.Data from the Central Bank of Nigeria showed that the naira weakened further on Friday to N1,362.21 per dollar, down from N1,358.75 traded on Thursday. This means that, on a day-to-day basis, the
- [5 Dollar Tree Buys That Feel Cheap — in a Good Way](https://thepoundhub.com/dollar/5-dollar-tree-buys-that-feel-cheap-in-a-good-way/) - Dollar Tree definitely has its fair share of hit-or-miss products, but there are also plenty of finds that are surprisingly decent for a low price.Explore More: 5 Little Luxuries To Buy at Dollar Tree Ahead of SummerRead Next: Start Growing Your Net Worth With Smarter TrackingHere are five Dollar Tree buys that don't feel like
- [Canadian Dollar falls despite solid jobs data as US NFP beat forecasts](https://thepoundhub.com/dollar/canadian-dollar-falls-despite-solid-jobs-data-as-us-nfp-beat-forecasts/) - The USD/CAD pair rises and trades near the 1.3930 region on Friday as the US Dollar (USD) gains ground following a stronger-than-expected Nonfarm Payrolls (NFP) report, offsetting support from an equally impressive Canadian employment release. At the time of writing, the pair trades at 1.3935, up 0.20 on the day after hitting a daily low
- [British Pound breaks below 1.3400 as blowout NFP ignites US Dollar rally](https://thepoundhub.com/british-pound/british-pound-breaks-below-1-3400-as-blowout-nfp-ignites-us-dollar-rally/) - The Pound Sterling (GBP) falls below the 1.3400 figure on Friday, registering losses of 0.37% against the US Dollar (USD) after the latest Nonfarm Payrolls report in the US crushed estimates, backing the narrative that the economy may be close to full employment. Meanwhile, Iran backed Hezbollah’s decision about the ceasefire proposal by the US
- [Indian Rupee: RBI pause supports INR outlook – Societe Generale](https://thepoundhub.com/asian-currency/indian-rupee-rbi-pause-supports-inr-outlook-societe-generale/) - Societe Generale analysts Kunal Kundu and Galvin Chia note that the Reserve Bank of India (RBI) Monetary Policy Committee (MPC) kept the repo rate at 5.25% with a neutral stance, while cutting FY27 Gross Domestic Product (GDP) growth to 6.6% and raising FY27 Consumer Price Index (CPI) inflation to 5.1%. They stress that the macro
- [Euro-Dollar To Recover Moderately Over A 3-6 Month Horizon: Rabobank Forecast](https://thepoundhub.com/euro/euro-dollar-to-recover-moderately-over-a-3-6-month-horizon-rabobank-forecast/) - The Euro to Dollar (EUR/USD) exchange rate has come under renewed pressure and is trading near 1.1560 after falling steadily from May highs above 1.17. Latest — Exchange Rates:Euro to Dollar (EUR/USD): 1.15599 (-0.45%)Pound to Dollar (GBP/USD): 1.3387 (-0.26%)Dollar to Yen (USD/JPY): 160.2625 (+0.17%) Rabobank analysts believe the US Dollar is likely to remain supported
- [Understanding Weak Currency: What Causes It and How to Address It](https://thepoundhub.com/asian-currency/understanding-weak-currency-what-causes-it-and-how-to-address-it/) - Key Takeaways A weak currency has a lower value compared to other currencies due to poor economic fundamentals or governance.High inflation erodes purchasing power, leading to a weak currency while deterring foreign investment.Central banks can address weak currencies by adjusting interest rates and direct currency intervention.Weak currencies benefit export competitiveness but increase import costs, potentially
- [Australian Dollar dips as strong US jobs data lifts the US Dollar](https://thepoundhub.com/dollar/australian-dollar-dips-as-strong-us-jobs-data-lifts-the-us-dollar/) - AUD/USD trades around 0.7105 at the time of writing on Friday, down 0.39% on the day, as the US Dollar (USD) gains support following a stronger-than-expected US employment report.The Bureau of Labor Statistics reported that Nonfarm Payrolls (NFP) increased by 172K in May, following an upwardly revised gain of 179K in April. The market had
- [India's measures to protect Indian rupee seen drawing about $40 billion, analysts say - Markets](https://thepoundhub.com/asian-currency/indias-measures-to-protect-indian-rupee-seen-drawing-about-40-billion-analysts-say-markets/) - MUMBAI: India on Friday announced a raft of measures to attract dollar inflows into the country, at a time when rising crude oil prices and record outflows from equities have pushed the rupee to all-time lows. All new 15-year, 30-year and 40-year government bonds will be a part of so-called fully accessible route that allows
- [India ramps up defence of faltering rupee after holding fire on rates - World](https://thepoundhub.com/asian-currency/india-ramps-up-defence-of-faltering-rupee-after-holding-fire-on-rates-world/) - MUMBAI: The Reserve Bank of India held its benchmark interest rate steady on Friday and unveiled steps to help defend the embattled rupee, as the economy grapples with costly oil and foreign investor outflows in the wake of the Iran war. The measures, which include scrapping capital gains tax for foreign holders of government bonds
- [12 countries where the Canadian dollar goes a long way in 2026, according to an expert](https://thepoundhub.com/dollar/12-countries-where-the-canadian-dollar-goes-a-long-way-in-2026-according-to-an-expert/) - If you've been dreaming of an international getaway but the state of the Canadian dollar has you second-guessing your budget, here's some good news: there are plenty of incredible, beautiful, bucket-list-worthy destinations where your money will go further than you might expect.Whether you're searching for cheap places to travel from Canada, countries where the Canadian
- [Euro: Three paths to higher levels against US Dollar – Commerzbank](https://thepoundhub.com/euro/euro-three-paths-to-higher-levels-against-us-dollar-commerzbank/) - Pfister at Commerzbank outlines three scenarios for higher EUR/USD in coming weeks. The pair has retreated towards 1.16 as markets cut European Central Bank (ECB) hike expectations from four moves to about 70 bps. Upside could come from a more hawkish ECB, a repricing of Fed hikes if data disappoints, or an end to the
- [RBI takes major steps to boost rupee, attract foreign capital](https://thepoundhub.com/asian-currency/rbi-takes-major-steps-to-boost-rupee-attract-foreign-capital/) - What's the story The Reserve Bank of India (RBI) has announced five major measures to attract foreign capital and bolster the Indian rupee. The move comes in light of the currency's recent struggles due to geopolitical tensions in West Asia, rising crude oil prices, and foreign portfolio investor (FPI)-related dollar outflows from Indian equity markets.
- [Technical analysis of the Dow as it trades in record highs while GBP/USD range trades and US natural gas futures are capped by resistance.](https://thepoundhub.com/british-pound/technical-analysis-of-the-dow-as-it-trades-in-record-highs-while-gbp-usd-range-trades-and-us-natural-gas-futures-are-capped-by-resistance/) - Macro update Asian equities slide amid AI profit-taking and geopolitical concerns: MSCI’s Asia-Pacific index excluding Japan fell 1.8%, while South Korea’s Kospi tumbled as much as 7% and Japan’s Nikkei declined 1.6%, as investors reduced exposure to technology stocks following disappointing results from Broadcom and adopted a more cautious stance amid a lack of progress
- [Euro: Downside risks toward key supports against US Dollar – UOB](https://thepoundhub.com/euro/euro-downside-risks-toward-key-supports-against-us-dollar-uob/) - UOB’s Quek Ser Leang and Lee Sue Ann see EUR/USD consolidating near 1.16 with momentum indicators flattening intraday, but the broader bias tilting lower. A break below 1.1590 would raise the risk of a move toward 1.1555, while over the coming months price action is expected within a 1.1555–1.1750 range, with 1.1555 viewed as more
- [USD/JPY Price Forecast: Consolidates near 160.00 as US NFP takes centre stage](https://thepoundhub.com/dollar/usd-jpy-price-forecast-consolidates-near-160-00-as-us-nfp-takes-centre-stage/) - The USD/JPY pair trades in a tight range around 160.00 during the European trading session on Friday. The pair wobbles as investors await the United States (US) Nonfarm Payrolls (NFP) data for May, which will be published at 12:30 GMT.Investors will closely monitor the employment data to get fresh cues regarding the Federal Reserve’s (Fed)
- [Rupee surges nearly 1% after India scraps capital gains tax on FII bond investments - Economy News](https://thepoundhub.com/asian-currency/rupee-surges-nearly-1-after-india-scraps-capital-gains-tax-on-fii-bond-investments-economy-news/) - The Indian rupee witnessed steep appreciation as RBI governor Sanjay Malhotra announced measures towards managing foreign exchange stability and boosting foreign capital inflows in the country. The currency touched an intraday high of 94.75 per dollar, weighed by positive sentiment, as the central bank kept key policy rates unchanged. The domestic currency had opened almost
- [Canadian Dollar Remains Vulnerable Near 1.40](https://thepoundhub.com/dollar/canadian-dollar-remains-vulnerable-near-1-40/) - The US Dollar to Canadian Dollar (USD/CAD) exchange rate has strengthened steadily over the past two weeks and is trading near 1.3900 after climbing from levels below 1.38 at the end of May. Scotiabank notes that a run of disappointing Canadian economic data has contrasted sharply with stronger US releases, helping to widen interest-rate differentials
- [Neither inflation nor the RBA: What's actually driving the Australian Dollar lower](https://thepoundhub.com/dollar/neither-inflation-nor-the-rba-whats-actually-driving-the-australian-dollar-lower/) - The Australian Dollar (AUD) is navigating rough waters, in the stark divergence between persistent domestic inflation and slowing economic growth. While the Reserve Bank of Australia (RBA) maintains a restrictive policy stance to counter re-accelerating price pressures fueled by tight labor conditions and the energy shock, recent disappointing gross domestic product (GDP) figures have triggered
- [Canadian Dollar: Jobs data and BoC doubts support upside versus USD – ING](https://thepoundhub.com/dollar/canadian-dollar-jobs-data-and-boc-doubts-support-upside-versus-usd-ing/) - Francesco Pesole at ING flags that weak April Canadian labour data and a still-dovish jobs contribution to Bank of Canada policy contrast with a widening USD/CAD two-year swap spread and emerging USMCA risk premium. ING’s BoC view is more dovish than markets, leaving them less optimistic on the Loonie versus other commodity currencies and seeing
- [EUR/GBP Price Forecasts: Euro recovery stalls below 0.8655 in risk-off markets](https://thepoundhub.com/euro/eur-gbp-price-forecasts-euro-recovery-stalls-below-0-8655-in-risk-off-markets/) - The Euro (EUR) moves higher for the third consecutive day against the British Pound (GBP) on Friday, although bulls are failing to find acceptance above 0.8655. A cautious market mood amid downbeat news from the Middle East is weighing on the Euro across the board, while in the UK, housing price figures have failed to
- [Pound rocked by Labour leadership crisis, US dollar strengthened by Middle East uncertainty « Euro Weekly News](https://thepoundhub.com/currency/pound-rocked-by-labour-leadership-crisis-us-dollar-strengthened-by-middle-east-uncertainty-euro-weekly-news/) - The euro showed resilience through the first half of May. Credit: Currencies Direct Euro EUR/GBP: Unchanged at £0.86 EUR/USD: Down from $1.17 to $1.16 The euro showed resilience through the first half of May, with the single currency underpinned by rising confidence that the European Central Bank (ECB) will deliver multiple interest rate hikes this
- [British Pound-to-Euro Forecast: Eurozone GDP, BoE Speakers Set To Drive Direction](https://thepoundhub.com/british-pound/british-pound-to-euro-forecast-eurozone-gdp-boe-speakers-set-to-drive-direction/) - The Pound to Euro (GBP/EUR) exchange rate traded in a narrow range on Thursday as investors weighed mixed Eurozone economic data against cautious optimism surrounding developments in the Middle East. At the time of writing, GBP/EUR was trading around €1.1550, little changed on the day. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.156 (+0.01%)Pound to
- [GBP/AUD Forecast: Risk Sentiment And US Payrolls Set To Drive Direction](https://thepoundhub.com/british-pound/gbp-aud-forecast-risk-sentiment-and-us-payrolls-set-to-drive-direction/) - The Pound to Australian Dollar (GBP/AUD) exchange rate hovered near a one-week high on Thursday as renewed geopolitical tensions weighed on the risk-sensitive Australian Dollar. At the time of writing, GBP/AUD was trading around AU$1.8841, with the pairing confined to a relatively narrow range. Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD): 1.88533 (+0.15%)Pound to
- [Pound To Dollar Forecast: GBP Firms As Middle East Ceasefire Weighs On USD](https://thepoundhub.com/british-pound/pound-to-dollar-forecast-gbp-firms-as-middle-east-ceasefire-weighs-on-usd/) - The Pound to Dollar (GBP/USD) exchange rate edged higher on Thursday as hopes of a de-escalation in Middle East tensions reduced demand for the safe-haven US Dollar. At the time of writing, GBP/USD was trading around $1.3430, modestly higher on the day. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.34356 (+0.1%)Euro to Dollar (EUR/USD): 1.16232
- [Govt Exempts FPIs From Capital Gains Tax On G-Secs: How It Will Impact Markets, Rupee And Investors | Markets News](https://thepoundhub.com/asian-currency/govt-exempts-fpis-from-capital-gains-tax-on-g-secs-how-it-will-impact-markets-rupee-and-investors-markets-news/) - Last Updated:June 05, 2026, 11:12 ISTThe move comes as India seeks to attract foreign investors into the country and to deepen its bond market.The government has exempted foreign investors from paying capital gains tax on investments in Indian government securities (G-Secs), a move aimed at attracting more overseas capital into the country’s debt market and
- [Scaling China’s Hidden Intervention In the Foreign Exchange Market](https://thepoundhub.com/china-currency/scaling-chinas-hidden-intervention-in-the-foreign-exchange-market/) - This certainly happened in 2005 and 2006, when the PBOC used swaps to transfer dollars over to the state banks (the state banks invested the funds in foreign bonds, and registered as a portfolio debt outflow). It happened again in the 2007 and 2008, which the state commercial banks were required to hold a portion
- [Economic Exposure: Strategies to Manage Currency Risk](https://thepoundhub.com/currency/economic-exposure-strategies-to-manage-currency-risk/) - Key Takeaways Economic exposure affects cash flows and market value due to currency fluctuations.Multinational companies face greater economic exposure risks.Mitigation includes diversification and currency risk management.Exchange rate changes can impact domestic-only businesses.Managing economic exposure seeks to reduce the impact of exchange rates on cash flow. Get personalized, AI-powered answers built on 27+ years of trusted
- [GBP to INR Forecast: The Pair Navigates BOE Hawkish Shift and RBI's Defensive Stance](https://thepoundhub.com/british-pound/gbp-to-inr-forecast-the-pair-navigates-boe-hawkish-shift-and-rbis-defensive-stance/) - Summary:The persistent inflationary pressures in the UK are compelling the Bank of England to remain hawkish on the interest rates, which is providing structural support to the Pound versus the Rupee. High global crude oil prices expand India's current account deficit and pressure the Indian Rupee toward record lows, driving upward momentum for the GBP/INR cross-rate.
- [The Dollar’s Slow Bleed And What It Means For Your Portfolio](https://thepoundhub.com/dollar/the-dollars-slow-bleed-and-what-it-means-for-your-portfolio/) - The U.S. dollar index has fallen below 97.0, reaching a four-year low against a basket of major currencies. For most investors whose portfolios are denominated in dollars, this shift has been easy to overlook — the domestic equity market has been strong enough to paper over the currency story. But the dollar's decline is not
- [Dollar slips from two-month high amid Iran talks, yen trades near 160](https://thepoundhub.com/dollar/dollar-slips-from-two-month-high-amid-iran-talks-yen-trades-near-160/) - NEW YORK/LONDON, June 4 : The dollar slipped from a two-month high on Thursday as optimism rose about a ceasefire in Lebanon, while markets were alert to possible intervention as the Japanese yen hovered near the key 160 level.Lebanese President Joseph Aoun said on Thursday that the ceasefire with Israel would come into force within
- [Dollar at two-month high as Gulf hostilities flare, yen near intervention zone](https://thepoundhub.com/dollar/dollar-at-two-month-high-as-gulf-hostilities-flare-yen-near-intervention-zone/) - The dollar held near a two-month high on Thursday as fresh Gulf hostilities sent oil prices higher, while the Japanese yen hovered near the key 160 level.Noriko Hayashi | Bloomberg | Getty ImagesThe dollar slipped from a two-month high on Thursday as ⁠optimism rose about a ceasefire in Lebanon, while markets were alert to the possibility of intervention
- [US Dollar Index: Higher yields and Fed pricing support – Deutsche Bank](https://thepoundhub.com/dollar/us-dollar-index-higher-yields-and-fed-pricing-support-deutsche-bank/) - Deutsche Bank strategists note that rising US yields and stronger data have pushed market pricing for a Fed rate hike by December to 81%, helping support the Dollar Index. They highlight firmer ISM services and ADP payrolls, alongside higher US inflation swaps, as investors reassess the path of US policy relative to the European Central
- [British Pound: Pressure building below 1.3390 versus US Dollar – UOB](https://thepoundhub.com/british-pound/british-pound-pressure-building-below-1-3390-versus-us-dollar-uob/) - UOB’s Quek Ser Leang and Lee Sue Ann report that GBP/USD has turned lower after failing to sustain gains above 1.3470. Short‑term momentum is now skewed to the downside, with scope for a test of 1.3405 and rising risk of a break below 1.3390 if the pair stays under 1.3470. Longer term, a weekly close
- [Canadian Dollar Falls As Middle East War Intensifies](https://thepoundhub.com/dollar/canadian-dollar-falls-as-middle-east-war-intensifies/) - CANBERA (dpa-AFX) - The Canadian dollar weakened against other major currencies in the European session on Thursday, as investor mood was negatively impacted by the escalation of international trade and the conflicts in the Middle East.New attacks in the Middle East stalled the signing of a U.S.-Iran peace agreement, delaying the reopening of the Strait
- [Euro Stablecoins Are Scaling While The Digital Euro Waits On Brussels](https://thepoundhub.com/euro/euro-stablecoins-are-scaling-while-the-digital-euro-waits-on-brussels/) - The European Central Bank put two numbers next to each other in its April 2026 Macroprudential Bulletin, and the juxtaposition is the whole story. Euro-denominated stablecoins reached a market capitalization of about €450 million in January 2026, up from €50 million two years earlier. Dollar-denominated stablecoins, over the same period, sat at roughly $300 billion.A
- [British Pound, Euro Join US Dollar As Big Losers Against Pakistani Rupee Today](https://thepoundhub.com/british-pound/british-pound-euro-join-us-dollar-as-big-losers-against-pakistani-rupee-today/) - The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 172nd consecutive day on Thursday. The PKR closed at 278.42 after gaining three paisas against the US Dollar today. The PKR is expected to extend its slow win streak against US Dollar to at least 6 months. Other Currencies PKR was
- [Australian Dollar to Baht Forecast: AUD/THB Expected to Reach 22.790](https://thepoundhub.com/dollar/australian-dollar-to-baht-forecast-aud-thb-expected-to-reach-22-790/) - Quarterly Australian Dollar projections against the Baht are drawn from aggregated bank research, prevailing market expectations, and our Sentiment Survey. Methodology: Exchange Rates UK Research computes a weighted quarterly average - recent and consistent sources receive higher weight, and extreme outliers are down-weighted with a Tukey filter before the mean is taken. Australian Dollar to
- [USD/CNY Forecast: Why BofA Believes The Chinese Yuan Can Extend Gains](https://thepoundhub.com/china-currency/usd-cny-forecast-why-bofa-believes-the-chinese-yuan-can-extend-gains/) - The US Dollar to Chinese Yuan (USD/CNY) exchange rate remains under pressure and is trading near 6.77 after the Chinese currency outperformed most regional peers during the first half of the year. Bank of America expects the Yuan to remain well supported, arguing that foreign exchange flows rather than traditional economic fundamentals have become the
- [Pound Sterling Today: UK Construction Sector Weakens Further As Confidence Slumps](https://thepoundhub.com/british-pound/pound-sterling-today-uk-construction-sector-weakens-further-as-confidence-slumps/) - The British Pound showed a mixed performance on Thursday after fresh survey data highlighted ongoing weakness in the UK construction sector, reinforcing concerns that higher energy costs and economic uncertainty are weighing on activity. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.15625 (-0.02%)Pound to Dollar (GBP/USD): 1.34583 (+0.25%)Euro to Dollar (EUR/USD): 1.16396 (+0.27%) The latest
- [Egypt: People's Bank of China extends currency swap agreement with CBE for 3 years](https://thepoundhub.com/china-currency/egypt-peoples-bank-of-china-extends-currency-swap-agreement-with-cbe-for-3-years/) - Arab Finance: The People's Bank of China (PBOC) has extended its bilateral currency swap agreement with the Central Bank of Egypt (CBE) for an additional three years, alarabiya.net reported. The move reaffirms the two countries' ongoing financial and monetary cooperation and supports the use of local currencies in trade and investment transactions. The two central
- [Euro-Office Challenges Microsoft 365 - Yahoo News UK](https://thepoundhub.com/euro/euro-office-challenges-microsoft-365-yahoo-news-uk/) - On June 9, 2026, Euro-Office, a new office software from Europe, will launch. The project aims to provide an alternative to established offerings such as Microsoft 365 and Google Docs. According to the companies and organizations involved, the main goal is to make government agencies, schools, and businesses less dependent on U.S. providers.Euro-Office is backed
- [The hidden cost of a single-currency wallet](https://thepoundhub.com/currency/the-hidden-cost-of-a-single-currency-wallet/) - Most people never see it coming. It doesn't arrive as a bill, appear as a warning on your screen, or get explained to you at the checkout. Yet every time you use your card overseas, pay an invoice from abroad or receive money from another country, a tax is quietly collected – not by any
- [USD/JPY forecast: Japanese yen crashes as traders predict 2 BoJ rate hikes](https://thepoundhub.com/dollar/usd-jpy-forecast-japanese-yen-crashes-as-traders-predict-2-boj-rate-hikes/) - The Japanese yen continued its downward spiral today as the US dollar rally gained steam, overriding predictions that the BoJ will hike interest rates twice this year. The USD/JPY exchange rate jumped to 159.88, its highest point since April 30th. It has now nearly completed its recovery since the BoJ intervened in April.The USD/JPY pair
- [Euro holds above one-week low vs softer USD; Iran risks cap gains](https://thepoundhub.com/euro/euro-holds-above-one-week-low-vs-softer-usd-iran-risks-cap-gains/) - The EUR/USD pair sticks to modest intraday gains through the first half of the European session, albeit it lacks follow-through buying and remains close to a one-week low touched earlier this Thursday. Spot prices currently trade above the 1.1600 mark, up just over 0.10% for the day amid a softer US Dollar (USD).The Israel-Lebanon truce
- [Pound treads water amid uncertainty about Iran peace talks - Markets](https://thepoundhub.com/british-pound/pound-treads-water-amid-uncertainty-about-iran-peace-talks-markets/) - LONDON: The pound was little changed on Thursday as markets remained focused on the uncertain outcome of US-Iran peace talks. Israel and ​Lebanon agreed to implement a ceasefire to end hostilities, the ‌Trump administration said on Wednesday, bolstering hopes of a broader deal. But that came after Iran earlier struck Kuwait’s airport and the U.S.
- [Dollar edges higher as investors weigh economic data](https://thepoundhub.com/dollar/dollar-edges-higher-as-investors-weigh-economic-data/) - The US Dollar strengthened against major currencies on Wednesday, supported by stronger-than-expected economic data and continued uncertainty surrounding negotiations between the United States and Iran. Investors are now turning their attention to key labour market data due later this week, including weekly jobless claims and the closely watched Nonfarm Payrolls report for May.The Dollar's gains
- [(LEAD) S. Korea's currency hits over 2-month low on renewed tension in Middle East](https://thepoundhub.com/currency/lead-s-koreas-currency-hits-over-2-month-low-on-renewed-tension-in-middle-east/) - (ATTN: UPDATES with latest details) SEOUL, June 4 (Yonhap) -- The South Korean won sharply weakened against the U.S. dollar Thursday due to renewed tensions in the Middle East as the United States and Iran engaged in a fresh round of airstrikes. The won was quoted at 1,529.7 won per dollar at 3:30 p.m., down
- [GBP/USD Price Forecast: Reflects sideways trend amid US-Iran deadlock](https://thepoundhub.com/british-pound/gbp-usd-price-forecast-reflects-sideways-trend-amid-us-iran-deadlock/) - The GBP/USD pair ticks up to near 1.3430 during the early European trade on Thursday, but has been broadly sideways in a range between 1.3407 and 1.3485 over the last four trading days. The Cable struggles for direction as negotiations between the United States (US) and Iran regarding the permanent peace deal fail to make
- [Euro: Real rate headwinds and fragile demand – BNY](https://thepoundhub.com/euro/euro-real-rate-headwinds-and-fragile-demand-bny/) - BNY’s Geoff Yu argues that despite aggressive ECB pricing, the Euro is failing to benefit as real rate dynamics and growth concerns weigh on EUR/USD. He notes that tighter policy could quickly morph into expectations of forward easing, with Bund yields capped and Eurozone services PMIs signaling demand weakness. The analysis questions whether ECB hawkishness
- [Pound Sterling Price News and Forecast: GBP/USD reverses a part of the overnight losses](https://thepoundhub.com/british-pound/pound-sterling-price-news-and-forecast-gbp-usd-reverses-a-part-of-the-overnight-losses/) - British Pound edges higher vs softer USD; lacks bullish conviction as Iran risks persistThe GBP/USD pair attracts some dip-buyers following the previous day's slide back closer to the weekly low and trades above the 1.3400 mark during the Asian session on Thursday. The uptick is sponsored by a softer US Dollar (USD), though the upside
- [Indian rupee's slide sparks fresh fears of Rs100 per dollar era](https://thepoundhub.com/asian-currency/indian-rupees-slide-sparks-fresh-fears-of-rs100-per-dollar-era/) - [Editor's Note: Follow the Khaleej Times live blog for the latest regional developments with the US-Israel-Iran ceasefire now in effect.]India's rupee is facing its most severe test in recent memory, with economists warning that the currency could weaken to a record Rs98 against the US dollar, or to Rs96.70 against the dirham, by July and potentially breach the
- [Indian rupee nears Rs100 per dollar: What it means for UAE expats](https://thepoundhub.com/asian-currency/indian-rupee-nears-rs100-per-dollar-what-it-means-for-uae-expats/) - [Editor's Note: Follow the Khaleej Times live blog for the latest regional developments with the US-Israel-Iran ceasefire now in effect.]India's rupee is facing its most severe test in recent memory, with economists warning that the currency could weaken to a record Rs98 against the US dollar, or to Rs96.70 against the dirham, by July and potentially breach the
- [GBP/AUD Rate Today: Trade Deficit Fears, RBA Bets Weigh On Aussie](https://thepoundhub.com/british-pound/gbp-aud-rate-today-trade-deficit-fears-rba-bets-weigh-on-aussie/) - The Pound to Australian Dollar (GBP/AUD) exchange rate pushed higher on Wednesday as disappointing Australian growth figures and a more cautious market mood weighed on the 'Aussie'. At the time of writing, GBP/AUD was trading around AU$1.8784, up roughly 0.2% on the day. Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD): 1.88341 (+0.06%)Pound to Dollar
- [Indian Rupee vs US Dollar: Outflows, Oil Prices & RBI Policy: Rediff Moneynews](https://thepoundhub.com/asian-currency/indian-rupee-vs-us-dollar-outflows-oil-prices-rbi-policy-rediff-moneynews/) - Indian Rupee trades in a narrow range against the US dollar. Foreign fund outflows, rising crude oil prices, and the upcoming RBI policy decision weigh on sentiment.Mumbai, Jun 4 (PTI) The rupee traded in a narrow range against the US dollar in early trade on Thursday as rising equity outflows and dimming prospects of US-Iran
- [Euro-Dollar Expected To Rise Later This Year: Rabobank](https://thepoundhub.com/euro/euro-dollar-expected-to-rise-later-this-year-rabobank/) - The Euro to Dollar (EUR/USD) exchange rate has drifted lower over the past week and is trading near 1.1610 after failing to sustain gains above 1.17 during May. Latest — Exchange Rates:Euro to Dollar (EUR/USD): 1.16089 (+0.01%)Pound to Dollar (GBP/USD): 1.34295 (+0.03%)Dollar to Yen (USD/JPY): 159.8915 (-0.04%) Foreign exchange analysts at Rabobank expect the US
- [Pound Sterling: Slower UK Growth May Keep Bank Of England On Hold](https://thepoundhub.com/british-pound/pound-sterling-slower-uk-growth-may-keep-bank-of-england-on-hold/) - The Pound Sterling traded little changed on Thursday after the final UK PMI survey showed the services sector performed better than initially estimated in May, although the broader picture still points to slowing economic momentum. At the time of writing, the Pound to Dollar exchange rate (GBP/USD) traded near 1.3431, while the Pound to Euro
- [Remittances anchor the rupee, India’s external balances](https://thepoundhub.com/asian-currency/remittances-anchor-the-rupee-indias-external-balances/) - Picture for representation | Photo Credit: Freepik The Indian rupee has lost nearly 12% of its value against the U.S. dollar since May 2025. Several analysts have noted the consistent decline in net Foreign Direct Investment (FDI) and net Foreign Portfolio Investment (FPI) flows as a cause.The ebbing of net FDI and FPI flows notably
- [Korea's currency hits over 2-month low on renewed tension in Middle East](https://thepoundhub.com/currency/koreas-currency-hits-over-2-month-low-on-renewed-tension-in-middle-east/) - The won-dollar exchange rate is displayed on a screen at a dealing room in Hana Bank, Seoul, Thursday. YonhapThe Korean won sharply weakened against the U.S. dollar Thursday due to renewed tensions in the Middle East as the United States and Iran engaged in a fresh round of airstrikes.The won was quoted at 1,529.7 won
- [Australian Dollar tumbles as Hormuz strikes spark US Dollar flight](https://thepoundhub.com/dollar/australian-dollar-tumbles-as-hormuz-strikes-spark-us-dollar-flight/) - The Australian Dollar (AUD) drops some 0.70% on Wednesday against the US Dollar (USD) as risk appetite shifted sour as hostilities in the Middle East resumed amid the lack of progress in US-Iran talks to reach a dealAUD/USD slides as haven demand and weak GDP biteThe AUD/USD pair trades at 0.7128, after peaking at around
- [GBP/USD between market optimism and Bank of England hawkishness - London Business News](https://thepoundhub.com/british-pound/gbp-usd-between-market-optimism-and-bank-of-england-hawkishness-london-business-news/) - The GBP/USD pair is moving through a delicate phase in which geopolitical factors are intertwining with global economic and monetary developments, making it more challenging to anticipate the next direction than simply following traditional economic data. In my view, the pair’s recent movements reflect an ongoing repricing process by investors regarding the relationship between global
- [Australian Dollar falls as weak GDP, strong US data lift USD](https://thepoundhub.com/dollar/australian-dollar-falls-as-weak-gdp-strong-us-data-lift-usd/) - AUD/USD trades around 0.7145 on Wednesday at the time of writing, down 0.50% on the day. The pair remains under pressure after the release of several disappointing Australian economic indicators, while solid US data continues to support the US Dollar (USD).The Australian economy expanded by 0.3% QoQ in the first quarter, down from a revised
- [GBP/JPY Price Forecast: Long-term moving averages continue to support the uptrend](https://thepoundhub.com/british-pound/gbp-jpy-price-forecast-long-term-moving-averages-continue-to-support-the-uptrend/) - GBP/JPY edges lower on Wednesday as fresh intervention warnings from Tokyo lift the Japanese Yen (JPY) across the board. At the time of writing, the cross trades around 214.82, down 0.25% on the day.Japanese authorities are once again on alert as USD/JPY moves back toward the 160.00 mark, a level that previously prompted officials to
- [Men's boxing pound-for-pound rankings: Bivol reenters the list following dominant win](https://thepoundhub.com/british-pound/mens-boxing-pound-for-pound-rankings-bivol-reenters-the-list-following-dominant-win/) - Jun 13, 2026, 11:43 PM ETUnified light heavyweight champion Dmitry Bivol defeated Michael Eifert by unanimous decision on May 30 in Ekaterinburg, Russia, in his first fight after a 15-month layoff following back surgery.Bivol had last fought in February 2025, when he avenged his loss to Artur Beterbiev with a majority decision victory to unify
- [Growing geo-political tensions dampen rupee sentiments; US proposes fresh tariff on India | Capital Market News](https://thepoundhub.com/asian-currency/growing-geo-political-tensions-dampen-rupee-sentiments-us-proposes-fresh-tariff-on-india-capital-market-news/) - Last Updated : Jun 03 2026 | 5:16 PM IST The Indian rupee depreciated 35 paise to close at 95.72 (provisional) against the US dollar on Wednesday, after the US Trade Representative proposed a 12.5 per cent additional duties on Indian imports, citing labour violations. Besides, a strong dollar demand, surging crude oil prices, geopolitical
- [Silver price slips as firm Dollar, US-Iran tensions curb demand](https://thepoundhub.com/dollar/silver-price-slips-as-firm-dollar-us-iran-tensions-curb-demand/) - Silver (XAG/USD) trades around $74.50 on Wednesday at the time of writing, down 0.88% on the day. The white metal is facing selling pressure as the US Dollar (USD) continues to recover, supported by escalating geopolitical tensions in the Middle East.The Silver market is being driven by the latest developments between the United States (US)
- [RBI denies report about sale of gold to stabilise rupee](https://thepoundhub.com/asian-currency/rbi-denies-report-about-sale-of-gold-to-stabilise-rupee/) - The Reserve Bank of India (RBI) issued an official statement here on Wednesday stating that reports appearing in a section of the media claiming it sold a portion of its physical gold reserves recently to stabilise the Indian rupee are “not correct”. According to an RBI press release dated June 3, 2026, issued by its
- [British Pound eases as US equities near two-week low | Capital Market News](https://thepoundhub.com/british-pound/british-pound-eases-as-us-equities-near-two-week-low-capital-market-news/) - Last Updated : Jun 03 2026 | 3:34 PM ISTThe British Pound stayed muted today amid slight weakness in US equities and steady uptick in the US dollar. Market was fixated on US-Iran talks but a sustained spike in crude oil prices weighed on the risk appetite. GBP/USD pair had edged up near 1.3480 yesterday
- [Japanese Yen rises sharply against its peers. Have Japan officials intervened?](https://thepoundhub.com/asian-currency/japanese-yen-rises-sharply-against-its-peers-have-japan-officials-intervened/) - The Japanese Yen (JPY) reflects a sudden jump against its major currency peers in the European trading session on Wednesday. There is a noticeable uptick in the Asia-Pacific currency against its peer, pushing EUR/JPY over 0.3% down to near 185.40. Japanese Yen Price Today The table below shows the percentage change of Japanese Yen (JPY)
- [Australian Dollar extends soft GDP-led slide; holds in range vs USD](https://thepoundhub.com/dollar/australian-dollar-extends-soft-gdp-led-slide-holds-in-range-vs-usd/) - The AUD/USD pair drops to the 0.7150 area during the first half of the European session on Wednesday, reversing the previous day's positive move amid a broadly firmer US Dollar (USD). Spot prices, however, remain confined within a familiar range, warranting some caution before placing aggressive bearish bets.The Australian Dollar (AUD) started weakening in reaction
- [Japanese Yen bounces up from lows after Japan PM Takaichi’s intervention warning](https://thepoundhub.com/asian-currency/japanese-yen-bounces-up-from-lows-after-japan-pm-takaichis-intervention-warning/) - The Japanese Yen (JPY) bounced up from five-week lows against the US Dollar (USD) on Wednesday, turning positive on the daily chart, as Japan’s Prime Minister Sanae Takaichi warned that Tokyo is ready to take action against Yen weakness. The USD/JPY pair has pulled back from the 160.00 level, considered a line in the sand
- [Naira strengthens to N1,833/£1 against resilient British Pound](https://thepoundhub.com/british-pound/naira-strengthens-to-n1833-1-against-resilient-british-pound/) - The naira maintained its strength against the British Pound Sterling in the most recent price action on the Nigerian foreign exchange market, despite a rebound in the British pound sterling in the global foreign exchange market.Latest price action from the CBN showed the naira settled at N1833/£1 at the Nigerian foreign exchange market.The Naira’s best
- [US dollar resilient as traders brace for key economic updates](https://thepoundhub.com/dollar/us-dollar-resilient-as-traders-brace-for-key-economic-updates/) - The US Dollar held its ground on Wednesday as investors assessed escalating tensions in the Middle East while preparing for a series of key economic releases from the United States later in the day.Market participants are closely watching the release of the ADP Employment Change report, the ISM Services Purchasing Managers Index (PMI) for May,
- [Clear Junction Group and Agant partner to support institutional access to Pound sterling stablecoin GBPA](https://thepoundhub.com/british-pound/clear-junction-group-and-agant-partner-to-support-institutional-access-to-pound-sterling-stablecoin-gbpa/) - The partnership will connect fiat GBP payment flows with GBPA issuance and redemption, supporting practical sterling-denominated stablecoin use cases for eligible institutional and business clients Clear Junction Group and Agant partner to support institutional access to Pound sterling stablecoin GBPA Get the latest news delivered to your inbox Sign up for The Manila Times newsletters
- [Euro area bank valuations reach levels unseen since financial crisis](https://thepoundhub.com/euro/euro-area-bank-valuations-reach-levels-unseen-since-financial-crisis/) - Analysts from the European Central Bank (ECB) have detailed the drivers behind the dramatic surge in the market value of euro area banks seen throughout 2025. In their analysis, the ECB’s Dejan Krusec, Riccardo Meli and Csaba More noted that market valuations for banks across the euro area experienced a sharp climb between the start
- [Pound-to-Euro Forecast: GBP Steady As Eurozone Inflation Meets Expectations](https://thepoundhub.com/british-pound/pound-to-euro-forecast-gbp-steady-as-eurozone-inflation-meets-expectations/) - The Pound to Euro (GBP/EUR) exchange rate traded in a tight range on Tuesday as Eurozone inflation data broadly matched expectations and failed to provide fresh momentum for the single currency. At the time of writing, GBP/EUR was trading around €1.1559, little changed on the day. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.15756Pound to
- [Pound To Canadian Dollar Price News, Forecast: CAD Falls As Oil Prices Slide](https://thepoundhub.com/british-pound/pound-to-canadian-dollar-price-news-forecast-cad-falls-as-oil-prices-slide/) - The Pound to Canadian Dollar (GBP/CAD) exchange rate edged higher on Tuesday as falling oil prices undermined the commodity-linked Canadian Dollar while easing UK borrowing costs offered modest support to Sterling. At the time of writing, GBP/CAD was trading around CA$1.8640, modestly higher on the day. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.86307
- [Rupee Falls 34 Paise Amid Stalled US-Iran Peace Talks, Elevated Oil Prices | Economy News](https://thepoundhub.com/asian-currency/rupee-falls-34-paise-amid-stalled-us-iran-peace-talks-elevated-oil-prices-economy-news/) - Last Updated:June 03, 2026, 10:39 ISTIndian rupee falls intraday to 95.70 against US dollar from 95.36, pressured by stalled Iran-US talks, stronger dollar and higher crude.The Indian rupee fell 34 paise intraday on Wednesday to touch the day’s high at 95.70 against the US dollar from the previous day’s close at 95.36. The rupee weighs
- [Rupee falls 19 paise against dollar amid higher oil prices, weak Asian peers](https://thepoundhub.com/asian-currency/rupee-falls-19-paise-against-dollar-amid-higher-oil-prices-weak-asian-peers/) - The Indian rupee opened 19 paise weaker at 95.45 against the US dollar on Wednesday (June 3), compared with its previous close of 95.26, tracking losses in regional currencies as escalating tensions in the Gulf pushed crude oil prices higher.The local currency came under pressure after fresh hostilities emerged in the West Asia following stalled
- [Understanding Currency Futures: Trade, Invest, and Hedge Risks](https://thepoundhub.com/currency/understanding-currency-futures-trade-invest-and-hedge-risks/) - Key Takeaways Currency futures are contracts that lock in the price for exchanging currencies at a future date. These contracts are standardized and traded on exchanges like the CME, with standardized delivery dates, making them different from OTC currency forwards. Most futures market participants are speculators who aim to profit from price fluctuations rather than
- [Euro stalls as Oil shock keeps the US Dollar in play](https://thepoundhub.com/dollar/euro-stalls-as-oil-shock-keeps-the-us-dollar-in-play/) - The Euro (EUR) consolidates within familiar levels on Tuesday, flatlining around 1.1630 as the US Dollar (USD) recovers some ground, underpinned by high Oil prices amid halted US-Iran talks, even though US President Donald Trump says this is fake news.EUR/USD flatlines as Oil risks counter AI-fueled risk appetiteRisk appetite is positive, driven by the AI
- [Pound Sterling Price News & Forecast: GBP/USD gains as softer Oil offsets resilient US jobs data](https://thepoundhub.com/british-pound/pound-sterling-price-news-forecast-gbp-usd-gains-as-softer-oil-offsets-resilient-us-jobs-data/) - British Pound climbs as Trump eases tensions, lifting risk moodThe Pound Sterling (GBP) rises by about 0.19% on Tuesday against the US Dollar (USD) as traders remain optimistic about a peace deal between the US and Iran despite ongoing geopolitical uncertainty. The GBP/USD pair trades at around 1.3470 after bouncing off daily lows of 1.3446.The
- [British Pound climbs as Trump eases tensions, lifting risk mood](https://thepoundhub.com/british-pound/british-pound-climbs-as-trump-eases-tensions-lifting-risk-mood/) - The Pound Sterling (GBP) rises by about 0.19% on Tuesday against the US Dollar (USD) as traders remain optimistic about a peace deal between the US and Iran despite ongoing geopolitical uncertainty. The GBP/USD pair trades at around 1.3470 after bouncing off daily lows of 1.3446.GBP/USD gains as softer Oil offsets resilient US jobs dataThe
- [Euro steadies as traders weigh conflicting US-Iran headlines, stronger Eurozone inflation data](https://thepoundhub.com/euro/euro-steadies-as-traders-weigh-conflicting-us-iran-headlines-stronger-eurozone-inflation-data/) - EUR/USD holds firm on Tuesday as traders react to conflicting headlines surrounding US-Iran negotiations. At the time of writing, the pair trades around 1.1639 after touching a daily high near 1.1655.Iran's semi-official Fars News Agency, citing an informed source, reported that the exchange of messages between Iran and the United States has been suspended for
- [Dollar General Turnaround: Merchandise Losses Plunge From Near $1 Billion Peak](https://thepoundhub.com/dollar/dollar-general-turnaround-merchandise-losses-plunge-from-near-1-billion-peak/) - ToplineDollar General on Tuesday reported quarterly earnings that surpassed Wall Street’s expectations, as the discount retailer was a far cry from the nearly $1 billion in inventory shrink—a mix of theft, damage and other losses—that once weighed on its profits. Key FactsDollar General announced a 3.4% annual increase in revenue to $10.7 billion, just under
- [Euro debt issuance hits record high as EU strives to supplant US dollar](https://thepoundhub.com/euro/euro-debt-issuance-hits-record-high-as-eu-strives-to-supplant-us-dollar/) - Worldwide issuance of euro-denominated debt hit a record high last year as the EU ramps up efforts to internationalise its single currency amid mounting concerns about the reliability of the US dollar. The European Central Bank (ECB) reported on Tuesday that global euro-denominated loans and bonds surged to nearly €1 trillion in 2025 – a
- [Euro-Pound Tipped To Rise Towards 0.89 Over The Next 9-12 Months](https://thepoundhub.com/british-pound/euro-pound-tipped-to-rise-towards-0-89-over-the-next-9-12-months/) - The Euro to Pound exchange rate (EUR/GBP) is trading near 0.8650, having edged lower from February's highs above 0.8780 but remaining comfortably above the lows seen last summer. Foreign exchange analysts at Rabobank believe the balance of risks now favours a gradual move higher, targeting 0.89 over the next 9-12 months as the Pound faces
- [Euro consolidates losses against the British Pound despite high inflation figures](https://thepoundhub.com/british-pound/euro-consolidates-losses-against-the-british-pound-despite-high-inflation-figures/) - The Euro (EUR) remains vulnerable against the British Pound (GBP) on Tuesday, capped below 0.8650, consolidating losses from the previous two trading days. The hotter Eurozone inflation figures have failed to provide any significant support to the Euro, as they do not alter the view that the European Central Bank (ECB) will hike rates next
- [Indian Rupee trades flat, US JOLTS Job Openings data in focus](https://thepoundhub.com/asian-currency/indian-rupee-trades-flat-us-jolts-job-openings-data-in-focus/) - The Indian Rupee (INR) trades almost flat against the US Dollar (USD) during India's afternoon trading hours on Tuesday. The USD/INR pair flattens around 95.00, while the Indian Rupee’s outlook has become uncertain as oil prices have bounced back due to fresh concerns over the United States (US)-Iran deal.As of writing, the WTI Oil price
- [USD/JPY Forecast: Holds near one-month high, close to 160.00 threshold](https://thepoundhub.com/dollar/usd-jpy-forecast-holds-near-one-month-high-close-to-160-00-threshold/) - The USD/JPY pair extends its sideways consolidative price move through the first half of the European session on Tuesday and currently trades around the 159.70-159.75 region, or over a one-month top. Economic concerns stemming from the Middle East continue to undermine the Japanese Yen (JPY) and act as a tailwind for the currency pair.However, speculations
- [Here's where Japanese Yen is headed as Middle East conflict keeps Oil prices elevated](https://thepoundhub.com/asian-currency/heres-where-japanese-yen-is-headed-as-middle-east-conflict-keeps-oil-prices-elevated/) - The Japanese Yen (JPY) continues to face intense pressure as global energy shocks and geopolitical tensions weigh heavily on Japan's economic outlook. The conflict in Iran and the closure of the Strait of Hormuz have kept fossil fuel prices elevated, severely impacting the resource-scarce nation's trade balance. Despite steady steps toward monetary policy normalization by
- [Rupee Slips at Open as Oil Rally, Foreign Selling Cloud Outlook Ahead of RBI Meeting](https://thepoundhub.com/asian-currency/rupee-slips-at-open-as-oil-rally-foreign-selling-cloud-outlook-ahead-of-rbi-meeting/) - Business oi-Prakash KL Published: Tuesday, June 2, 2026, 11:58 [IST] The Indian rupee weakened at the start of trade on June 2, opening at 95.06 against the US dollar, down 7 paise from its previous close of 94.99, as investors grappled with a renewed surge in crude oil prices and heavy foreign capital outflows. The
- [Euro To Pound Exchange Rate Stuck As BoE And ECB Hike Bets Unwind](https://thepoundhub.com/british-pound/euro-to-pound-exchange-rate-stuck-as-boe-and-ecb-hike-bets-unwind/) - The Pound and Euro remained rangebound at the start of June as investors scaled back expectations for further Bank of England and ECB tightening, leaving EUR/GBP anchored near 0.87 while attention shifts to this week's US jobs report for clues on the Federal Reserve's next move. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.15675 (-0.01%)Pound
- [Pound To Euro Forecast: GBP Outperforms A Softer Eurozone Economy](https://thepoundhub.com/british-pound/pound-to-euro-forecast-gbp-outperforms-a-softer-eurozone-economy/) - The Pound to Euro (GBP/EUR) exchange rate edged higher at the start of the week as softer German consumer data weighed on the single currency while an upward revision to UK manufacturing activity provided modest support for Sterling. At the time of writing, GBP/EUR was trading around €1.1555, up roughly 0.2% on the day. Latest
- [Pound To Australian Dollar Price Forecast: GBP Gains As China PMI Miss Hits Aussie](https://thepoundhub.com/british-pound/pound-to-australian-dollar-price-forecast-gbp-gains-as-china-pmi-miss-hits-aussie/) - The Pound to Australian Dollar (GBP/AUD) exchange rate edged higher on Monday as stronger UK manufacturing data and weaker Chinese factory figures weighed in favour of Sterling. At the time of writing, GBP/AUD was trading around AU$1.8754, up roughly 0.2% on the day. Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD): 1.87978 (+0.34%)Pound to Dollar
- [Rupee Rises Against US Dollar: Trade News: Rediff Moneynews](https://thepoundhub.com/dollar/rupee-rises-against-us-dollar-trade-news-rediff-moneynews/) - Rupee gains against the dollar amid trade talks & RBI policy meet anticipation. Industrial production & fiscal deficit data inside.Mumbai, Jun 2 (PTI) The rupee appreciated 16 paise to 95.03 against US dollar in early trade on Tuesday, as the market weighed India's strong domestic fundamentals against ongoing geopolitical uncertainty.Forex traders said the USD/INR pair
- [Rupee edges lower against dollar amid oil price concerns, FPI outflows](https://thepoundhub.com/asian-currency/rupee-edges-lower-against-dollar-amid-oil-price-concerns-fpi-outflows/) - The Indian rupee opened 7 paise weaker at 95.06 against the US dollar on June 2, compared with its previous close of 94.99, as elevated crude oil prices and sustained foreign fund outflows weighed on investor sentiment.The domestic currency came under pressure amid uncertainty surrounding US-Iran negotiations, which has kept global oil markets volatile. Brent
- [United States Dollar Index steadies above 99.00 amid US-Iran deal uncertainty](https://thepoundhub.com/dollar/united-states-dollar-index-steadies-above-99-00-amid-us-iran-deal-uncertainty/) - The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is moving sideways after registering modest gains in the previous day and trading around 99.20 during the Asian hours on Tuesday.The Greenback may further appreciate as safe-haven demand increases after Tasnim news agency indicated that Tehran has
- [Australian Dollar softens to near 0.7150 as Middle East tensions rise](https://thepoundhub.com/dollar/australian-dollar-softens-to-near-0-7150-as-middle-east-tensions-rise/) - The AUD/USD pair loses ground to near 0.7155 during the Asian trading hours on Tuesday, pressured by broader geopolitical uncertainties. Traders await Middle East ceasefire developments and key economic data from both Australia and the United States (US). Australia’s Gross Domestic Product (GDP) report for the first quarter (Q1) is due on Wednesday. The US
- [British Pound nudges higher as traders await progress on Middle East peace talks](https://thepoundhub.com/british-pound/british-pound-nudges-higher-as-traders-await-progress-on-middle-east-peace-talks/) - The GBP/USD pair trades in positive territory around 1.3460 during the Asian trading hours on Tuesday. However, renewed tensions in the Middle East might cap the upside for the major pair as Iran has reportedly withdrawn from negotiations with the US. Traders will closely monitor the developments surrounding Middle East peace talks.Iran’s state media said
- [Canadian Dollar weakens as oil prices ease](https://thepoundhub.com/dollar/canadian-dollar-weakens-as-oil-prices-ease/) - USD/CAD extends its gains for the third successive day, trading around 1.3840 during the Asian hours on Tuesday. The pair appreciates as the commodity-linked Canadian Dollar (CAD) struggles on lower oil prices. However, Crude oil prices may regain their ground as Tasnim news agency indicated that Tehran has halted indirect negotiations with the United States.According
- [Euro posts modest gains above 1.1600, Middle East tensions curb upside](https://thepoundhub.com/euro/euro-posts-modest-gains-above-1-1600-middle-east-tensions-curb-upside/) - The EUR/USD pair posts modest gains around 1.1635 during the early Asian session on Tuesday. Nonetheless, the potential upside might be limited, as Iran announced a halt to US negotiations and a full closure of the Strait of Hormuz, which could prompt risk-off sentiment. The preliminary reading of the Harmonized Index of Consumer Prices (HICP) from
- [Australian Dollar wilts as Lebanon flare-up lifts the US Dollar](https://thepoundhub.com/dollar/australian-dollar-wilts-as-lebanon-flare-up-lifts-the-us-dollar/) - The Australian Dollar loses traction and edges down 0.30% on Monday as risk appetite soured due to Iran halting negotiations with the US, as Israel intensified attacks in Lebanon. At the same time, data in the US revealed that business activity steadied, pushing the AUD/USD towards a two-day low of 0.7134.AUD/USD slips as geopolitical jitters
- [GBP JPY History | (GBP to JPY) Past Exchange Rates](https://thepoundhub.com/british-pound/gbp-jpy-history-gbp-to-jpy-past-exchange-rates/) - Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases
- [Australian Dollar falls as strong US manufacturing data boosts Greenback](https://thepoundhub.com/dollar/australian-dollar-falls-as-strong-us-manufacturing-data-boosts-greenback/) - The AUD/USD pair trades near the 0.7160 region on Monday as the United States Dollar (USD) strengthens following upbeat manufacturing data, while renewed geopolitical tensions and cautious market sentiment weigh on the Australian Dollar (AUD).The latest Institute for Supply Management (ISM) Manufacturing PMI rose to 54 in May from 52.7 in April, surpassing market expectations
- [Pound Sterling Price News and Forecast: GBP/USD holds firm as US-Iran tensions boost Greenback](https://thepoundhub.com/british-pound/pound-sterling-price-news-and-forecast-gbp-usd-holds-firm-as-us-iran-tensions-boost-greenback/) - British Pound holds firm as US-Iran tensions boost GreenbackThe Pound Sterling steadies on Monday as speculation of a peace deal between the US and Iran fades, following weekend exchanges of fire that are a headwind for GBP/USD, which trades near 1.3445 at the time of writing. Read More...GBP/USD Price Forecast: Pound hesitates around 1.3450 amid
- [New Zealand Dollar slides as safe-haven US Dollar outshines China PMI](https://thepoundhub.com/dollar/new-zealand-dollar-slides-as-safe-haven-us-dollar-outshines-china-pmi/) - NZD/USD trades around 0.5930 at the time of writing on Monday, down 1.00% on the day, as the US Dollar (USD) benefits from renewed safe-haven demand amid a risk-off market environment. The pair remains under pressure despite the release of better-than-expected Chinese manufacturing data, which would normally support the New Zealand Dollar (NZD) due to
- [Sustained pressure on the rupee drags India’s GDP ranking lower: expert](https://thepoundhub.com/asian-currency/sustained-pressure-on-the-rupee-drags-indias-gdp-ranking-lower-expert/) - This photo taken on Aug. 21, 2025 shows a street view in New Delhi, India. India boasts a diverse and rich culture, attracting global attention with its historical heritage, Bollywood film industry, yoga culture, and more. Photo: XinhuaBy late 2025, headlines celebrating India's ascent to the world's fourth-largest economy dominated Indian media coverage. Yet just
- [Euro: ECB seen acting as inflation risks rise – MUFG](https://thepoundhub.com/euro/euro-ecb-seen-acting-as-inflation-risks-rise-mufg/) - Halpenny highlights that the ECB is widely expected to hike at its 11 June meeting, with markets focused on forward guidance for the Euro. He notes Isabel Schnabel’s warning that the ECB can no longer look through the energy shock and that rising de-anchoring risks, alongside firmer Euro-zone CPI, argue for action that is already
- [How the US Dollar Moves Global Currency Markets Every Day](https://thepoundhub.com/currency/how-the-us-dollar-moves-global-currency-markets-every-day/) - The world financial system is tightly linked, and in the heart of this system lies a single strong currency the US Dollar. Being a trader, investor or a simple person, who is interested in the functioning of money in the world, you can get the bigger picture understanding what the US Dollar does.The US Dollar
- [Under-17 EURO final tournament fixtures and results: When and where is the final? | UEFA Under-17](https://thepoundhub.com/euro/under-17-euro-final-tournament-fixtures-and-results-when-and-where-is-the-final-uefa-under-17/) - The 2026 UEFA European Under-17 Championship kicked off on Monday 25 May in Estonia, staging these finals for the first time.See when and where the final will be played and recap the semi-final and group stage results. Download the full match scheduleWhen is the final?Sunday 7 JuneBelgium vs Italy (19:00, Lilleküla staadion)All kick-off times are
- [Higher Crude Prices And Foreign Selling Weigh On Rupee](https://thepoundhub.com/asian-currency/higher-crude-prices-and-foreign-selling-weigh-on-rupee/) - Rupee seen weakening amid higher oil pricesForeign portfolio outflows adding pressure on currencyIndia's heavy oil imports increase vulnerabilityRBI intervention closely watched by currency tradersThe Indian rupee ended Monday little changed at around 94.99 against the U.S. dollar after trading near the 94.95 level during the session, as elevated oil prices, continued foreign investor outflows and
- [5 Items You Always Should Buy at Dollar Stores](https://thepoundhub.com/dollar/5-items-you-always-should-buy-at-dollar-stores/) - The neighborhood dollar store has some great values on everyday items, and it’s fun to fill up your basket on your must-haves and still get change from a $20 bill.But it shouldn’t be the go-to for everything on your shopping list. In some cases, the items might not be up to your standards; and in
- [Coinbase Launches Direct Indian Rupee Deposit and Withdrawal Rails](https://thepoundhub.com/asian-currency/coinbase-launches-direct-indian-rupee-deposit-and-withdrawal-rails/) - In brief Coinbase has launched direct Indian rupee deposit and withdrawal rails through India's Immediate Payment Service. The exchange has established dedicated INR order books for local currency trading. India ranks first globally in crypto adoption, with the market projected to reach $14.21 billion by 2034. Coinbase has launched direct INR banking rails in India
- [GBP/USD Price Forecast: Pound hesitates around 1.3450 amid geopolitical woes ](https://thepoundhub.com/british-pound/gbp-usd-price-forecast-pound-hesitates-around-1-3450-amid-geopolitical-woes/) - The British Pound (GBP) remains practically flat against the US Dollar (USD) on Monday, trading both sides of the 1.3450 level, with investors wary of taking excessive risks. Growing tensions in the Middle East are weighing on risk appetite while USD rallies remain subdued, ahead of a string of key fundamental releases in the US.A
- [Canadian Dollar: Range-bound view holds after weak Canada GDP – TD Securities](https://thepoundhub.com/dollar/canadian-dollar-range-bound-view-holds-after-weak-canada-gdp-td-securities/) - TD Securities analysts report that Canada’s Q1 GDP and March output surprised sharply to the downside, confirming a technical recession and dampening expectations for 2026 rate hikes. Despite softer data and modest curve steepening, they see Canadian front-end rates as fairly valued and continues to expect USD/CAD to trade broadly sideways around current levels through
- [Canada enters a technical recession: Why the Canadian dollar now depends entirely on a weaker US Dollar](https://thepoundhub.com/dollar/canada-enters-a-technical-recession-why-the-canadian-dollar-now-depends-entirely-on-a-weaker-us-dollar/) - The Canadian Dollar (CAD) is facing notable headwinds following unexpected data showing that Canada’s economy has entered a technical recession. With first-quarter real Gross Domestic Product (GDP) contracting and previous growth figures revised downward, market optimism for a swift economic recovery has faded. This economic setback, paired with growing labor market slack, has led major
- [US Dollar: Stable tone as markets eye data and Warsh – MUFG](https://thepoundhub.com/dollar/us-dollar-stable-tone-as-markets-eye-data-and-warsh-mufg/) - MUFG’s Derek Halpenny notes the US Dollar is broadly stable at the start of June as markets watch US-Iran negotiations and a busy US data calendar. He highlights that a confirmed deal could allow the Federal Reserve to look through the energy shock, but stronger inflation data would complicate this and could still weigh on
- [British Pound rises even as BoE’s Bailey signals no rush for interest rate hikes](https://thepoundhub.com/british-pound/british-pound-rises-even-as-boes-bailey-signals-no-rush-for-interest-rate-hikes/) - The British Pound (GBP) trades higher against its major currency peers, but is broadly flat around 1.3455 against the US Dollar (USD), during the European trading session on Monday. The United Kingdom (UK) currency gains even as Bank of England (BoE) Governor Andrew Bailey has signaled that the central bank does not need to rush
- [Euro: Moves with yields and energy prices against US Dollar – Danske Bank](https://thepoundhub.com/euro/euro-moves-with-yields-and-energy-prices-against-us-dollar-danske-bank/) - Danske Research Team notes that EUR/USD ended last week around 1.1650 after a sharp drop in Oil prices, with US and Euro area yields both moving lower. They highlight upcoming United States (US) ISM Manufacturing Purchasing Managers' Index (PMI), labor data and the Euro area HICP as key drivers. Euro area unemployment and PMI figures
- [Pound-to-Dollar Forecast: US Payrolls, PMIs And CPI In Focus This Week](https://thepoundhub.com/british-pound/pound-to-dollar-forecast-us-payrolls-pmis-and-cpi-in-focus-this-week/) - The Pound to Dollar (GBP/USD) exchange rate traded in a relatively narrow range last week as shifting expectations surrounding US-Iran peace talks and softer-than-expected US growth data offset support for the US Dollar. At the time of writing, GBP/USD was trading around $1.3413, little changed from the start of the week. Latest — Exchange Rates:Pound
- [British Pound To Euro Forecast: GBP Falls As ECB Rate Hike Bets Boost EUR](https://thepoundhub.com/british-pound/british-pound-to-euro-forecast-gbp-falls-as-ecb-rate-hike-bets-boost-eur/) - The Pound to Euro (GBP/EUR) exchange rate retreated from a two-month high last week as softer UK economic sentiment and growing expectations for additional European Central Bank interest rate hikes boosted demand for the single currency. At the time of writing, GBP/EUR was trading around €1.1530, down approximately 0.4% over the week. Latest — Exchange
- [GBP/USD Forecast: Consolidates near 1.3450 as USD stays firm](https://thepoundhub.com/british-pound/gbp-usd-forecast-consolidates-near-1-3450-as-usd-stays-firm/) - The GBP/USD pair struggles to capitalize on its goodish recovery from a one-and-a-half-week low, touched last Thursday, and oscillates in a narrow range around mid-1.3400s at the start of a new week. The US Dollar (USD) regains some positive traction amid the uncertainty over a potential US-Iran peace deal and hawkish US Federal Reserve (Fed)
- [Sensex, Nifty open higher; rupee falls 9 paise to 94.94 against US dollar | Business News](https://thepoundhub.com/asian-currency/sensex-nifty-open-higher-rupee-falls-9-paise-to-94-94-against-us-dollar-business-news/) - 2 min readJun 1, 2026 09:38 AM IST The Indian rupee fell 9 paise to 94.94 against the US dollar in early trade, even as the stock market opened higher on Monday. The Sensex rose 206.16 points to 74,981.90, and the Nifty gained 42.65 points to reach 23,604.80. Earlier on Friday (May 29), Indian benchmark
- [Canadian Dollar weakens as USD firms on geopolitics, Fed bets](https://thepoundhub.com/dollar/canadian-dollar-weakens-as-usd-firms-on-geopolitics-fed-bets/) - The USD/CAD pair attracts some buyers for the second consecutive day and reclaims the 1.3800 mark during the Asian session on Monday. Spot prices, however, lack bullish conviction and remain below the highest level since April 13, near the 1.3870 region, touched last week amid a combination of diverging forces.The uncertainty over US-Iran talks to
- [Rupee defence to liquidity: RBI earned over Rs 4 lakh crore in FY26, spent a third of it | Explained News](https://thepoundhub.com/asian-currency/rupee-defence-to-liquidity-rbi-earned-over-rs-4-lakh-crore-in-fy26-spent-a-third-of-it-explained-news/) - Last week, the Reserve Bank of India (RBI) transferred a record dividend of Rs 2.87 lakh crore to the Centre for 2025-26. Unlike companies that transfer a portion of their profits to shareholders, the RBI must hand over its entire gain to the government. But how did it end up generating such a big profit?First
- [British Pound holds steady near 1.3450 amid US-Iran deal uncertainty](https://thepoundhub.com/british-pound/british-pound-holds-steady-near-1-3450-amid-us-iran-deal-uncertainty/) - The GBP/USD pair trades on a flat note near 1.3450 during the early Asian trading hours on Monday. The British Pound (GBP) stabilizes in a sideways consolidation mode following a highly volatile week. Traders will closely monitor the developments surrounding the US-Iran peace deal and the US ISM Manufacturing Purchasing Managers Index (PMI) report later
- [US Dollar Forecast: The 200-day SMA continues to cap gains](https://thepoundhub.com/dollar/us-dollar-forecast-the-200-day-sma-continues-to-cap-gains/) - The US Dollar (USD) halted a four-week winning streak, coming under renewed and significant selling pressure to hit fresh three-week lows. The downturn in the Greenback followed a brief rally earlier in the month, when it climbed to within a few pips of the key 102.00 level when measured by the US Dollar Index (DXY).The
- [UK Inflation Forecast 2026: How Exchange Rates Could Push Import Prices Higher Again](https://thepoundhub.com/british-pound/uk-inflation-forecast-2026-how-exchange-rates-could-push-import-prices-higher-again/) - Import inflation is back on the radar, even without a Pound Sterling slump. The Bank of England now expects CPI to rise further through the rest of 2026, and the latest ONS data already show a sharp rebound in import prices. If the British Pound weakens, or if US Dollar-priced freight, energy and software costs
- [10 Dollar Tree Products Shoppers Swear Are Exactly Like The Name Brand](https://thepoundhub.com/dollar/10-dollar-tree-products-shoppers-swear-are-exactly-like-the-name-brand/) - Dollar Tree shoppers know a thing or two about saving money, but what is even better is discovering that the $1.25 version works just as well as the one sitting in your online cart for ten times the price. From pantry staples and cleaning supplies to beauty buys and home organization favorites, these Dollar Tree
- [COVID-19: England's run to Euro 2020 final caused 'significant risk to public health', says study | UK News](https://thepoundhub.com/euro/covid-19-englands-run-to-euro-2020-final-caused-significant-risk-to-public-health-says-study-uk-news/) - England's progress to the Euro 2020 final caused a "significant risk to public health across the UK", according to scientists from Public Health England (PHE).Data from NHS Test and Trace showed that more than 9,000 COVID cases were linked to Euro 2020 football games. Wembley hosted eight matches during the month-long tournament and figures indicated
- [From lottery draws to fiscal spending, China broadens digital yuan footprint](https://thepoundhub.com/china-currency/from-lottery-draws-to-fiscal-spending-china-broadens-digital-yuan-footprint/) - BEIJING – China’s central bank is making a broad push to increase the use of digital yuan at home and abroad, several industry sources said, setting Beijing on a different – and potentially competing – path from the United States in shaping the future of money.In a series of measures, many revealed here for the
- [Dollar to Naira exchange rate today, May 29, 2026: Nigerian currency appreciates after Eid-ul-Adha holidays](https://thepoundhub.com/dollar/dollar-to-naira-exchange-rate-today-may-29-2026-nigerian-currency-appreciates-after-eid-ul-adha-holidays/) - Dollar to Naira exchange rate today, May 29, 2026: Nigerian currency appreciates after Eid-ul-Adha holidays The Naira appreciated against the dollar at the official foreign exchange market after the Eid-ul-Adha holidays. The Central Bank of Nigeria’s data showed that the Naira strengthened on Friday to N1,373.25 from N1,375.41 traded on Tuesday. This means that the
- [Why trading the South African Rand is becoming a lesson in how geopolitics and inflation targets drive real money flows](https://thepoundhub.com/currency/why-trading-the-south-african-rand-is-becoming-a-lesson-in-how-geopolitics-and-inflation-targets-drive-real-money-flows/) - Written by Isabel Morgan, writer, on behalf of HFM. The South African Rand has become one of the clearest examples of how currencies now react to both local policy and global tension. Traders are not only watching inflation data from Pretoria or speeches from the South African Reserve Bank. They are also watching oil prices,

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