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Pound Sterling Price News and Forecast: GBP/USD tumbles as Warsh revives Fed hike bets

The Pound Sterling (GBP) tumbles versus the US Dollar (USD) on Friday as Federal Reserve (Fed) Chair Kevin Warsh put inflation as the priority at the Fed, increasing the likelihood of an interest rate ...

British Pound tumbles as Warsh revives Fed hike bets

The Pound Sterling tumbles versus the Greenback on Friday as the Federal Reserve Chair Kevin Warsh puts inflation as the priority on the Fed, increasing the likelihood of an interest rate hike later i ...

Euro slides below 1.1600 as Warsh brings Fed rate hike back into play

EUR/USD falls sharply toward 1.1595 on Friday at the time of writing, losing 0.48% on the day, as the US Dollar (USD) rallies following Federal Reserve (Fed) Chair Kevin Warsh’s speech at the Jackson ...

United States UoM 1-year Consumer Inflation Expectations came in at 4% below forecasts (4.3%) in August

Euro drifts lower as Fed hawks set the stage for Warsh

EUR/USD trades around 1.1645 on Friday, posting a modest 0.07% decline on the day as investors adopt a wait-and-see approach ahead of a highly anticipated speech by Federal Reserve (Fed) Chair Kevin W ...

Canada: Economic risks and sector strains – RBC

Royal Bank of Canada (RBC) strategists analyze escalating trade tensions between Canada and the United States (US) and their impact on both economies.

Canada Gross Domestic Product Annualized registered at 3.3%, below expectations (3.4%) in 2Q

Euro: ECB vigilance and inflation risks – BNY

BNY’s Geoff Yu highlights that European inflation is firming, with French and Spanish data reinforcing concerns for the European Central Bank (ECB). Governing Council members Kazaks and Schnabel are f ...

Japanese Yen: Weak currency and cheap burgers – Nordea

Nordea’s Helge J. Pedersen argues that the Japanese Yen appears significantly undervalued versus the Dollar on both OECD purchasing power parity estimates and The Economist’s Big Mac Index.

Belgium Consumer Price Index (MoM) declined to 0.4% in August from previous 0.63%

French economy grinds to a halt

The French economy has avoided recession, but only just. Downward revisions to GDP data confirm that economic activity lost more momentum than previously thought, making the government’s fiscal target ...

US Dollar: Warsh speech keeps ranges contained – ING

ING’s Chris Turner notes a quiet, risk-positive week for global markets, with low volatility and mixed G10 FX, as the Dollar debasement theme fails to extend.