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GBP/USD: Likely to trade in a range between 1.3220 and 1.3320 – UOB Group
Current price action is non-trending; Pound Sterling (GBP) is likely to trade in a range between 1.3220 and 1.3320. In the longer run, buildup in momentum has faded; GBP is likely to trade in a 1.3140/1.3405 range, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, May 15
FOREX-US dollar slips as Sino-US trade optimism wanes, retail data eyed
U.S.-South Korea talks stoke worries of long-term dollar weaknessUncertainty over various trade deals keeps sentiment in checkU.S. retail sales data in focus for investorsBy Ankur Banerjee and Medha SinghTOKYO, May 15 (Reuters) - The U.S. dollar lost its footing against major peers on Thursday ahead...Reuters
Thu, May 15
Malawi's IMF programme ends after only $35 million disbursed
BLANTYRE, May 15 (Reuters) - Malawi's $175 million loan programme from the International Monetary Fund has been terminated after no review was completed over an 18-month period, the fund said late on Wednesday.The donor-dependent Southern African country only received an initial disbursement of ...Reuters
Thu, May 15
UK economy has a growth spurt before tax and tariff challenges
UK GDP +0.7% in Q1 vs Reuters poll +0.6%Economy grew by 0.2% in March vs poll 0.0%Reeves says UK outgrew peers in early 2025Employer tax and trade tariffs pose tests for rest of yearBusiness investment grows by most in 2 yearsBy William Schomberg and Suban Abdulla LONDON, May 15 (Reuters) - Brita...Reuters
Thu, May 15
EUR/INR today: Indian Rupee cross rates edge higher at the start of the European session
Indian Rupee (INR) crosses trade on the front foot at the beginning of Thursday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 96.11, with the EUR/INR pair rising from its previous close at 95.43.Fxstreet
Thu, May 15
Trade envoys of South Korea and China discuss economic partnership
SEOGWIPO, South Korea, May 15 (Reuters) - South Korea's top trade envoy said on Thursday he discussed the importance of economic partnership with China's chief trade negotiator Li Chenggang who highlighted Beijing's commitment to the multilateral trade regime and global supply chain.Cheo...Reuters
Thu, May 15
Sterling rises after UK GDP growth beats forecast in March
May 15 (Reuters) - The pound briefly extended gains against the U.S. dollar on Thursday after data showed the British economy grew faster than expected in March.Official figures showed the UK economy grew 0.2% in March from February, compared to a flat reading of 0.0% expected by economists polled b...Reuters
Thu, May 15
FOREX-Dollar slips as South Korean won jumps, US currency policy in focus
U.S.-South Korea talks stoke worries of long-term dollar weaknessUncertainty over various trade deals keeps sentiment in checkU.S. retail sales data in focus for investorsBy Ankur Banerjee TOKYO, May 15 (Reuters) - The U.S. dollar weakened on Thursday in tandem with a surge in the South Korean wo...Reuters
Thu, May 15
UK economy beats forecast to grow by 0.2% in March, ONS says
LONDON, May 15 (Reuters) - Britain's economy grew by a better-than-expected 0.2% in March from February, official figures showed on Thursday.Economists polled by Reuters had mostly expected a flat reading of 0.0%.In the first quarter of 2025, gross domestic product grew by 0.7%, the Office for N...Reuters
Thu, May 15
GBP/JPY Price Forecast: Remains under selling pressure below 194.00, bullish bias prevails
The GBP/JPY cross remains under some selling pressure around 193.85 during the early European session on Thursday. The Japanese Yen (JPY) edges higher against the Pound Sterling (GBP) amid the prospect that the Bank of Japan (BoJ) will hike rates again.
Fxstreet
Thu, May 15
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