About TorFX News. TorFX News is your definitive destination to read the latest news about the foreign exchange market. We specialise in reporting on all of the world’s major currencies including the British Pound, the Euro and the US Dollar with the aim of helping you to decide when to trade and get the best deal on your monetary transfers.

Feb 5, 2025 · About TorFX News. TorFX News is your definitive destination to read the latest news about the foreign exchange market. We specialise in reporting on all of the world’s major currencies including the British Pound, the Euro and the US Dollar with the aim of helping you to decide when to trade and get the best deal on your monetary transfers.

1 day ago · Pound (GBP) dips amid BoE rate cut speculation. The pound (GBP) weakened throughout yesterday’s session as investors continued to price in further interest rate cuts from the Bank of England (BoE) this year.. However, Sterling showed resilience against concerns over US President Donald Trump’s latest tariffs, with markets largely dismissing the …

2 days ago · Pound (GBP) lifted by hawkish BoE remarks. The pound (GBP) edged higher at the end of last week after Bank of England (BoE) Chief Economist Huw Pill struck a hawkish tone in his latest comments.. Pill’s suggestion that the BoE isn’t ready to declare ‘job done’ on inflation dampened expectations for further rate cuts, helping to support sterling following Thursday’s dovish policy ...

(Updated 13:00, 24/01/25) The US dollar (USD) has suffered notable losses this week, with Donald Trump’s early days in office proving negative for the American currency so far. Trump has taken a softer approach to tariffs than many had feared, with this relief weighing on the safe-haven ‘greenback’.

Jan 6, 2025 · About TorFX News. TorFX News is your definitive destination to read the latest news about the foreign exchange market. We specialise in reporting on all of the world’s major currencies including the British Pound, the Euro and the US Dollar with the aim of helping you to decide when to trade and get the best deal on your monetary transfers.

2 days ago · Pound (GBP) This week sees the publication of the UK’s latest GDP figures, which could pull the pound (GBP) lower if they reveal that economic growth stalled or even contracted in the last quarter of 2024.. Euro (EUR) Barring a revision to the Eurozone’s fourth-quarter GDP figures, notable EUR data is in short supply this week, which may leave the euro (EUR) driven by wider market trends.

Feb 3, 2025 · Pound (GBP) The Bank of England’s (BoE) will deliver its latest interest rate decision on Thursday. While there is a general consensus that the bank will deliver a 25bps rate cut this month, uncertainty over the UK’s inflation outlook means it is far from guaranteed.

About TorFX News. TorFX News is your definitive destination to read the latest news about the foreign exchange market. We specialise in reporting on all of the world’s major currencies including the British Pound, the Euro and the US Dollar with the aim of helping you to decide when to trade and get the best deal on your monetary transfers.

Oct 31, 2024 · About TorFX News. TorFX News is your definitive destination to read the latest news about the foreign exchange market. We specialise in reporting on all of the world’s major currencies including the British Pound, the Euro and the US Dollar with the aim of helping you to decide when to trade and get the best deal on your monetary transfers.