About 9.5% of daily trades. Referred to as “Cable,” it’s volatile but widely traded due to the strength of the UK and U.S. economies
US Dollar traders should be cautious not to overprice a September rate cut. Although markets anticipate easing, persistent inflation and strong labor data suggest the Fed remains data-dependent and in no rush to lower rates. Upcoming inflation and spending reports will be key to watch.
The latest Weekly Economic and Financial Commentary highlights cautious optimism amid mixed global data. The US shows resilience with a cooling labor market and persistent inflation. Europe faces uneven growth and inflation challenges, while Asia’s recovery remains uneven, with China grappling with structural issues. Central banks maintain vigilance as markets navigate uncertainty and tightening financial conditions. The US dollar remains supported by rate differentials and safe-haven demand.
European markets close with the dollar steady and stocks easing as traders await key US PCE inflation data and month-end flows. Markets remain cautious ahead of Federal Reserve guidance, with currency pairs holding tight ranges and volatility expected heading into June.
European market wrap: The US dollar held steady amid cautious trading in equities, which eased slightly across major European indexes. Investors remain focused on the upcoming US Core PCE Price Index report and month-end positioning, awaiting data that could influence Fed policy and market direction. Bonds showed mild safe-haven demand as risk appetite moderated ahead of key US economic releases.
GBP/USD ended last week consolidating amid mixed UK labor data and persistent USD strength. Technical outlook shows support near 1.2640 and resistance at 1.2850. Market focus remains on UK inflation, BoE policy, and US economic resilience shaping near-term direction. More details from ActionForex.com.
CFTC data for the week ended August 26, 2025, shows British pound net short positions at 31,353 contracts among large speculators. This signals growing bearish sentiment toward GBP amid economic concerns and BoE policy uncertainty. Traders remain cautious as market dynamics evolve.
CFTC data for the week ended August 26, 2025, shows British pound net short positions hit 31,353 contracts. Speculative traders remain bearish amid sluggish UK GDP growth, persistent inflation, and cautious Bank of England stance. Market uncertainty keeps pressure on GBP ahead.
CFTC data for the week ended August 26, 2025 shows a surge in net short contracts on the British pound, reaching 31,353. This indicates growing bearish sentiment amid UK economic challenges and cautious BoE policy outlook, signaling increased pressure on sterling in Forex markets.
Speculators increased their net short positions on the British pound to 31,353 contracts for the week ended August 26, 2025, according to the latest CFTC report. This reflects growing bearish sentiment amid economic slowdown, political uncertainty, and dovish Bank of England signals. GBP/USD faces downward pressure as market concerns intensify.
CFTC data reveals a notable rise in British Pound net short positions to 31,353 contracts for the week ending August 26, 2025. This shift reflects growing bearish sentiment driven by weak UK economic indicators, cautious Bank of England policies, and geopolitical uncertainties. Market participants should watch how these factors continue to shape GBP dynamics in the currency markets. #Forex #GBP #CFTC
