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Oct 16, 2025
FX Today: Final inflation figures in the euro area take centre stage
The US Dollar (USD) retreated further on Thursday, clinching multi-day lows as investors continued to assess prospects for rate cuts by the Fed and the impact on the economy of a protracted US shutdown.
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Oct 16, 2025
GBP/USD extends recovery amid US Dollar softness and modest UK GDP growth
The British Pound (GBP) strengthens against the US Dollar (USD) on Thursday, extending gains for the second day in a row. At the time of writing, GBP/USD is trading around 1.3431, rebounding after briefly falling to a two-and-a-half-month low on Tuesday.
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