GBP/USD

Andy Burnham began his tenure as the U.K.‘s seventh prime minister in 10 years this week — but investors’ attention is now on John Healey, who was named Chancellor of the Exchequer late on Monday. Britain’s new finance minister faces a delicate balancing act between delivering Burnham’s potentially more left-leaning agenda and calming financial markets. As ...

Barbara Kahn, professor of marketing at the Wharton School, explains why retail sales remain resilient despite inflation and economic uncertainty. She explores the growing demand for value, wellness, and memorable experiences, the challenges facing aspirational luxury brands, and the uneven performance of shopping malls. Kahn also discusses how retailers ...

Outside of earnings reports from Alphabet and Tesla after the bell tomorrow, most of the major market-moving economic data will come from the European continent this week. Today’s focus is on the situation in the UK. During this morning’s European session, the UK jobs report pointed to a labor market that is stabilizing, albeit at a relatively weak level. ...

Trump Announced Significant Support For Lebanon Trump Says Lebanon Has A Very Good Relationship With The U.s. Trump: We're Going To Help Lebanon A Lot Trump: We feel very good about Lebanon, we will make a lot of progress with Lebanon's Aoun.

U.S. Trade Representative Jamieson Greer on Tuesday signaled another round of President Donald Trump’s tariffs is on the way. “We expect to see some action soon,” Greer told CNBC’s “Squawk Box” when asked if new tariffs are forthcoming, in light of an FT report that more duties could be announced as soon as this week. “I can’t really specify a timeline ...

The new UK PM Andy Burnham and his surprise Chancellor are already cutting taxes to boost the UK economy, but how will the pound and gilts react to the political turmoil? FOREX.com's Global Head of Research Matt Weller breaks down the key news you need to know ahead of the US Open, as well as taking a look at today’s chart of the day, GBP/USD.

Every so often, markets present an opportunity to reset the muscle memory of a generation of investors. The arrival of a new U.S. Federal Reserve chair – one who has heralded a genuine changing of the guard – is one such moment. Kevin Warsh's early signals have been clear: Expect less forward policy guidance, lighter use of the Fed’s balance sheet, more ...

For the four weeks ending July 4, 2026, U.S. private employers added an average of 16,500 jobs per week, according to the NER Pulse, a weekly update of the monthly ADP National Employment Report (NER). Hiring slowed for the fourth straight week. These numbers are preliminary and could change as new data is added. table The NER Pulse is an estimate of the ...

What’s striking about the latest UK jobs numbers is just how much the picture varies by sector. Overall, the backdrop looks stable – unemployment is unchanged at 4.9%, payroll employment is flat, and vacancies are levelling out. But as has been the case throughout this year, the government is performing a lot better than the private sector. Public sector ...

Estimates for payrolled employees in the UK fell by 85,000 (0.3%) between May 2025 and May 2026. However, it was largely unchanged on the month, increasing by 3,000 (0.0%) between April and May 2026. This is based on administrative data from HM Revenue and Customs (HMRC). When looking at March to May 2026, the period comparable with our Labour Force Survey ...