We value your privacy.
We use cookies to enhance your browsing experience and analyse our traffic. By clicking "Accept All" you consent to our use of cookies. Strictly necessary cookies are already enabled but can be deleted by selecting "Reject All."
Cookie Policy.

We have deleted all functional and performance cookies from your visit to our website so far.
We haven't deleted strictly necessary cookies, as these are essential for us to provide a website service.
However, you are able to control your cookie settings on your device in the settings section of your website browser as well.
We use cookies to ensure that we give you the best user experience on our website and to deliver some key functionality.
If you do not accept cookies and continue to use this website, some key features and functionality of the website will not work.
To view our cookie policy click here.To view our privacy policy click here.

Do you accept the use of cookies on this website?

Yes No

We have deleted all functional and performance cookies and will continue to block them if you use this website.
If you continue to this website without the use of these cookies, some key features and functionality of the website will not work.
Please also be advised that if you continue to use this website then it is essential that we continue to use strictly necessary cookies
To view our cookie policy click here. To view our privacy policy click here.
You can now either continue to use the website or close your browser

Continue
Allow All Accept only necessary Reject All

Market Report : 10.07.2026

Published: 10/07/2026 By ECAP

CONFIDENCE BUILDS

The GBP/USD exchange rate hovers near 1.3426, trading sideways as the British Pound balances local political stability and firm Bank of England (BoE) rate hike expectations against safe-haven US Dollar (USD) demand driven by Middle East geopolitical risks and volatile crude oil prices.

UR/USD currency pair trades near 1.1430, driven by a softer US Dollar and rising European Central Bank (ECB) rate hike expectations. Key market drivers include persistent core inflation in Europe and cautious trading ahead of upcoming central bank data.

The US dollar remains firm near-term due to sticky inflation and a hawkish Federal Reserve. Key drivers include a resilient US inflation rate of 4.2%, upcoming policy decisions, global energy prices and ongoing Middle East geopolitical tensions.

Data supplied by GC Partners
Back to Articles

Tags:

Share