A week can bring significant changes that can flip the script on currency markets. The euro, which has been on the ascendant all year, is now beginning to fall.
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The dollar led the pound and euro on Tuesday, slightly ahead of GBP and 0.25% ahead of EUR. There were no major data releases to drive these gains, but on Friday a speech by Fed Chair Jerome Powell…
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The euro was down 0.25% against both the pound and the dollar on Tuesday. It appears traders took their funds from safer banked currency and invested it into riskier stocks and shares, driven by growing confidence in a…
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The pound was up 0.25% on the euro and slightly behind the dollar on Tuesday. Though we’re likely to see movement today as UK inflation has climbed to 3.8%, with rail fares set to increase by as much…
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The euro was down 0.25% against both the pound and dollar on Tuesday as hope for a Ukrainian peace saw investors selling banked currency and buying European stocks instead. However, new UK data shows the rise in inflation…
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The dollar was up 0.4% on the pound and euro on Monday. As Volodymyr Zelenskyy travelled to the White House to talk with Donald Trump, traders bought dollars in a sign of uncertainty of the outcome of the…
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Monday saw the euro down 0.4% against the dollar and trail the pound. There was little economic news out of the bloc to create gains, and with the outcome of the Russia-Ukraine talks uncertain, traders looked for safety…
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The pound was down 0.4% against the dollar but slightly ahead of the euro on Monday. News that the treasury is looking at stamp duty and council tax suggests big changes in the upcoming autumn budget.
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