by Christopher Nye | Jun 13, 2025
Sterling joined in with the general pile-in against the US dollar yesterday, while dropping to a five-week low against the euro. While that has been partially reversed overnight, next week the volatility may well continue, with inflation data on Wednesday ahead of the...
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by Christopher Nye | Jun 13, 2025
The only was up for the euro – with close to a 1% gain on USD and smaller but still significant advances on the pound, yuan and Australian dollar. We’re getting final results for inflation this morning and Monday, with the ZEW Economic Sentiment Index the main event...
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by Christopher Nye | Jun 13, 2025
The US dollar made its biggest losses against the Swiss franc, Norwegian krone and euro yesterday, as the third of three significant downward lurches of this spring and summer knocked another 1% or so off the value of the US dollar. The big event coming up is the...
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by Charles Purdy | Jun 13, 2025
Yesterday the story was all about the US dollar coming under pressure once again from the continuing trade war. GBP/USD hit its best rate since January 2022, and the dollar lost more than 1% against leading currencies, taking its decline since the start of 2025 to...
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by Jonathan Cook | Jun 12, 2025
Consumer Price Inflation (CPI) rose from 2.3% to 2.4% in May but came in below the 2.5% figure most analysts predicted – the result mainly of cheaper oil and gas costs. This news contributed to the US dollar’s daily losses of half a cent against the pound and almost a...
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