The pound saw significant gains on the euro and major losses to the dollar through last week, but by Friday those shifts levelled out to only a 0.2% rise on EUR and 1% drop against USD. This week…
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After a week of clawing ground back from the pound and euro, the dollar’s gains were lost on Friday when new jobs data revealed a massive slowdown in US job growth and President Trump’s revised tariffs were revealed.…
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Another positive day for the dollar, strengthening almost across the board and rounding off a month in which USD has gained 2% to 4% against major rivals. It’s hard to gauge how the US economy will react to…
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The single currency heads off for the "Grandes Vacances" with something of a swing in its step, haven’t strengthened against most currencies yesterday, although losses over July have been significant. The week could have a sting in its…
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The pound had a generally negative day to end the month yesterday, with 0.4% drops against the US dollar and euro, and twice that amount against the Indian rupee. A long period of intense and high-level data has…
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It was a broadly negative day for sterling yesterday, after a week of gains against the euro had offered some relief for those with major purchases upcoming in the eurozone. There was no particular reason for the weakening…
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A GDP increase of 3% is always going to grab the headlines, but the US dollar is going to need more than some heavily caveated figures to inspire lasting confidence. Of more importance is last night’s Fed decision,…
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It’s unusual for such a busy schedule of European data to go practically unnoticed. Wednesday’s logjam meant that the euro lost ground as attention turned elsewhere, although the ongoing struggles in the German economy didn’t help its performance.
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