by Christopher Nye | Jul 25, 2025
The single currency had a quiet day as the European Central Bank, as expected, held interest rates steady – albeit at less than half the rate of the UK and USA. We’ve got the Ifo Business Climate reading coming up shortly. EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk...
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by Christopher Nye | Jul 25, 2025
The pound weakened across the board yesterday, with the largest falls against the US dollar and Chinese yuan. After the blizzard of recent data things calm down next week, although there is some mortgage data midweek and house prices on Friday. Will we see any...
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by Charles Purdy | Jul 25, 2025
Sterling has weakened again in the past 24 hours, buffeted by a daily assault of negative data on the UK economy. The pound weakened to a fresh low against the euro, its worst again since November 2023. But there were no bright points for sterling. The day’s losses...
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by Jonathan Cook | Jul 24, 2025
It was a slightly strange sight to see the US dollar fall in the wake of what was a really significant trade deal. The dollar would soon fight back against the euro, but currency markets certainly need more than a couple of agreements to push their chips back across...
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by Jonathan Cook | Jul 24, 2025
Trade and interest rates were the main causes of a subdued Wednesday for the euro. The issue is there hasn’t been much clarity on either. That should soon change, although for now it’s hard to predict both the ECB’s decision and the outcome of ongoing trade...
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