by Julian Benson | Jun 4, 2025
The dollar’s decline under the Trump administration almost hit a stark milestone this week, with the dollar coming within a whisker of hitting a three-year low against the pound. It has recovered slightly but it’s still down nearly 10% since its January high, ahead of...
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by Julian Benson | Jun 4, 2025
The dollar recovered from Monday’s near three-year-low against the pound, gaining more than 0.5% on the euro and 0.2% on sterling. The growth was driven by surprisingly high job openings data, with nearly 300,000 more positions open than forecast. USD/GBP past year 1...
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by Julian Benson | Jun 4, 2025
The euro fell against the pound and the dollar on Tuesday as traders prepare for a likely interest rate cut on Thursday. Eurozone inflation fell below the bloc’s 2% target, dropping further than forecast, which makes an ECB cut more likely. EUR/USD past year 1 Min 5...
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by Julian Benson | Jun 4, 2025
The pound gained 0.4% on the euro on Tuesday, and only made a minor loss against the dollar. However, this was likely a result of trader movement preparing for an ECB rate cut on Thursday. Closer to home, governor of the BoE warned of increasing economic uncertainty....
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by Julian Benson | Jun 4, 2025
While the dollar is still broadly down against the pound and euro, Tuesday saw it make gains after better-than-expected jobs data. Sterling meanwhile saw 0.4% growth over the euro, as the markets prepare for the European Central Bank to cut interest rates on Thursday....
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