by Jonathan Cook | May 30, 2025
Currency markets believe the ECB is lining up another quarter-point cut to interest rates next week, which would take the main rate from 2.25% to 2%. If this could weaken the euro, it isn’t showing it right now, having recorded another impressive run of advances...
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by Jonathan Cook | May 30, 2025
As Jerome Powell headed to the White House and the US dollar suffered from another bout of instability, it was another policymaker, Austan Goolsbee, who offered an interesting opinion. If sweeping tariffs were avoided through a deal or something of that sort, interest...
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by Jonathan Cook | May 30, 2025
The euro made a series of eye-catching gains yesterday as currency markets shrugged off the latest instalment in the trade saga. Over the course of Thursday, EUR/USD strengthened by over a cent and GBP/EUR dropped by a similar margin to reach its weakest level this...
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by Julian Benson | May 29, 2025
Wednesday saw the dollar continue its clawback of recent losses against the pound and euro, gaining 0.3% on the former and more than 0.5% on the latter. There may be more growth today after the US courts ruled President Trump’s blanket tariffs are illegal. Though, GDP...
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by Julian Benson | May 29, 2025
French data released throughout Wednesday painted a picture of small declines across the economy, declines that may be repeated in other Eurozone countries. These small falls may be behind Wednesday’s lacklustre performance, where the currency dragged behind both the...
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