by Julian Benson | Jul 16, 2025
The dollar was up significantly on the pound and euro on Tuesday, climbing 0.25% on the former and 0.5% on the latter. The backdrop for the rise looks to be the news that US inflation jumped 0.3% in June, making a Fed interest rate cut even more unlikely. USD/GBP past...
read more
by Julian Benson | Jul 16, 2025
The euro lost out on Tuesday, falling 0.5% against the dollar and 0.25% against the pound. Those climbs could be driven by traders moving to anticipate a US interest rate hold, and the impact of Trump’s proposed 30% trade tariff on the EU. EUR/USD past year 1 Min 5...
read more
by Julian Benson | Jul 16, 2025
Tuesday saw the pound climb on 0.25% on the euro but lag a similar amount behind the dollar. Hopes for an August interest rate cut were slashed this morning by an unexpected rise in inflation. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
read more
by Julian Benson | Jul 16, 2025
Yesterday brought the news that US inflation jumped by 0.3% in June, a sign that the cost of President Donald Trump’s trade tariffs may be starting to flow down to consumers. The rise led to a strong day for the dollar, as traders bought the currency anticipating that...
read more
by Julian Benson | Jul 15, 2025
The dollar walked the middle road on Monday, climbing 0.1% on the pound but falling more than 0.2% against the euro. Today sees fresh inflation data, which predicted to show a small rise. Inflation rises help Fed Chair Jerome Powell’s case for holding interest rates,...
read more
