by Jonathan Cook | May 27, 2025
The US dollar endured its worst performance since the mayhem that unfolded at the beginning of April last week. A fall of almost 2% against a basket of rival currencies reflecting growing disquiet over fiscal policy, now threatened by the impact of tariffs as well as...
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by Christopher Nye | May 23, 2025
There were gains almost but not quite across the board yesterday for the US dollar – the single holdouts being sterling and the ‘loonie’, as the Canadian dollar is nicknamed. Federal Reserve chair Jerome Powell will be speaking on Sunday, but the most notable data...
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by Christopher Nye | May 23, 2025
It was a day of declines for the single currency yesterday, losing around 0.45% against both the pound and US dollar. We have just had a result for German GDP, which grew at a revised 0.4% in the first quarter of 2025. The data resumes on Tuesday with German Consumer...
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by Christopher Nye | May 23, 2025
The pound strengthened yesterday against the euro by around 0.4%, taking it back to the point it’s been at since early April. Monday is a Bank Holiday in the UK, but in truth there is little to excite the markets this week. The next data of note is house prices from...
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by Charles Purdy | May 23, 2025
Sterling has continued at its current strong level for two working weeks now, at a three-year high against the US dollar and a six-week high against the euro. The last 24 hours have seen some movement for GBP/EUR, with swings of around half a cent, but overall the...
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