by Julian Benson | May 21, 2025
The dollar fell against a range of currencies on Tuesday, losing 0.6% against the pound and 0.8% against the euro. With Trump piling pressure on Republican lawmakers to extend and expand his tax cuts and the cost of US government debt increasing, the markets are...
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by Julian Benson | May 21, 2025
The euro had a strong day on Tuesday, gaining 0.2% on the pound and 0.6% on the dollar. Though, that climb may be due to hesitance of the UK inflation rate and uncertainty around the incoming US tax bill as much as it is about the strength of the eurozone market....
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by Julian Benson | May 21, 2025
Buoyed by trade agreements and last week’s GDP figures, sterling continued its climb on the dollar on Tuesday, gaining 0.5%, though it slowed slightly against the euro. However, the UK’s run of good news may be over, as inflation rose higher than predicted in April,...
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by Julian Benson | May 21, 2025
It was a strong day for the euro on Tuesday, with the currency climbing 0.2% on the pound and over 0.6% on the dollar. Sterling continues to gain on the dollar, up another 0.5% in yesterday’s trading, and more than 1% than this time last week. Though this morning’s...
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by Julian Benson | May 20, 2025
The dollar fell by 0.5% against both GBP and EUR on Monday as the market reacted to Friday’s credit rating downgrade. Moody’s assessment comes just as US President Donald Trump is trying to push through a tax-cutting budget, which may put further pressure on the...
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