by Julian Benson | Jul 11, 2025
Following a surprise 0.1% contraction in GDP, the pound was down against the dollar and euro this morning. Analysts had predicted growth in May, so the slip – which is the second month in a row – harms Chancellor Rachel Reeves’ plans for spending. GBP/USD past year 1...
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by Julian Benson | Jul 11, 2025
It was a strong day for the dollar on Thursday, growing more than 0.5% against the euro and the pound. Sterling was leading on the euro until this morning’s GDP figures revealed the UK economy shrank in May, instead of the small uptick predicted. Fresh GDP figures...
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by Julian Benson | Jul 10, 2025
The dollar slipped against the pound and euro on Wednesday, as the shock of President Trump’s surprise copper tariff wore off. The President also announced fresh tariffs, including a 50% levy on Brazil unless it ends its investigations against former right-wing leader...
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by Julian Benson | Jul 10, 2025
The euro was flat against the pound on Wednesday and regained all of Tuesday’s losses against the dollar. German inflation data shows the country has, again, hit its 2% target, a marked difference from the US and UK. EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...
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by Julian Benson | Jul 10, 2025
The pound was slightly up on the dollar on Wednesday, regaining most of Tuesday’s losses. The Bank of England announced looser regulations on mortgage lending to try and help first-time buyers access property. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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