The dollar saw significant declines on Thursday, at one point losing more than 1% against the pound. Since President Trump took office, USD is down a full 16 cents against GBP. Data for the early months of 2025…
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A steady day for the euro which saw minor losses to the pound and gains on the dollar. Despite recent interest rate cuts and on target inflation, fresh data from Germany says consumers are still worried about the…
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The pound climbed to a near four-year high against the dollar on Thursday, seeing a three-cent gain in the past week. However, Bank Governor Andrew Bailey pointed to signs of a slowing UK economy and warned of an…
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There was significant movement in the money markets on Thursday, with the dollar dropping quickly. At one point, the dollar hit a near four-year low against the pound, and in the last week alone, it’s fallen over three…
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Even with the mood cautious, the US dollar’s gains have evaporated as the threat of another war fades. That trend may reverse at any moment, but its quick losses to European currencies will be a worry for those…
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Donald Trump singled out Spain for its refusal to commit to the 5% defence spending pledge agreed yesterday. The president suggested this decision could influence his trade negotiations with the eurozone, which could be a drag on the…
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Sterling will likely be heavily influenced by the timing of the Bank of England’s next rate cut. While the details are up in the air, keep an eye on governor Andrew Bailey for an indication of his thinking.…
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Sterling largely traded sideways against its major rivals on Wednesday as the fallout from the Israel-Iran conflict and the annual NATO summit contributed to a risk-off tone.
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