UK growth exceeds expectations in boost to pound

Initial data showed the British economy grew by 0.7% in the first three months of 2025, its strongest performance since the same period in 2024. The annualised growth rate registered 1.3% in Q1, modestly exceeding the majority of forecasts. GBP/EUR was unmoved in...


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USD: US stocks restored after tariff agreement

While the dollar lost the momentum of its Monday bounce, ending 0.7% down on both the euro and pound, the US stock market showed a recovery. Following US president Donald Trump’s agreement to reduce tariffs on China, the S&P 500 saw all its 2025 losses restored....


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EUR: Huge positive swing on economic outlook

The euro climbed against the dollar, gaining 0.7% on USD and ending the day neck-and-neck with the pound. An economic survey revealed a huge swing in German economic sentiment, reversing a two-year low in April and returning to February levels. EUR/USD past year 1 Min...


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GBP: Pound rises ahead of GDP data

The pound spent Tuesday climbing against the dollar, ending 0.7% up on USD. This was despite Office for National Statistics numbers showing a diminished jobs market and forecasts of slowing GDP growth. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...


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