by Julian Benson | Aug 19, 2025
Monday proved to be a strong day for the dollar, as the US currency climbed 0.4% on both the pound and euro. The gains were likely driven by investors looking for a safe haven currency while the results of President Trump’s meetings with Vladimir Putin and Volodymyr...
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by Jonathan Cook | Aug 18, 2025
The pound strengthened by half a cent against the euro last week and begins Monday at its highest level in August so far. The UK economy passed its most recent test courtesy of better-than-expected Gross Domestic Product (GDP) numbers, which helped allay fears that...
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by Jonathan Cook | Aug 18, 2025
The University of Michigan’s consumer sentiment survey fell sharply in August, coming in below forecasts at 58.6. In the responses, consumers highlighted increased inflation and unemployment expectations. The US dollar is facing a similar outlook, which helps explain...
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by Jonathan Cook | Aug 18, 2025
The euro has maintained its strength throughout the summer season. Close to a four-year high against the US dollar and holding its own against sterling, it’s now clear that a rejuvenated single currency is no flash in the pan. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1...
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by Jonathan Cook | Aug 18, 2025
The pound was rewarded for passing last week’s GDP test, but this week brings yet more hurdles. Inflation might make awkward reading for the Bank, but don’t expect sterling to navigate the second half of the week without a few uncomfortable moments. GBP/USD: the past...
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