Monday saw the dollar fall against a range of currencies, hitting an almost three-year low against the pound. With bad economic news predicted to buffet US President Trump and his administration throughout the week, traders are looking for…
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The euro was up 0.2% on both the pound and dollar on Monday, as the Eurozone closes in on its 2% inflation rate target. The market is also preparing for Thursday’s ECB interest rate decision, which is forecast…
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The pound continued gains on the dollar, reaching $1.35 to the pound at one point and almost hitting a three-year high. While that may speak more to the weakness of the dollar, the UK housing market showed a…
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The dollar saw multiple dips on Monday. At one point, getting as low as $1.35 to the pound, close to a three-year low. With a major US data release coming this afternoon, USD may tumble even further. Meanwhile,…
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Despite a weaker end to last week, the pound wrapped up May in a strong position. Thanks to strong data and the fallout from the on-again, off-again trade war, GBP/EUR strengthened by almost 1% across the month, making…
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On Friday, analysts at Rabobank argued the US dollar’s weakness this year has reflected the “sell America” trend within the investor community. The dollar’s fall could have further to run, they argued, particularly if government policy continued to…
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The euro battled through a tough start to the week to finish strong on Thursday and Friday. This week presents larger danger due to the ECB’s starring role, but the euro’s rosy fundamentals ensure it enters this week…
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Despite last week’s more mixed performance, the pound put in a solid performance last month. Across May, GBP/EUR and GBP/USD each added the best part of one per cent, bolstered by unexpectedly strong economic numbers and the migration…
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