A mixed week for the pound saw it give up early advances against the US dollar and the euro to finish just in the red across the week. In what was another resilient showing, the euro held its…
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Sterling had a bad day in the office against the euro on Thursday, and it might have more of those to come given the sunny outlook for the euro. With sustainable debt levels, low interest rates compared to…
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Currency markets believe the ECB is lining up another quarter-point cut to interest rates next week, which would take the main rate from 2.25% to 2%. If this could weaken the euro, it isn’t showing it right now,…
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As Jerome Powell headed to the White House and the US dollar suffered from another bout of instability, it was another policymaker, Austan Goolsbee, who offered an interesting opinion. If sweeping tariffs were avoided through a deal or…
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The euro made a series of eye-catching gains yesterday as currency markets shrugged off the latest instalment in the trade saga. Over the course of Thursday, EUR/USD strengthened by over a cent and GBP/EUR dropped by a similar…
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Wednesday saw the dollar continue its clawback of recent losses against the pound and euro, gaining 0.3% on the former and more than 0.5% on the latter. There may be more growth today after the US courts ruled…
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French data released throughout Wednesday painted a picture of small declines across the economy, declines that may be repeated in other Eurozone countries. These small falls may be behind Wednesday’s lacklustre performance, where the currency dragged behind both…
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With no major data releases published on Wednesday, the pound slipped behind the dollar by 0.3%, but gained 0.2% on the euro. UK Chancellor Rachel Reeves announced the formation of pension megafunds that will be directed to invest…
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