GBP: A quiet summer?

Currency markets think the BoE will leave interest rates unchanged until September. Sterling would benefit from a period of certainty given its recent struggles. Don’t put all your eggs into this basket, though. Currency markets are often simply wrong, and “Black...


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Pound under pressure, Fed enters holding pattern

Sterling lost a little more ground to both the euro and the US dollar ahead of today’s interest rate decision from the Bank of England (BoE). A “risk-off” tone continued to dominate trading as currency markets look to central banks and developments in the Middle...


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USD: Iran/Israel conflict drives dollar growth

The dollar gained more than 0.5% on the euro and nearly double that on the pound on Tuesday. This is due to the worsening conflict in the Middle East grows, more than signs of a strong economy coming from the US. Today the Fed will announce its interest rate decision,...


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EUR: Soaring economic outlook

The euro was more than 0.3% ahead of the pound on Tuesday but fell over 0.5% against the dollar. However, economic sentiment in Germany is swelling, suggesting the country is predicting large growth in 2025. EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...


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