GBP: Streak against the dollar ends

The pound’s 13-day streak of rises on the dollar has ended but it has begun to retake lost ground against the euro. Against a backdrop of shrinking growth forecasts and declining industry sales, Rachel Reeves is in Washington to sign a trade deal with Trump’s team....


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Dollar halts decline after Trump U-turn

After hitting three-year lows against a range of currencies on Tuesday, the dollar has begun to rally. In the past 24 hours, it has gained 0.75% on sterling, ending a near 13-day losing streak, and 1.2% on the euro. As we came out of the Easter weekend, the fresh...


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USD: Stocks and dollar down after Trump comments

The US stock market and dollar are on a downward slope after president Donald Trump renewed his attacks on Federal Reserve chair Jerome Powell. The chair refuses to lower interest rates in face of the current economic uncertainty and markets see him as a trusted...


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EUR: Three-year high against the dollar

The euro is racing upward against the dollar and enjoying a three-year high over the American currency. Tomorrow’s German manufacturing PMI will provide a clear indication of how one of Europe’s largest industries is responding to Trump’s tariffs. EUR/USD past year 1...


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GBP: Significant climbs against the dollar

The pound is nearly at a two-year high against the dollar and is currently regaining lost ground against the euro. Tomorrow’s manufacturing and service industry data releases will reveal the early impact of the government’s growth agenda and whether the UK is set to...


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