The euro saw a 0.5% gain on the dollar on Monday, continuing its strengthening against the US. German manufacturing data released on Thursday will show how the bloc is fairing in light of Trump’s on-again, off-again tariffs.
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The pound grew by 0.5% against the dollar on Monday, in part because of its newly signed trade deal with the EU, but also the US’s credit rating downgrade. While sterling is currently on the up, tomorrow’s inflation…
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Based on last week’s late glut of data, as well as Federal Reserve Chair Jerome Powell’s hawkish comments, the threat of inflation is very real in the US economy. That helped explain the US dollar’s strong Friday performance,…
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You wouldn’t have thought it possible during the height of the fractious Brexit negotiations, but strange forces have coalesced to push the UK and eurozone back together. This week’s negotiations could have sizeable implications for currencies, too, and…
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With April heralding the start of the new financial year, economists expect a big round of price rises to send the UK’s headline inflation rate north of 3%. A miss on that read would set markets scrambling to…
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GBP/EUR passed through the 1.19 ceiling to end last week, the first time it has done so since the hours after Donald Trump’s tariff announcement on 2 April.
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Last week’s febrile currency trading saw the pound and euro range by more than two cents against the US dollar. For sterling, the week was dominated by some welcome news on the growth front, caveated by the suspicion…
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