Following Monday’s early morning announcement of an agreement between China and the US to reduce their tariffs against each other, the dollar enjoyed a day of riding high against a basket of currencies. It gained more than 0.8%…
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The pound starts the week at its highest level in over a month against the euro – the result of steady progress last week and a string of positive developments on tariffs.
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US dollar investors are on tenterhooks as the real negotiating begins between America and its trading partners. So far, just one country (and not even a high-volume partner at that) has agreed new terms. The US dollar will…
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The euro spent much of last week on the back foot. That was especially true against the US dollar, although the euro generated some pushback across Friday. There isn’t much data to fall back on this week, presenting…
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Last Thursday’s interest rate cut by the Bank of England arguably did not provide the certainty the pound was looking for. With the vote split, markets interpreted the decision as a hawkish, cautious move. However, analysis by Deutsche…
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A productive week for sterling saw GBP/EUR reach its highest level since early April. The pound meanwhile exchanged blows with the US dollar and finished only marginally higher across the week.
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Thursday was a strong day for the US dollar. The currency’s strong performance was driven by the announcement of a trade deal with the UK and signals from Trump that further deals were incoming, marking a possible end…
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The euro lost significant ground against sterling and the dollar on Thursday. Weak trade figures out of Germany did little to help. With no new data being announced in the eurozone today, the currency is at the mercy…
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