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USD: Fed Chair under mounting pressure

The dollar started the week sluggishly, trailing the euro by 0.5% on Monday. With Fed Chair Jerome Powell giving a speech this afternoon and US President Donald Trump looking for any chance to criticise the head of his central bank, there is a chance of another...


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EUR: Steady climb ahead of interest rate decision

The euro climbed nearly 0.5% on the dollar and 0.15% on the pound on Monday, starting another strong week for the EU currency. With an interest rate decision on Thursday that is largely expected to be a hold at 2.15%, it could be a steady week for the euro. EUR/USD...


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GBP: UK government borrowing leaps

The pound was ahead of the dollar on Monday but lagged behind the euro, continuing its second-place run of 2025. This morning’s news that UK government debt costs coming in £3bn higher than predicted could have a big impact on the pound today. GBP/USD past year 1 Min...


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Pound struggles to get out of first gear

Last week was another tough one for the pound, which has spent the majority of summer straining and sputtering but failing to make up much ground over the euro. Since the start of July, sterling has weakened by over a cent, a number that rises to almost four cents if...


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