EUR: Euro posts more large gains

Further strength since yesterday now takes the euro’s gains since the start of 2025 to more than 9% against the US dollar and Chinese yuan and 5% against the pound. It’s further bad news for European exporters, on top of tariffs. ECB President Christine Lagarde will...


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GBP: Another torrid day for GBP/EUR

The falls continued for the pound, against the euro in particular, taking it down to a 16-month low. GBP/USD strengthened by 1% over the course of the day, however. With GDP just announced, we won’t have to wait long for more data – unemployment and earnings on...


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GDP growth for UK but losses mount against euro

GDP growth for UK but losses mount against euro

It was a mixed day for sterling yesterday, with more significant falls against the euro, yen, Swiss franc and others, but recovery against the US dollar and the commodity-backed currencies such as the Aussie dollar and Norwegian krone. Worries for anyone buying euros...


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USD: Tariff U-turn sees stocks rally

After a week of turmoil and trillions wiped off the stock market, Trump’s U-turn on tariffs sent the US markets rocketing. The dollar is nearly up 1% on the euro, a sign its freefall has ended. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...


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EUR: Markets set to rally

The euro strengthened significantly in the last week as traders looked for a safer currency, but Trump’s tariff U-turn has seen that swelling ease. EUR is down 0.8% against USD and 1.1% against the pound. Market futures suggest EU stocks are set to rally throughout...


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