by Charles Purdy | Jun 5, 2025
Sterling drifted upwards yesterday against the US dollar after some disappointing industrial results seemed to reflect growing business worries in the world’s biggest economy. GBP/USD came close – but no cigar – to breaking another three-year high. GBP/EUR drifted...
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by Julian Benson | Jun 4, 2025
The dollar’s decline under the Trump administration almost hit a stark milestone this week, with the dollar coming within a whisker of hitting a three-year low against the pound. It has recovered slightly but it’s still down nearly 10% since its January high, ahead of...
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by Julian Benson | Jun 4, 2025
The dollar recovered from Monday’s near three-year-low against the pound, gaining more than 0.5% on the euro and 0.2% on sterling. The growth was driven by surprisingly high job openings data, with nearly 300,000 more positions open than forecast. USD/GBP past year 1...
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by Julian Benson | Jun 4, 2025
The euro fell against the pound and the dollar on Tuesday as traders prepare for a likely interest rate cut on Thursday. Eurozone inflation fell below the bloc’s 2% target, dropping further than forecast, which makes an ECB cut more likely. EUR/USD past year 1 Min 5...
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by Julian Benson | Jun 4, 2025
The pound gained 0.4% on the euro on Tuesday, and only made a minor loss against the dollar. However, this was likely a result of trader movement preparing for an ECB rate cut on Thursday. Closer to home, governor of the BoE warned of increasing economic uncertainty....
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