by Julian Benson | Jul 16, 2025
Tuesday saw the pound climb on 0.25% on the euro but lag a similar amount behind the dollar. Hopes for an August interest rate cut were slashed this morning by an unexpected rise in inflation. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Jul 16, 2025
Yesterday brought the news that US inflation jumped by 0.3% in June, a sign that the cost of President Donald Trump’s trade tariffs may be starting to flow down to consumers. The rise led to a strong day for the dollar, as traders bought the currency anticipating that...
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by Julian Benson | Jul 15, 2025
The dollar walked the middle road on Monday, climbing 0.1% on the pound but falling more than 0.2% against the euro. Today sees fresh inflation data, which predicted to show a small rise. Inflation rises help Fed Chair Jerome Powell’s case for holding interest rates,...
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by Julian Benson | Jul 15, 2025
The euro gained on both the dollar and pound on Monday, driven by Trump’s plan to impose a 30% trade tariff on the EU. While European stock markets fell, it seems traders sought safety in hard currency, pushing the euro up more than 0.2% on the dollar and nearly...
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by Julian Benson | Jul 15, 2025
The pound sank to a three-week low on Monday, as Bank of England Governor Andrew Bailey revealed the two data points that would impact the pending interest rate decision: jobs and inflation. Figures for both are being published this week. GBP/USD past year 1 Min 5 Min...
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