The pound’s 13-day streak of rises on the dollar has ended but it has begun to retake lost ground against the euro. Against a backdrop of shrinking growth forecasts and declining industry sales, Rachel Reeves is in Washington…
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After hitting three-year lows against a range of currencies on Tuesday, the dollar has begun to rally. In the past 24 hours, it has gained 0.75% on sterling, ending a near 13-day losing streak, and 1.2% on the…
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The US stock market and dollar are on a downward slope after president Donald Trump renewed his attacks on Federal Reserve chair Jerome Powell. The chair refuses to lower interest rates in face of the current economic security…
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The euro is racing upward against the dollar and enjoying a three-year high over the American currency. Tomorrow’s German manufacturing PMI will provide a clear indication of how one of Europe’s largest industries is responding to Trump’s tariffs.
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The pound is nearly at a two-year high against the dollar and is currently regaining lost ground against the euro. Tomorrow’s manufacturing and service industry data releases will reveal the early impact of the government’s growth agenda and…
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As we come out of the Easter weekend and normal trading resumes, the pound is enjoying a high against the dollar while regaining some lost ground on the euro.
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Unexpectedly strong retail sales helped the US dollar regain a little ground to its European rivals on Wednesday afternoon. However, having sunk to a more than three-year low against the euro this week, markets continue to believe that…
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Ahead of Easter, it’s worth taking stock of just how much ground the euro has regained since the start of the year. The euro is around five cents stronger against the pound compared to 1 January and has…
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