GBP: No gains, despite IMF confidence

by | May 28, 2025

The pound was level pegging with the euro throughout Tuesday and trailed the dollar by 0.6%, despite getting a minor vote of confidence from the IMF. The group has upgraded its growth forecast for the UK, though called on Chancellor Rachel Reeves to refine her fiscal...


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US gains fuelled by possible EU trade deal

by | May 28, 2025

After a day of solid gains on the US stock market, the dollar climbed more than 0.6% on both the euro and the pound. It saw these gains despite positive economic news coming out of both the UK and Europe. Following the UK’s above-expected GDP growth earlier this...


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Pound surges as euro faces new trade threat

by | May 27, 2025

Sterling ended Friday with a blistering run against the euro and the US dollar, which saw GBP/EUR strengthen by half a cent and took GBP/USD to its highest level in well over three years. That has continued this morning against the euro, if not the US dollar. Some...


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GBP: Pound makes sizeable gains

by | May 27, 2025

The stars aligned to push sterling higher against its main rivals last week. GBP/EUR has added almost 2% since the end of April, while GBP/USD finished last week at its highest level since February 2022. GBP/USD: the past year               1 Min 5 Min 1 Hr 1 Day 1 Wk...


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