After Wednesday’s news, we won’t see any more inflation data coming out of the UK until after the Bank of England’s next interest rate decision. The Bank is widely expected to announce another cut, made possible by the…
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The euro’s hot streak continued on Wednesday and saw it make more gains at the expense of the pound and US dollar. By the market close, GBP/EUR had fallen by half a cent and EUR/USD approached a three-year…
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What a difference a week makes. Last Wednesday, I was writing to you about the plummeting pound in face of US president Donald Trump’s ever-increasing, ever-changing tariffs. We looked to be on the precipice of an economic event…
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Tuesday saw another day of climbs for the pound, seeing it end 0.45% up on the dollar and 0.37% on the euro. While the past month has been particularly punishing on sterling, it is now riding high on…
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The pound gained on both the dollar and the euro on Tuesday, up 0.45% on the former and 0.37% on the latter. For the third month in a row, UK inflation fell putting greater pressure on the Bank…
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The euro climbed against the dollar again on Tuesday, though it couldn’t keep pace with the pound. The rise was powered by Trump’s hit of an exemption to automotive industry tariffs. European inflation data will be published this…
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The US dollar may have fallen behind the pound and the euro on Tuesday, but it featured none of the steep peaks and troughs of the previous week. However, later today, chair of the US Federal Reserve Jerome…
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The dollar lost nearly 1% against the pound on Monday and made only minor gains on the euro. Trump’s row back on the tariff exemption for electronics imports plunged the tech stocks back into uncertainty.
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