by Julian Benson | May 20, 2025
The dollar fell by 0.5% against both GBP and EUR on Monday as the market reacted to Friday’s credit rating downgrade. Moody’s assessment comes just as US President Donald Trump is trying to push through a tax-cutting budget, which may put further pressure on the...
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by Julian Benson | May 20, 2025
The euro saw a 0.5% gain on the dollar on Monday, continuing its strengthening against the US. German manufacturing data released on Thursday will show how the bloc is fairing in light of Trump’s on-again, off-again tariffs. EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1...
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by Julian Benson | May 20, 2025
The pound grew by 0.5% against the dollar on Monday, in part because of its newly signed trade deal with the EU, but also the US’s credit rating downgrade. While sterling is currently on the up, tomorrow’s inflation rate data is currently predicted to see a...
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by Julian Benson | May 20, 2025
Monday saw the UK seal its third major trade agreement in a fortnight, this time tightening its relationship with the EU. The news saw the pound rise nearly 0.5% against the dollar and level growth with the euro, suggesting markets approve of the news. While the trade...
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by Jonathan Cook | May 19, 2025
Based on last week’s late glut of data, as well as Federal Reserve Chair Jerome Powell’s hawkish comments, the threat of inflation is very real in the US economy. That helped explain the US dollar’s strong Friday performance, but markets are forced to carry on their...
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