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Sterling buckles after Commons horror show

The pound weakened by over a cent against the euro and by almost two cents against the US dollar on Wednesday, a day that saw one of the most remarkable Prime Minister’s Questions (PMQs) of recent times. Despite stabilising in the evening session, sterling will be...


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USD: Fed Chair blames tariffs for rate cut delay

Following falls on Monday, the dollar held its own against the pound and euro on Tuesday, with change fluctuating up and down within 0.1%. Despite signs of a healthy economy, with inflation down and jobs up, Fed Chair Jerome Powell says the uncertainty caused by...


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GBP: Softer jobs pave way for interest rate cut

The pound saw minor falls of less than 0.1% against both the dollar and euro on Tuesday. Bank of England Governor Andrew Bailey suggests he’s still looking to cut interest rates through the year, and recent soft jobs market data indicates the time may be right to do...


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