by Jonathan Cook | May 15, 2025
Sterling shed some value to its rivals yesterday ahead of this morning’s big growth report. Despite some softness in recent employment figures and a cut to interest rates, cautious words from the Bank of England helped limit those losses to below half a cent. GBP/USD:...
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by Jonathan Cook | May 15, 2025
Initial data showed the British economy grew by 0.7% in the first three months of 2025, its strongest performance since the same period in 2024. The annualised growth rate registered 1.3% in Q1, modestly exceeding the majority of forecasts. GBP/EUR was unmoved in...
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by Julian Benson | May 14, 2025
Following a relaxing of tariffs on Europe last month and an agreement between the US and China on Monday to lower their levies against one another, there have been reversals on much of the damage caused by US president Donald Trump’s trade policy. The S&P 500, for...
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by Julian Benson | May 14, 2025
While the dollar lost the momentum of its Monday bounce, ending 0.7% down on both the euro and pound, the US stock market showed a recovery. Following US president Donald Trump’s agreement to reduce tariffs on China, the S&P 500 saw all its 2025 losses restored....
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by Julian Benson | May 14, 2025
The euro climbed against the dollar, gaining 0.7% on USD and ending the day neck-and-neck with the pound. An economic survey revealed a huge swing in German economic sentiment, reversing a two-year low in April and returning to February levels. EUR/USD past year 1 Min...
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