GBP/EUR slips to six-week low

GBP/EUR lost the best part of 2% last week as the eurozone finally flexed its muscles. EUR/USD strengthened by a whopping five cents across the week, a feat the pound only narrowly failed to replicate against its trans-Atlantic adversary. Volatility is incredibly high...


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USD: Septimana horribilis

Last week was something of a horror show for the US dollar, which lost significant value against almost all other major currencies. American markets are growing skittish over the economy’s direction, a trend not helped by unpredictable government by tweet. It likely...


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EUR: Higher spending sends euro skyward

Europe’s politicians intervened to give EUR/USD its biggest weekly advance this decade. The prospect of higher spending, and therefore more economic growth and debt, injected powerful momentum into the euro. Will the rally roll further, or will the euro hit its...


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GBP: Bruised but not beaten

The pound lost ground to the euro but could find solace in a string of strong performances against the US dollar, the Canadian dollar and the Aussie dollar. As ever, it’s almost impossible to say if GBP/EU will move up or down this week, particularly as volatility...


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Euro the big winner from US dollar collapse

GBP/EUR lost the best part of 2% last week as the eurozone finally flexed its muscles. EUR/USD strengthened by a whopping five cents across the week, a feat the pound only narrowly failed to replicate against its trans-Atlantic adversary. The European Union decided it...


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