The pound rallied on Tuesday, outperforming the dollar by 0.2% and nearly beating the euro. The energy price cap rise could have seen losses in the pound, but an increase in defense spending seems to be behind the…
Read more
›
The euro ended Tuesday up on both the pound and the dollar, although it was only negligibly ahead of sterling. USD looked to be making a late day comeback, but lost momentum and began falling again against EUR…
Read more
›
While the dollar looked set for a bad day, it bounced back surging past the pound and euro. Worried Wall Street investors were quickly overtaken by a large investment announcement from Apple and further signs of a US…
Read more
›
Buoyed by the German election results, the euro started strong on Monday but fell behind the pound and dollar as traders realised the challenge new chancellor Friedrich Merz faces. His slim majority and coalition government may struggle to…
Read more
›
The pound trailed the dollar and euro most of Monday before limping ahead of EUR by day’s end. However, a rise in the energy price cap and forecasts of decreased retail trading suggest volatility for sterling today.
Read more
›
Although the euro started Monday strong thanks to the German election results, by day’s end it was losing ground to sterling and the dollar. The US currency recovered from Friday’s slump to end Monday 0.3% over the euro…
Read more
›
The euro has rallied after the German election results, climbing to a one-month high against the pound and dollar. Meanwhile, the GBP benefitted from a USD slump, after Wall Street investors express worries about US stagnation.
Read more
›
The dollar was down on the pound and euro this morning as the markets reacted to Wall Street worries. New survey data revealed investors fear US stagnation, leading to a 1.7% drop in the S&P 500.
Read more
›
