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USD: Fed dangles rate carrot

As Jerome Powell headed to the White House and the US dollar suffered from another bout of instability, it was another policymaker, Austan Goolsbee, who offered an interesting opinion. If sweeping tariffs were avoided through a deal or something of that sort, interest...


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Euro pushes ahead as tariff battle rumbles on

The euro made a series of eye-catching gains yesterday as currency markets shrugged off the latest instalment in the trade saga. Over the course of Thursday, EUR/USD strengthened by over a cent and GBP/EUR dropped by a similar margin to reach its weakest level this...


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USD: Dollar gains as court rules against tariffs

Wednesday saw the dollar continue its clawback of recent losses against the pound and euro, gaining 0.3% on the former and more than 0.5% on the latter. There may be more growth today after the US courts ruled President Trump’s blanket tariffs are illegal. Though, GDP...


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EUR: Small losses adding up

French data released throughout Wednesday painted a picture of small declines across the economy, declines that may be repeated in other Eurozone countries. These small falls may be behind Wednesday’s lacklustre performance, where the currency dragged behind both the...


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GBP: Middling day for the pound

With no major data releases published on Wednesday, the pound slipped behind the dollar by 0.3%, but gained 0.2% on the euro. UK Chancellor Rachel Reeves announced the formation of pension megafunds that will be directed to invest in local schemes and drive national...


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