The euro grew against the pound following the BoE’s damning assessment, but it continued to lose ground to the dollar. It’s unclear how the markets will respond to this morning’s German Balance of Trade data, which may increase…
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The pound steeply fell against the dollar and euro following an interest rate cut and a damning indictment of UK growth from the Bank of England. It regained some losses through the day but closed weakened against USD…
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The Bank of England’s long predicted interest rate cut immediately knocked the pound down in value against the euro and dollar on Thursday. Meanwhile, in light of continuing Trump instability, the dollar once again gained on the euro…
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Sterling enters a pivotal Thursday having strung together several positive days in a row. Yesterday, GBP/EUR hovered near its highest in 2025 and GBP/USD climbed by almost half a cent to end the day at its strongest in…
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Unlike the US president, the US dollar cannot simply bludgeon markets into submission – not yet, at least. A slowdown in services data added more uncertainty for the US dollar, which must now also navigate employment and consumer…
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The euro has recovered well since Monday’s shock, stemming the tide against the pound and rebuilding some buffer against the US dollar. In a heartening sign of eurozone resilience, EUR/USD is now above where it began the week.
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Bank of England members will be in the spotlight today for what is projected to be a near-unanimous (eight to one) vote for a rate cut. Even relatively sure decisions can lead to currency volatility, however, and the…
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Sterling held onto most of its recent gain against the euro yesterday, maintaining a position not far its best in recent years and nearly 2.5% up on last year. Against the US dollar, the pound has gained close…
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