by Julian Benson | May 28, 2025
After a day of solid gains on the US stock market, the dollar climbed more than 0.6% on both the euro and the pound. It saw these gains despite positive economic news coming out of both the UK and Europe. Following the UK’s above-expected GDP growth earlier this...
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by Jonathan Cook | May 27, 2025
Sterling ended Friday with a blistering run against the euro and the US dollar, which saw GBP/EUR strengthen by half a cent and took GBP/USD to its highest level in well over three years. That has continued this morning against the euro, if not the US dollar. Some...
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by Jonathan Cook | May 27, 2025
The stars aligned to push sterling higher against its main rivals last week. GBP/EUR has added almost 2% since the end of April, while GBP/USD finished last week at its highest level since February 2022. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk...
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by Jonathan Cook | May 27, 2025
The euro’s momentum was halted on Friday by the unwelcome spectre of trade tariffs. European negotiators had been taking the slow route when it came to reaching a deal, but they will have to get their skates on to protect the euro and the European economy. GBP/EUR:...
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by Jonathan Cook | May 27, 2025
The US dollar endured its worst performance since the mayhem that unfolded at the beginning of April last week. A fall of almost 2% against a basket of rival currencies reflecting growing disquiet over fiscal policy, now threatened by the impact of tariffs as well as...
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