The pound’s penultimate day of January was a mixed affair, with small losses and gains as the markets analysed a welter of data. Given the decision of the European Central Bank (ECB) to lower interest rates yet again…
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The same safe-haven forces that have marked 2025 swirled yesterday to boost the US dollar. A comparatively uneventful Fed event means that focus now turns to this afternoon’s GDP and initial jobless claims, which should combine to offer…
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A busy streak of European GDP releases is under way. While much of the focus is on the ECB, markets will be keeping tabs on eurozone and nation data, which is likely to feed through to the euro.…
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The pound’s formerly familiar pattern (strong against the euro, weak against the US dollar) resumed yesterday. While it has ample opportunity to rise or fall against the euro, sterling faces an uphill battle against the US dollar, where…
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Sterling advanced to its strongest level against the euro since early January on Wednesday, as the European Central Bank’s (ECB) next interest rate decision and key economic data dominated proceedings.
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Despite its shaky start to the week, following massive losses in the tech sector, the dollar recovered and gained on the euro. However, out of the turmoil, the pound gained on both.
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The dollar managed to recover after the tech-focused stock markets posted record losses on Monday. While The Fed is forecast to hold interest rates steady this afternoon, the institution has been under pressure from President Trump to make…
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Despite riding strong on Tuesday, the euro sank at the start of trading today after the publication of German consumer confidence data. With more data due tomorrow, the currency is struggling for a foothold.
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