by Jonathan Cook | May 19, 2025
GBP/EUR passed through the 1.19 ceiling to end last week, the first time it has done so since the hours after Donald Trump’s tariff announcement on 2 April. It’s been quite the journey for overseas buyers in the past month. In just five short weeks, the price you...
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by Jonathan Cook | May 19, 2025
Last week’s febrile currency trading saw the pound and euro range by more than two cents against the US dollar. For sterling, the week was dominated by some welcome news on the growth front, caveated by the suspicion that economic activity is likely to slow as we...
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by Christopher Nye | May 16, 2025
More losses for the US dollar yesterday, after retail sales fell back sharply in a day packed with economic data, overall showing a mixed and confusing economic picture for the world’s biggest economy right now. We’ve got some housing numbers coming out this...
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by Christopher Nye | May 16, 2025
It was a performance of two halves for the single currency, but there was most red in the figures (indicating weakening) against the pound, yen and Swiss franc. There’s a somewhat bitty start to next week’s data – with final results for inflation, and PPI – but...
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by Christopher Nye | May 16, 2025
The pound strengthened against most pairs yesterday, apart from the two safe-haven currencies: the yen and Swiss franc. The rises were most notable against the various dollars and krone, while hitting a six-week high against the euro. It’s a slow start to next week...
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