EUR/USD climbed to a two-week high yesterday as reports of Trump’s tariff pullback brought relief for the single currency. While he may not have signed anything on Day 1, the euro’s short-term future will very much rest on…
Read more
›
Sterling managed to limit its losses to under 0.3% against the euro yesterday but not without some difficulty. The euro is building up some nice momentum as the pound continues to struggle against forecast interest rate cuts and…
Read more
›
Unemployment in the UK advanced slightly to 4.4% in November from 4.3% the month prior. Average earnings, both with and without additional bonuses, increased by 5.6%, slightly more than had been expected. The pound was little changed against…
Read more
›
Sterling enters the week bruised but still afloat after recent stress in the bond market. As UK gilts (government debt) enjoyed their best week from a yield perspective since July, GBP/EUR slid by almost 1% while GBP/USD trended…
Read more
›
Donald Trump’s return and the inflation warning from the IMF are two key risks for the US dollar. While rising inflation might be positive for the US dollar, Trump is widely known to view high rates as the…
Read more
›
A rare recent success story for the euro saw it record a positive week against almost all other major currencies. It now looks to continue that momentum ahead of crucial German data later in the week.
Read more
›
After navigating last week’s economic releases (mostly) unscathed, the pound now looks to rebuild its eroded position. This will be a tall order – GBP/EUR has fallen by more than 2% since the end of December and GBP/USD…
Read more
›
Sterling enters the week bruised but still afloat after recent stress in the bond market. As UK gilts (government debt) enjoyed their best week from a yield perspective since July, GBP/EUR slid by almost 1% while GBP/USD trended…
Read more
›
