by Jonathan Cook | May 9, 2025
The euro lost significant ground against sterling and the dollar on Thursday. Weak trade figures out of Germany did little to help. With no new data being announced in the eurozone today, the currency is at the mercy of the markets. EUR/USD past year 1 Min 5 Min 1 Hr...
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by Jonathan Cook | May 9, 2025
Driven by a 0.25% interest rate cut and the announcement of a trade deal with the US, the pound had a good day against the euro. However, against the US dollar, sterling struggled, half a cent by day’s end. Bank of England governor Andrew Bailey is speaking later...
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by Jonathan Cook | May 9, 2025
It was another turbulent day for the pound, seeing big peaks and troughs against the US dollar and euro. Following an interest rate cut and the announcement of a trade deal with the United States, it ended half a cent higher against the euro and fell by a similar...
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by Jonathan Cook | May 8, 2025
The Federal Reserve has propped up the dollar in recent weeks, with markets believing that Jerome Powell and co are more intent on stemming inflation than fretting about labour dynamics. This cautious approach has allowed the US dollar to stabilise, even as the issue...
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by Jonathan Cook | May 8, 2025
Tuesday’s drama in the German Bundestag saw the euro fall against its peers. A quick resolution to that brewing crisis saw it recover just as quickly, as euro investors welcomed the coronation of a government committed to boosting infrastructure and defence spending....
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