Although the euro continues to fall against the dollar, the EU’s record low unemployment rate is putting it in a good position against the UK. However, rising inflation rates may cause stresses for eurozone governments but support the…
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Losing ground to the dollar, the pound is making a poor start to 2025. Weak growth and interest on long-term borrowing is putting the UK government in a difficult position.
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Unexpectedly strong US jobs data saw the dollar gain again on the pound and the euro. Meanwhile, poor UK industrial data saw GPB slip against EUR before recovering in the afternoon.
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With a capricious Donald Trump set to return to office, Monday gave us a potential preview of the next four years. In one tweet, the president-elect is able to change market direction, even if narratives have been well…
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GBP/EUR treaded water as both the pound and the euro made gains at the expense of the US dollar yesterday. While the euro could bask in its success, investors will be watching the Trump camp carefully for indications…
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GBP/USD recovered the losses it has recorded since the start of the year yesterday. Unlike the euro and the US dollar, sterling must wait until next Wednesday (15 Jan) for its first macroeconomic release of note, which comes…
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The euro had its best day in quite some time on Monday, fuelled largely by reports that US president-elect Donald Trump is considering softening his policy on trade tariffs. GBP/USD also advanced by more than half a cent…
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Over the Christmas and New Year period the pound has been stable against the euro, while dropping about 2% against the dollar since early December. The question for the start of this year is whether the pound will…
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