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USD: No clarity for dollar

There was no clear direction for the US dollar either yesterday, as it made good gains on the pound, euro and Swiss franc while treading water against most others. There’s little coming out of the USA today, but Monday’s first PMI readings since the start of tariffs...


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EUR: Euro on the slide

The single currency took a dive yesterday, with small losses against the pound but more hefty losses against most other currencies. It’s a relatively quiet end to the week, but we launch into next week with PMI across the board. EUR/USD past year 1 Min 5 Min 1 Hr 1...


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GBP: Mixed fortunes for sterling

No surprises from the Bank of England led to a mixed day for sterling, with a smallish boost against the euro, but losses against the US and Canadian dollars and Norwegian krone. The data continues next week with PMI on Monday and inflation on Wednesday. GBP/USD past...


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Hawkish Bank of England boosts pound against euro

A busy week on the currency markets has seen a blizzard of high-impact data and several interest rate decisions. The markets – and central banks – are clearly uncertain on the state of the global economy and whether to boost growth or bear down on inflation. In the...


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USD: Fed looms large

The US dollar regained some momentum on Wednesday as traders looked to Jerome Powell and co to make sense of the last few months. After last night’s decision, the next key date comes in early April when Trump’s latest batch of tariffs are schedule to come into place,...


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