by Jonathan Cook | Jan 23, 2025
Improved risk sentiment helped ease the pressure on European currencies yesterday. A reduced threat of American trade tariffs (for Europe, at least) helped the euro build some momentum. The pound and the euro both advanced on the US dollar before seeing those gains...
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by Charles Purdy | Jan 22, 2025
The first full day of US trading since President Trump’s inauguration saw the dollar lose ground across the board. As well as a roughly 0.5% gain on the US dollar, the pound made small gains on the euro. However, new UK borrowing figures this morning have knocked it...
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by Julian Benson | Jan 22, 2025
After making gains on Tuesday, fresh data from the ONS knocked the pound back to earth. With no major new data to be released today, sterling’s position in the market is particularly volatile. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Jan 22, 2025
The euro benefitted from the easing of the dollar, but made little gain against other currencies. Later today, European Central Bank president Christine Lagarde will lay out how the eurozone plans to respond to increasing threats of a trade war. EUR/USD past year 1...
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by Julian Benson | Jan 22, 2025
The dollar lost ground against the pound and euro on Tuesday, ending weeks of rampant growth in anticipation of Trump’s inauguration. The president’s continued talk of trade tariffs has the potential to shake the market throughout the day. USD/GBP past year 1 Min 5...
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