by Julian Benson | Feb 25, 2025
Buoyed by the German election results, the euro started strong on Monday but fell behind the pound and dollar as traders realised the challenge new chancellor Friedrich Merz faces. His slim majority and coalition government may struggle to make meaningful change....
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by Julian Benson | Feb 25, 2025
The pound trailed the dollar and euro most of Monday before limping ahead of EUR by day’s end. However, a rise in the energy price cap and forecasts of decreased retail trading suggest volatility for sterling today. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...
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by Julian Benson | Feb 25, 2025
Although the euro started Monday strong thanks to the German election results, by day’s end it was losing ground to sterling and the dollar. The US currency recovered from Friday’s slump to end Monday 0.3% over the euro and 0.2% up on the pound. The pound started the...
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by Julian Benson | Feb 24, 2025
The euro has rallied after the German election results, climbing to a one-month high against the pound and dollar. Meanwhile, GBP benefitted from a slump in USD, after Wall Street investors expressed worries about US stagnation. The pound ended last week up on the...
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by Julian Benson | Feb 24, 2025
The dollar was down on the pound and euro this morning as the markets reacted to Wall Street worries. New survey data revealed investors fear US stagnation, leading to a 1.7% drop in the S&P 500. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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