by Julian Benson | Feb 10, 2025
The pound ended Friday having regained much lost ground against the dollar and euro after last week’s interest rate cut. However, upcoming UK growth data and the fallout of Trump’s new tariffs leave sterling in a volatile position. GBP/USD past year 1 Min 5 Min 1 Hr 1...
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by Julian Benson | Feb 10, 2025
After dire growth forecasts from the Bank of England on Thursday, sterling regained much of its lost ground against the dollar and euro by end of week. However, President Trump has already upset the markets this week with a newly announced round of tariffs. Unlike...
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by Julian Benson | Feb 7, 2025
The dollar gained over the pound and euro, benefitting from the former’s poor growth forecasts. However, its gains may be due to traders looking to buy a safe haven currency in this tumultuous time. It’s unclear how the markets will react to a predicted slump in new...
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by Julian Benson | Feb 7, 2025
The euro grew against the pound following the BoE’s damning assessment, but it continued to lose ground to the dollar. It’s unclear how the markets will respond to this morning’s German Balance of Trade data, which may increase threats of US tariffs. EUR/USD past year...
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by Julian Benson | Feb 7, 2025
The pound steeply fell against the dollar and euro following an interest rate cut and a damning indictment of UK growth from the Bank of England. It regained some losses through the day but closed weakened against USD and EUR. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day...
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