Sterling maintained its position at close to a six-month high against the euro and a 4½ year high on the US dollar. Sterling maintained its position at close to a six-month high against the euro and a 4½…
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The Federal Reserve has done the thing markets expected, and then somehow still made everyone nervous.
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Sterling has continued to look steady, helped along by a softer tone in the US dollar after the Fed decision.
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The euro has had a constructive backdrop from the landmark EU–India trade deal, which is the kind of strategic signal markets like to see as Europe tries to reduce its reliance on single partners
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Alongside the trade war and the Fed’s decision to hold rates steady, the US dollar is also suffering from the risk of a government shutdown by the end of this week.
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After weeks of chaos to begin 2026, the pound settled into something almost resembling calm yesterday. The pound to euro rate has ranged by a little under half a cent since Monday as the threat of American tariffs…
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Alongside the trade war and the Fed’s decision, the US dollar is also suffering from the risk of a government shutdown by the end of this week. Democrats and Republicans are currently negotiating over a politically charged funding…
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The euro was little moved against the pound on Tuesday. Thanks to a light schedule of economic data and some cautious commentary from the European Central Bank (ECB), there was little pricing impetus for the euro to move…
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