USD: Above predicted growth

The dollar is riding high, picking up 0.6% on the euro and more than 0.75% on the pound. The surprise announcement that GDP was growing at a rate of 3.8%, much higher than forecast, drove these gains. However, the good news makes the Fed’s next interest rate cut...


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EUR: Middle road taken ahead of inflation data

The euro took the middle path on Thursday, lagging the dollar by 0.6%, but gaining 0.15% on the pound. The relative calm came from a lack of major data releases. However, next week, inflation reports will reveal the state of the eurozone economy. EUR/USD past year 1...


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GBP: Debt costs rising as creditors lose interest

It was a bad day for sterling, with the pound losing 0.15% against the euro and 0.75% against the dollar. The government struggled to sell bonds, showing creditors are losing patience with the state and future of the UK economy. GBP/USD past year 1 Min 5 Min 1 Hr 1...


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USD: Dollar gains point to uncertainty

The dollar led Wednesday, gaining 0.5% on the euro and nearly 0.4% on the pound. However, there was no clear reason for the gain, suggesting it was driven by market uncertainty. New GDP data this afternoon will paint a clearer picture of the US economy. USD/GBP past...


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