by Julian Benson | Aug 21, 2025
After a month of declines, the euro regained significant ground yesterday. It climbed 0.1% on the dollar and more than 0.5% on the pound, undoing more than half of the previous month’s losses. New EU manufacturing and services data later today may upset its momentum,...
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by Julian Benson | Aug 21, 2025
The pound was down significantly against its competitors on Wednesday, falling more than 0.4% against the dollar and more than 0.5% on the euro. However, the dips in currency don’t reflect the stock market where the FTSE 100 hit an all-time high. GBP/USD past year 1...
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by Julian Benson | Aug 21, 2025
It was a bad day for the pound on Wednesday. Following an above-expected rise in UK inflation, the dollar gaining more than 0.4% percent and the euro over 0.5% on sterling. UK inflation rose to 3.8% in July, driven by increases in fuel prices and the cost of food....
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by Julian Benson | Aug 20, 2025
A week can bring significant changes that can flip the script on currency markets. The euro, which has been on the ascendant all year, is now beginning to fall. The drive of this shift is the dramatic pace change in negotiations between Ukraine and Russia, with US...
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by Julian Benson | Aug 20, 2025
The dollar led the pound and euro on Tuesday, slightly ahead of GBP and 0.25% ahead of EUR. There were no major data releases to drive these gains, but on Friday a speech by Fed Chair Jerome Powell may provide clarity on future interest rate cuts. USD/GBP past year 1...
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