USD: Tense week in the US with major news daily

The dollar was slightly ahead of the euro on Tuesday and only a hair behind the pound. The dollar is in a very vulnerable position this week as Trump’s tariff pause expires on August 1, today sees fresh GDP data and the Fed will announce its interest rate cut...


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EUR: Weak GDP data and a disputed trade deal

The euro trailed the pound and dollar on Tuesday by more than 0.2%. European politicians have criticised negotiators of the recent US trade deal, saying the deal is giving in to US bullying. GDP data due later today is also predicted to be relatively low. EUR/USD past...


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GBP: Ahead by a nose

The pound was a whisker ahead of the dollar on Tuesday and led the euro by 0.25%. While there was no significant news out of the UK to cause this lead, both the EU and US are publishing significant data throughout the week, which could explain the activity. GBP/USD...


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USD: Tariff victory by stealth

And just like that, the United States has agreed trade deals with every meaningful partner left on its list. Was this victory for President Trump? On the face of it the answer is yes, although recent events have given rise to a raft of structural challenges that may...


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