USD: Fed Chair under mounting pressure

The dollar started the week sluggishly, trailing the euro by 0.5% on Monday. With Fed Chair Jerome Powell giving a speech this afternoon and US President Donald Trump looking for any chance to criticise the head of his central bank, there is a chance of another...


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EUR: Steady climb ahead of interest rate decision

The euro climbed nearly 0.5% on the dollar and 0.15% on the pound on Monday, starting another strong week for the EU currency. With an interest rate decision on Thursday that is largely expected to be a hold at 2.15%, it could be a steady week for the euro. EUR/USD...


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GBP: UK government borrowing leaps

The pound was ahead of the dollar on Monday but lagged behind the euro, continuing its second-place run of 2025. This morning’s news that UK government debt costs coming in £3bn higher than predicted could have a big impact on the pound today. GBP/USD past year 1 Min...


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