EUR: On-target inflation and tariffs cost the euro

The euro lost out on Tuesday, falling 0.5% against the dollar and 0.25% against the pound. Those climbs could be driven by traders moving to anticipate a US interest rate hold, and the impact of Trump’s proposed 30% trade tariff on the EU. EUR/USD past year 1 Min 5...


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GBP: Interest rate cut looks unlikely

Tuesday saw the pound climb on 0.25% on the euro but lag a similar amount behind the dollar. Hopes for an August interest rate cut were slashed this morning by an unexpected rise in inflation. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...


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EUR: Shock at US trade tariff

The euro gained on both the dollar and pound on Monday, driven by Trump’s plan to impose a 30% trade tariff on the EU. While European stock markets fell, it seems traders sought safety in hard currency, pushing the euro up more than 0.2% on the dollar and nearly...


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