by Julian Benson | Jul 15, 2025
The pound sank to a three-week low on Monday, as Bank of England Governor Andrew Bailey revealed the two data points that would impact the pending interest rate decision: jobs and inflation. Figures for both are being published this week. GBP/USD past year 1 Min 5 Min...
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by Julian Benson | Jul 15, 2025
The pound fell to a three-week low on Monday, losing 0.17% against the dollar and twice that against the euro. Meanwhile, following the news that US President Donald Trump plans to implement a 30% tariff on EU imports, the euro grew more than 0.2% on the dollar. Bank...
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by Jonathan Cook | Jul 14, 2025
Sterling lost another cent to the euro last week after more disappointing growth figures showed the UK economy shrank for the second month on the spin. Just five weeks ago, the pound was nearly five cents stronger against the euro, which translates to thousands of...
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by Jonathan Cook | Jul 14, 2025
President Trump has ditched the carrot in favour of the stick. The European Union and Mexico were in his firing line over the weekend, but currency markets are used to his antics by this point. Whether the president does indeed “chicken out”, as the saying goes, will...
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by Jonathan Cook | Jul 14, 2025
European negotiators have taken a relaxed approach to trade talks. It now appears that strategy has backfired. Donald Trump’s 30% threat will add an added spice to ongoing discussions, but for the euro it also complicates the outlook after what has been an exceptional...
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