by Julian Benson | Sep 3, 2025
It’s been a whirlwind week for currency since I last wrote to you. After President Donald Trump attempted to fire Federal Reserve Governor Lisa Cook, threatening the independence of the US central bank, the dollar ended the week significantly down on the pound and...
read more
by Julian Benson | Sep 3, 2025
While the dollar held its value as the pound and euro struggled on Tuesday, ending the day 1.1% up on sterling and 0.6% on the euro, drops in the stock market show traders weren’t immune to what was happening over the Atlantic. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day...
read more
by Julian Benson | Sep 3, 2025
Although it didn’t fall as far as the pound, the euro was still down 0.6% on the dollar by the end of Tuesday’s trading. The increase in bond prices in the EU will put immense pressure on the French government’s confidence vote next week. EUR/USD past year 1 Min 5 Min...
read more
by Julian Benson | Sep 3, 2025
The pound plunged in value against the dollar and euro on Tuesday, losing more than 1% on the former and 0.6% on the latter. The cost of servicing UK long-term debt hit its highest level since 1998, suggesting Rachel Reeves will have to raise taxes and cut spending in...
read more
by Julian Benson | Sep 3, 2025
In a dramatic day for the pound, a rise in bond prices saw confidence in sterling evaporate. GBP ended Tuesday down more than 1.1% on the dollar and nearly 0.6% on the euro. However, over the channel, a similarly stressed bonds market saw EUR fall more than 0.5% on...
read more
