Pound Sterling (GBP)

The British Pound is gaining momentum as economic factors, including growth expectations and changes in global financial conditions have helped. This trend is encouraging a more optimistic outlook, with some analysts suggesting that a continued upward movement may be possible as economic conditions evolve and market confidence improves.

Euro (EUR)

The Euro may face volatility due to upcoming economic data from the Eurozone. As the region navigates ongoing challenges, market sentiment remains cautious. While the Euro has shown resilience, uncertainties surrounding economic performance and fiscal policies could lead to fluctuations. Investors will be closely monitoring data releases for insights into the Eurozone’s economic outlook.

U.S. Dollar (USD)

The US Dollar has fallen to an 11-week low amid concerns about a slowing economy and trade tensions. Weaker-than-expected consumer confidence and worries about private consumption have led investors to anticipate interest rate cuts, putting pressure on the Dollar. Despite President Trump’s tariff threats, which would typically support the currency, they were not enough to offset economic concerns.