Pound Sterling (GBP)

The British Pound has recently gained strength, driven by optimism surrounding a potential resolution to the conflict in Ukraine. This recovery has bolstered its position against both the Dollar and the Euro. Additionally, easing concerns over tariffs have further supported the Pound’s momentum. However, short-term fluctuations are expected due to upcoming economic data and geopolitical events. The overall outlook remains positive, depending on broader market conditions.

 Euro (EUR)

The Euro is expected to be volatile as markets react to upcoming economic data from the Eurozone, including reports on growth, inflation, and employment. These indicators will shape market sentiment regarding the region’s economic prospects and influence the Euro’s performance. Strong data could boost the currency, whereas weaker figures may lead to short-term declines.

U.S. Dollar (USD)

The U.S. Dollar has recently weakened, affected by easing concerns over tariffs and shifting geopolitical dynamics. Optimism regarding peace efforts in Ukraine has contributed to the Dollar’s decline, while markets have become less reactive to tariff-related news. As a result, the Dollar faces continued downward pressure despite upcoming economic data, with its overall weakness against currencies like the Euro and Pound remaining a key trend.