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Global FX markets shifted in July as the USD gained on trade deals, the British pound climbed, and the Indian rupee weakened on tariff fears. Here’s what’s driving currencies now.
In May 2025, currency markets experienced notable fluctuations influenced by geopolitical developments, economic policies, and trade relations. The pound (GBP) and euro (EUR) were strong while U.S. dollar (USD) exhibited a weakening trend, while several other currencies demonstrated strength.
Deutsche Bank forecasts a significant weakening of the US dollar in the coming years, potentially reaching its lowest level against the euro in over a decade.
Recent U.S. trade policies, including aggressive tariffs on auto imports, have introduced significant volatility in global currency markets, affecting major currencies such as the euro, British pound, and Japanese yen.
The dollar has risen by nearly 20% against most currencies compared to this time last year.
Stronger AUD, USD, and GBP Against the Euro due to surprise French elections.
USD sinks as global currency markets react to slowing US inflation, prompting a surge in other major currencies and a potential end to the Federal Reserve's tightening cycle.
As we approach mid-year a shift has taken place in currency markets with the narrative less about interest rates hikes and more risk-off worries about a possible coming recession.
During periods of rising inflation a stronger currency benefits a country's economics as this makes imports cheaper.
Any curbs to Russian access to its foreign reserves could present a bigger blow to the Russian economy than the impact of a ban on Swift.
Fears Chinese mega developer Evergrande’s collapse will spark a contagion event and the ongoing European gas crisis has hit confidence.
In this article we show you how to save money if you find yourself looking for Foreign Cash in London.
In this article we show you how to save money if you find yourself looking for Foreign Cash in Birmingham.
In this article we show you how to save money if you find yourself looking for Foreign Cash in Glasgow.
In this article we show you how to save money if you find yourself looking for Foreign Cash in Manchester.
Guernsey is a small island in the English Channel, between England and France. It is a British Crown dependency and has its own government, but it is not part of the United Kingdom. Here are a few travel tips and things to see when visiting Guerns...
The Isle of Man is a small island nation located in the Irish Sea between Great Britain and Ireland. The island is known for its beautiful scenery, friendly people, and relaxed lifestyle. The Isle of Man is a popular destination for travelers and ...
For travelers, Jersey is a great destination for its beaches, hiking, and scenic views. For expats, Jersey is an ideal place to live because of its low cost of living, friendly people, and great quality of life.
South Georgia and the South Sandwich Islands are a British Overseas Territory located in the South Atlantic Ocean. The islands are uninhabited, except for a small number of scientists and support staff who are based there during the summer months....
The United Kingdom (UK) is a vibrant destination brimming with historical landmarks, modern attractions, and diverse cultural experiences. To make the most of your trip, here are essential tips for navigating the UK like a pro.
The CAD to GBP exchange rate has been showing significant movement recently, influenced by both commodity price fluctuations and macroeconomic conditions.
The Australian dollar (AUD) has experienced significant fluctuations and challenges in the past month, largely influenced by developments in both domestic and global markets.
The exchange rate between the euro (EUR) and the British pound (GBP) stands at 0.8647, which is approximately 1.3% higher than its three-month average of 0.8536.
The British pound (GBP) concluded July on a challenging note, marking its worst monthly performance in nearly two years.
In recent months, the British pound (GBP) has faced considerable pressure, culminating in July’s performance, which marked its worst monthly decline in nearly two years.
The GBP to XCD exchange rate has been under pressure recently, with the British pound concluding July at a low point, marking its most significant monthly...
The recent forecast for the GBP to XAF exchange rate highlights a challenging outlook for the pound amid economic difficulties in the UK.
The GBP to WST exchange rate has recently faced significant downward pressure, reflecting broader concerns about the UK’s economic outlook.
The GBP to VND exchange rate has recently shown significant weakness, with the pound trading at 60-day lows around 34,590 VND, which is approximately 1.5%...
The recent performance of the British pound (GBP) against the Taiwanese dollar (TWD) has seen significant volatility, primarily influenced by economic...
Recent forecasts and market updates indicate a challenging outlook for the GBP to TRY exchange rate.
The GBP to THB exchange rate has demonstrated notable weakness recently, particularly as the pound (GBP) concluded July with its steepest monthly drop in nearly two years.
The GBP to SGD exchange rate has recently been impacted by a confluence of factors leading to notable price volatility.
The GBP to SEK exchange rate has shown a stable performance, currently positioned at 12.93, which aligns with its three-month average and has fluctuated...
The GBP to SAR exchange rate is currently experiencing downward pressure, recently hitting 60-day lows around 4.9528, which is 2.0% below its three-month average of 5.0515.
The GBP to RUB exchange rate has been shaped by several recent economic developments and market sentiments.
The GBP to QAR exchange rate has recently experienced significant downward pressure, with the pound trading at 60-day lows near 4.8079, which is 2.0% lower...
The GBP to PLN exchange rate has experienced notable fluctuations in recent months, influenced by various economic and political factors affecting both currencies.
The GBP to PKR exchange rate has recently reached 60-day lows near 374.4, reflecting a decline of 1.8% from the three-month average of 381.2.
The GBP to PHP exchange rate has faced significant fluctuations over the past two months, particularly towards the end of July, when the British pound...
The GBP to OMR exchange rate has recently reached 60-day lows near 0.5077, which is approximately 2.0% below its 3-month average of 0.5179.
The GBP to NZD exchange rate has shown recent volatility, with the British pound (GBP) facing downward pressure due to ongoing concerns regarding the UK's...
The GBP to NOK exchange rate has recently seen notable fluctuations, reflecting broader economic sentiments and market trends surrounding both currencies.
Recent forecasts for the GBP to NGN exchange rate indicate a challenging period for the British pound, which concluded July on a notably low note.
The recent performance of the British pound (GBP) against the Malaysian ringgit (MYR) has been influenced by a complex mix of economic conditions, political...
The GBP to MXN exchange rate has been under pressure recently, with analysts noting that the pound (GBP) ended July on a low, marking its worst monthly...
The GBP/JPY exchange rate has recently shown signs of volatility, reaching 7-day highs near 199.2, which is 1.6% higher than its 3-month average of 196.1.
The recent performance of the GBP to INR exchange rate has reflected ongoing challenges for both the British pound and the Indian rupee.
The GBP to ILS exchange rate has recently faced significant headwinds that suggest a challenging outlook for the near future.
The recent performance of the British Pound (GBP) against the Indonesian Rupiah (IDR) highlights significant challenges faced by both currencies.
In recent months, the GBP to HUF exchange rate has faced downward pressure, particularly as the British pound concluded July with one of its worst monthly...
The GBP to HKD exchange rate is currently under significant pressure, reflecting the broader trends observed in both currencies over the past two months.
The GBP to EUR exchange rate has experienced notable fluctuations recently, with the pound trending downward due to mounting concerns regarding the UK's fiscal health.
The GBP to DKK exchange rate has recently shown signs of weakness, with the British pound (GBP) ending July at 8.6325 DKK, approximately 1.3% below its...
The British pound (GBP) has experienced significant declines, concluding July with its worst monthly performance in nearly two years.
Recent analysis indicates that the GBP to CNY exchange rate has come under significant pressure.
The GBP to CLP exchange rate has experienced notable fluctuations recently, with the pound ending July on a low after enduring its worst monthly performance in nearly two years.
The GBP to CHF exchange rate has recently been under significant pressure, reflecting broader economic and political challenges impacting the British pound (GBP).
The recent exchange rate performance of the British pound (GBP) against the Canadian dollar (CAD) has been notable, particularly as the GBP reached a 90-day...
The GBP to BRL exchange rate has recently shown significant volatility, reflecting underlying economic and political factors influencing both currencies.
The recent performance of the GBP to AUD exchange rate highlights ongoing challenges for both currencies.
The GBP has recently faced significant downward pressure, particularly at the end of July, marking its worst monthly performance in nearly two years.
Recent forecasts for the GBP to USD exchange rate highlight a challenging outlook for the British pound, as it concluded July on a notably low trajectory.
The USD to GBP exchange rate has recently reached 60-day highs near 0.7574, reflecting a strong performance that is approximately 2.0% above its 3-month average of 0.7426.
The exchange rate forecast for the Saudi Riyal (SAR) to British Pound (GBP) is currently influenced by several key factors.
The PLN to GBP exchange rate has seen notable activity recently, with the Polish zloty (PLN) exhibiting weakness due to several economic factors.
Recent forecasts for the HKD to GBP exchange rate highlight a mixed outlook influenced by both local and external economic factors.
Recent forecasts indicate a cautious outlook for the CHF to GBP exchange rate amidst ongoing geopolitical tensions and economic variances between...
Recent analysts' forecasts and currency market updates highlight a mixed outlook for the AED to GBP exchange rate, reflecting underlying economic conditions...
The New Zealand dollar (NZD) has recently gained traction, supported by a risk-on market environment.
Recent forecasts for the MYR to GBP exchange rate reflect a complex interplay of geopolitical and economic factors affecting both currencies.
The recent exchange rate forecasts for the Indian Rupee (INR) against the British Pound (GBP) highlight a complex interplay of factors influencing both currencies.
The SGD to GBP exchange rate has recently registered a notable peak, currently at 60-day highs near 0.5815, which is approximately 0.9% above its three-month average of 0.5765.