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Sterling jumped after the BoE cut rates, defying the textbook. Meanwhile, Trump’s Fed pick Stephen Miran could tilt U.S. policy toward more cuts and a weaker dollar.
Aug 8, 2025
The BoE just cut rates... but the pound bounced. Why? And what’s next for GBP/USD?
Stephen Miran’s nomination isn’t just filling a seat it could fast-track Trump’s push for aggressive rate cuts and a weaker dollar. Here’s what you need to know and why it matters.
EUR/USD is climbing as rate cut bets soar and August seasonality may be fueling the move. Meanwhile, learn how currency pegs work, why countries use them and how to spot when they're about to explode.
Aug 7, 2025