Archive · 30 Jun 2025
Sterling Set for Biggest Quarterly Jump in Over Two Years
The British pound is having a good time, set for its best three months in a while compared to the U.S. dollar.
This is partly because the dollar isn't doing so well, and also because Britain and the U.S. made a trade deal.
The British economy is also growing.
Experts think the Bank of England might lower interest rates later this year.
Sterling is on track for its largest quarterly rise against the dollar in over two years.
The pound has gained about 6% against the U.S. dollar this quarter.
Optimism over a trade deal between the United States and Britain is helping the pound.
The British economy grew at its fastest pace in a year in the first three months of 2025.
Markets anticipate the Bank of England might cut interest rates by December.
- Who
- Investors and those trading in the currency market.
- What
- Sterling is experiencing a significant quarterly rise against the dollar.
- When
- June 30, reflecting trends in the first quarter of 2025.
- Where
- Global markets, with a focus on the U.S. and U.K.
- Why
- Due to a weaker dollar, optimism around a U.S.-U.K. trade deal, and positive economic growth in the U.K.
- Sterling Quarterly Gain
- Largest in over two years
- Pound vs. USD Gain (Quarterly)
- Approximately 6%
- Pound vs. USD Gain (6 Months)
- Over 9%
- U.K. Economic Growth (Q1 2025)
- Fastest pace in a year
- Bank of England Rate Cut
- Likely by December
