GBP/USD surges during Thursday’s North American session as following the release of a benign US inflation report and a “hawkish” rate cut by the Bank of England (BoE).

While physical qubit counts grab headlines, the real breakthroughs are expected from fidelity, logical qubits and scalable architectures.

Echoing the strong run in foreign equities in 2025, bond markets ex-US are also having a good year.