The dollar slipped against the pound and euro on Wednesday, as the shock of President Trump’s surprise copper tariff wore off. The President also announced fresh tariffs, including a 50% levy on Brazil unless it ends its investigations…
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The euro was flat against the pound on Wednesday and regained all of Tuesday’s losses against the dollar. German inflation data shows the country has, again, hit its 2% target, a marked difference from the US and UK.
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The pound was slightly up on the dollar on Wednesday, regaining most of Tuesday’s losses. The Bank of England announced looser regulations on mortgage lending to try and help first-time buyers access property.
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Following Tuesday’s boost to the dollar, driven by the uncertainty of US President Trump’s fresh tariff confusion, USD slipped back against the pound and euro on Wednesday. It was only a small loss of 0.15% but pronounced as…
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Today was supposed to see the end of US President Donald Trump’s 90-day trade tariff pause. But, with only one trade agreement officially signed off and implemented, that with the UK, the President saw fit to extend the…
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The dollar was up on both the pound and the euro as markets reacted to Trump’s tariff announcements. Alongside the announcement of national tariffs, now due to come into force on August 1, news of new major copper…
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The euro didn’t suffer as badly as the pound on Tuesday, but it was still down 0.15% on the dollar. However, growing noises from Brussels suggest the EU is going to sign a trade deal with the US…
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The pound lost ground against the dollar and euro on Tuesday, down 0.3% on USD and nearly 0.2% on EUR. With no major economic data releases until Friday, sterling is in sway to Trump’s ongoing tariff announcements.
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