As confusion mounts around US President Donald Trump’s tariff plans, the dollar saw gains over the pound and euro. Growing nearly 0.2% on the euro and over 0.3% on the pound, the dollar regained some of its losses…
Read more
›
Scott Bessant said on Monday he would make “several announcements” over the next 48 hours. The US dollar will be materially affected by the contents of those announcements, as well as just how significant they prove to be…
Read more
›
Like an ill-prepared university student, the eurozone finds itself scrambling to get a major piece of work over the line before a looming deadline. But is the deadline tomorrow or in fact several weeks from now? The fact…
Read more
›
Sterling made a solid start to the week after several days of unease last time out. Even so, the pound dipped substantially against its rivals last week, and the prospect of a key GDP release to round out…
Read more
›
Currency markets made a sluggish, risk-off start to the new week as questions swirled around the US tariff negotiating deadline. After previously suggesting Wednesday (9 July) was a firm deadline, treasury secretary Scott Bessant gave the strongest indication…
Read more
›
The pound weakened by over a cent against the euro over the course of last week, with events coming to a head on a remarkable Wednesday.
Read more
›
June was a hugely successful time for the euro, which surged by almost five cents against its key rivals the pound and the US dollar. July immediately begins with the risk of trade, but the euro can take…
Read more
›
Last week’s sharp increase in gilt yields (plus the additional spending that came with the revised welfare bill) has stretched the government’s budget to breaking point. In lieu of tax cuts, the only real solution for the government…
Read more
›
