As tariff war eases, Europe and US show recovery

After boosts to the dollar on Monday driven by the news of an easing of tariffs with China, the currency slipped back on Tuesday. The pound and euro, which were neck-and-neck by day’s end, both gained more than 0.7% on USD. The main news out of the UK on Tuesday was a...


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USD: A step down from the tariff war

The dollar had another strong day after the US reached an agreement with China for both superpowers to reduce their tariffs against one another. The news saw significant investment in US stock markets, and the dollar saw gains of more than 0.8% on the pound and 1.2%...


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EUR: Downward slope continues

The euro continued the past week’s decline against the pound and the dollar, losing 0.3% against the former and nearly 1% against the latter. Though, later this morning Germany is predicted to publish a boost in economic sentiment that may show renewed confidence in...


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GBP: Employment data paints dismal picture

The pound had a middling Monday, gaining 0.3% on the euro but falling 0.7% against the dollar. This morning’s employment data shows continued staffing reductions following chancellor Rachel Reeves’ autumn budget ahead of Thursday’s GDP data. GBP/USD past year 1 Min 5...


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