by Julian Benson | Apr 16, 2025
What a difference a week makes. Last Wednesday, I was writing to you about the plummeting pound in face of US president Donald Trump’s ever-increasing, ever-changing tariffs. We looked to be on the precipice of an economic event larger even than Truss and Kwarteng’s...
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by Julian Benson | Apr 16, 2025
Tuesday saw another day of climbs for the pound, seeing it end 0.45% up on the dollar and 0.37% on the euro. While the past month has been particularly punishing on sterling, it is now riding high on the dollar, approaching the highs of September 2024. The big UK news...
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by Julian Benson | Apr 16, 2025
The pound gained on both the dollar and the euro on Tuesday, up 0.45% on the former and 0.37% on the latter. For the third month in a row, UK inflation fell putting greater pressure on the Bank to cut interest rates. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...
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by Julian Benson | Apr 16, 2025
The euro climbed against the dollar again on Tuesday, though it couldn’t keep pace with the pound. The rise was powered by Trump’s hit of an exemption to automotive industry tariffs. European inflation data will be published this afternoon, which is predicted to show...
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by Julian Benson | Apr 16, 2025
The US dollar may have fallen behind the pound and the euro on Tuesday, but it featured none of the steep peaks and troughs of the previous week. However, later today, chair of the US Federal Reserve Jerome Powell will speak on the future of interest rate cuts in...
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