Following a relaxing of tariffs on Europe last month and an agreement between the US and China on Monday to lower their levies against one another, there have been reversals on much of the damage caused by US…
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While the dollar lost the momentum of its Monday bounce, ending 0.7% down on both the euro and pound, the US stock market showed a recovery. Following US president Donald Trump’s agreement to reduce tariffs on China, the…
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The euro climbed against the dollar, gaining 0.7% on USD and ending the day neck-and-neck with the pound. An economic survey revealed a huge swing in German economic sentiment, reversing a two-year low in April and returning to…
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The pound spent Tuesday climbing against the dollar, ending 0.7% up on USD. This was despite Office for National Statistics numbers showing a diminished jobs market and forecasts of slowing GDP growth.
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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…
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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…
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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…
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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.
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