by Julian Benson | Apr 3, 2025
The dollar weakened in the face of euro and sterling, losing 1.4% against both currencies. Traders abandoned stocks in favour of safer harbours, such as gold, as they await to see the impact of Trump’s widespread tariffs. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day 1 Wk...
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by Julian Benson | Apr 3, 2025
While the euro is 1.4% up against the dollar, there are tough times ahead for the eurozone. On top of the 10% global tariff and 20% retaliatory tariff, a 25% increase in automotive imports will hit Germany particularly hard. EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1...
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by Julian Benson | Apr 3, 2025
Sterling’s climbed 1.4% against the dollar, reaching $1.31 for the first time since October. However, the impact of the 10% tariff and additional 10% retaliatory tariff will likely see UK growth downgraded. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Apr 3, 2025
Following US president Donald Trump’s announcement of a global tariff package on Wednesday evening, the dollar weakened against the pound and euro. USD is currently down 1.4% against both GBP and EUR. The president’s announcement came after weeks of threats and it is...
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by Julian Benson | Apr 2, 2025
The big story of this week continues to be US President Donald Trump’s tariffs. Dubbing today ‘Liberation Day’, Trump plans to reveal sweeping global import tariffs that hit any country that applies a tax to US products. Despite hopes for a carveout from Trump’s...
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