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USD: Dollar enjoys boost from tariff confusion

The dollar was up on both the pound and the euro as markets reacted to Trump’s tariff announcements. Alongside the announcement of national tariffs, now due to come into force on August 1, news of new major copper and drug levies sent traders racing to secure stocks...


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EUR: Damaging trade deal looms

The euro didn’t suffer as badly as the pound on Tuesday, but it was still down 0.15% on the dollar. However, growing noises from Brussels suggest the EU is going to sign a trade deal with the US that locks in worse terms than those received by the UK, despite its...


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USD: Several announcements

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 for the economy. EUR/USD: the past year 1 Min...


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