It’s a sea of red for the US dollar again this morning, with losses multiplying as money moves out of US stocks. The only real influence on the dollar right now is what’s coming out of the Oval…
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Further strength since yesterday now takes the euro’s gains since the start of 2025 to more than 9% against the US dollar and Chinese yuan and 5% against the pound. It’s further bad news for European exporters, on…
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The falls continued for the pound, against the euro in particular, taking it down to a 16-month low. GBP/USD strengthened by 1% over the course of the day, however. With GDP just announced, we won’t have to wait…
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It was a mixed day for sterling yesterday, with more significant falls against the euro, yen, Swiss franc and others, but recovery against the US dollar and the commodity-backed currencies such as the Aussie dollar and Norwegian krone.…
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After a week of turmoil and trillions wiped off the stock market, Trump’s U-turn on tariffs sent the US markets rocketing. The dollar is nearly up 1% on the euro, a sign its freefall has ended.
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The euro strengthened significantly in the last week as traders looked for a safer currency, but Trump’s tariff U-turn has seen that swelling ease. EUR is down 0.8% against USD and 1.1% against the pound. Market futures suggest…
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After a week of losses, the pound has begun to gain on the euro and dollar. Sterling climbed nearly 1% on both currencies, although it’s still down overall from where it was this time last week. UK growth…
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US president Donald Trump’s late-in-the-day U-turn had an immediate impact on the market on Wednesday evening. The euro, which had been strengthening through the week as traders looked for a safer place for their money, lost 0.9% against…
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