The impact of US president Donald Trump’s tariffs continue to be felt around the world. Stock markets have been in freefall, losing trillions of dollars in value. The pound has lost ground against both the dollar and the…
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While the dollar stopped its gains against the pound and euro on Tuesday, following a turnaround in the markets thanks to news of possible trade deals, today began with Trump’s “reciprocal” tariffs taking effect. It’s difficult to know…
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Of the euro, pound and dollar, Europe was the winner on Tuesday, up 0.4% on the GBP and 0.8% on USD. Today, that rally will contend with newly introduced tariffs on EU goods, as well as the global…
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Tuesday saw the first gains against the dollar for the pound in days, leaving GBP up 0.3% on USD, though still 0.5% down on EUR. However, the rally may be short-lived as the impact of Trump’s larger tariffs…
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After three days of falls following the announcement of US president Donald Trump’s tariffs, Tuesday saw currencies and share prices rise at last. The euro came out strongest, up 0.8% on the dollar and 0.4% on the pound.
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The US dollar is holding its head above water for now, even as the economic picture crumbles around it. Two of the largest banks in the world – Goldman Sachs and JPMorgan – both raised their predictions of…
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Might the euro become the world’s next safe haven of choice? It’s certainly a possibility, according to Commerzbank, who report that major investors are looking into alternatives including the Japanese yen, the Swiss franc and possibly the euro.
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Keir Starmer’s attempts to clarify the government’s policies did not do much for the pound, but it did give us an insight into their plans. Based on the prime minister’s comments, minsters are willing to support strategic industries…
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