Sterling weakened almost every major currency except for the US dollar yesterday, most notably against the euro and yen. This morning we will be hearing the final result for construction PMI. Monday will kick off with the Halifax…
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“Liberation Day” Plus One was not a happy day for anyone with dollars to sell, as USD sank by close to 2% against the euro and yen, and even more against the Swiss franc. The dollar is at…
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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.
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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…
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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.
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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…
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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.
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The dollar was very slightly up on the pound and euro on Tuesday as the markets await today’s tariff announcements. In fuel for the Trumpcession fears, US job openings were down in February and the manufacturing industry is…
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