Pound returns to form as US inflation falls

Sterling recorded a small daily advance against the euro and a slightly larger one against the US dollar yesterday, a day when Europe’s politicians took aggressive countermeasures against American trade tariffs. UK prime minister Keir Starmer took a less...


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Tit for tat trade war hits the UK

Tit for tat trade war hits the UK

Trump’s tariff trade war went worldwide last night as his global tariffs on aluminium and steel imports kicked into gear. The export duties immediately saw declines in the pound and euro, which had been enjoying gains earlier in the week. While the immediate loser...


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USD: A day of ups and downs

The dollar ended Tuesday just behind the pound and euro as the markets were left reeling by Trump’s uncommitted and capricious approach to tariffs. USD lost ground in the morning and regained it in the evening as he flip flopped on his plans. USD/GBP past year 1 Min 5...


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EUR: Takes a big hit, retaliation planned

The euro spent most of Tuesday far ahead of the pound and dollar, but those gains were eroded the clock on US tariffs ran out. Ursula von der Leyen has come out swinging, however, announcing €26bn in retaliatory levies. EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...


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GBP: Absorbing tariffs

After ending Tuesday firmly ahead of the dollar, the pound has started to lose its recent gains as global US tariffs come into effect. Trump’s on-again, off-again style means there is great volatility in the market. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...


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