by Jonathan Cook | Apr 24, 2025
After the release of manufacturing data, focus will now shift to the German Ifo business indicator to dictate the euro’s next move. Tariffs are likely to feature prominently in the survey, with many businesses uncertain of where to move next in light of all the...
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by Jonathan Cook | Apr 24, 2025
Even as the public finances creak, the pound at least enjoyed a broadly stable day on Wednesday. Minor losses to the US dollar were mainly the result of external factors, but the pound still has a fight on to convince currency markets it can keep up with the...
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by Jonathan Cook | Apr 24, 2025
Sterling and the euro both sought to stem losses from a US dollar fightback on Wednesday, which came in reaction to two significant concessions from President Donald Trump. First, Trump walked back comments about Federal Reserve chair Jerome Powell, before opening the...
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by Julian Benson | Apr 23, 2025
While the immediate turmoil caused by US president Donald Trump’s inconsistent tariff policies may be over, the week began with the dollar in steady decline against a basket of currencies. USD hit a three-year low and US stocks were slumping along with it. The...
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by Julian Benson | Apr 23, 2025
After the dollar hit three-year lows against a basket of other currencies, US president Donald Trump backtracked on his attacks of US Federal Reserve chair Jerome Powell. His reversal saw the dollar begin to stabilise and regain ground 0.5% against the pound and 1.1%...
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