Following an initial hit on Monday morning, the euro rallied through the day, ending on a negligible loss against the dollar and 0.4% ahead of sterling. The markets may be responding to EU’s immediate and strong response to…
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Following Trump’s ad-hoc tariff announcement on Sunday, Monday saw a market in turmoil. After a day of ups and downs, the dollar ended ahead, 0.1% up on the euro and more than 0.45% up on the pound.
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After dire growth forecasts from the Bank of England last Thursday, sterling regained much of its lost ground against the dollar and euro by end of week. However, President Trump has already upset the markets this week with…
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The dollar ended Friday strong and surged on Monday morning, thanks to Trump’s tariff announcements. However, this week will see many countries respond to the US’s threats and it’s impossible to predict the impact.
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The euro couldn’t maintain its wins against the battered pound and continues to take knocks from the dollar. Growth data this week could spell further gloom if the release backs recent stagnation worries.
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The pound ended Friday having regained much lost ground against the dollar and euro after last week’s interest rate cut. However, upcoming UK growth data and the fallout of Trump’s new tariffs leave sterling in a volatile position.
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After dire growth forecasts from the Bank of England on Thursday, sterling regained much of its lost ground against the dollar and euro by end of week. However, President Trump has already upset the markets this week with…
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The dollar gained over the pound and euro, benefitting from the former’s poor growth forecasts. However, its gains may be due to traders looking to buy a safe haven currency in this tumultuous time. It’s unclear how the…
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