EUR: Gains ahead of fresh tariffs

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 economic fallout of Trump’s latest levies. EUR/USD past year 1 Min 5...


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GBP: A rally against the freefall

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 hit the market. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk...


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Rally in the markets may be short-lived

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. The rally was caused by the news that the US...


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USD: Banks raise recession forecasts

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 a recession in the United States, to 45% and 60% respectively....


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EUR: The new safe haven?

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. GBP/EUR: the past year...


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