by Charles Purdy | Apr 4, 2025
“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 its lowest against the pound and euro since October, with USD/EUR having lost...
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by Julian Benson | Apr 3, 2025
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. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day 1 Wk...
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by Julian Benson | Apr 3, 2025
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 hard. EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1...
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by Julian Benson | Apr 3, 2025
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. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Apr 3, 2025
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 of threats and it is...
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