by Jonathan Cook | Feb 12, 2025
The seemingly invulnerable US dollar is starting to crack. It remains strong against its key rivals, yet a broad unwinding of bets on the United States economic resilience is a worry. Attention will now be heightened on economic data to gauge how justified those fears...
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by Jonathan Cook | Feb 12, 2025
The euro managed to push back against the US dollar despite ceding more ground to the pound yesterday. Over the course of Tuesday, EUR/USD climbed by half a cent, fuelled by US dollar weakness and a reassessment of Trump’s policies. GBP/EUR: the past year 1 Min 5 Min...
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by Jonathan Cook | Feb 12, 2025
A buoyant pound enjoyed a morale-boosting day of gains against the euro and the US dollar yesterday. The UK’s economic fundamentals are still shaky, however. Tomorrow’s GDP data could bring more evidence of this, and therefore renewed sterling weakness. GBP/USD: the...
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by Jonathan Cook | Feb 12, 2025
The skies brightened for the pound on Tuesday as market confidence in Donald Trump’s economic policies showed signs of weakening. In what has otherwise been a bleak February, sterling improved by the best part of a cent against the US dollar and GBP/EUR shaded into...
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by Julian Benson | Feb 11, 2025
Sterling came out as the loser on Monday, down more than 0.45% on the dollar and 0.4% on the euro. Yesterday, the UK government refused to speculate on how it world respond to tariffs, providing little confidence to the markets. GBP/USD past year 1 Min 5 Min 1 Hr 1...
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