USD: Fears of a recession grow

While the dollar may be up ahead of Trump’s impending tariffs, record gold prices and shrinking stock markets suggest the market is simply investing in a safe haven currency. The threat of a recession is growing and labour data published later today may add to those...


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EUR: Little growth ahead of tariffs

The euro lost ground against the dollar as fears of Trump’s tariffs gripped the market. However, signs of increased retail sales and flat inflation may give the eurozone a little hope. EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...


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GBP: Double blow for the pound

The pound ended Monday flat against the euro and down against the dollar. UK markets are contending with both Trump’s tariffs and a flatlining housing market as Rachel Reeves’ October budget comes into force. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...


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Traders wait for tomorrow’s tariffs

After small rises against the euro and dollar early in the day, the pound dropped suddenly at the end of trading. As the markets closed on Monday, GBP was virtually flat against the EUR but down 0.31% on USD. US President Donald Trump’s impending trade tariffs, which...


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More uncertain times for sterling

More uncertain times for sterling

The pound reaches the end of the month around 1.25% down on the euro. The damage was done at the start of the month with a large drop in GBP/EUR after Germany’s new chancellor decided to ramp up its spending. Since then it’s been a slow and unsteady climb upwards for...


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