by Charles Purdy | Jan 22, 2025
The first full day of US trading since President Trump’s inauguration saw the dollar lose ground across the board. As well as a roughly 0.5% gain on the US dollar, the pound made small gains on the euro. However, new UK borrowing figures this morning have knocked it...
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by Julian Benson | Jan 22, 2025
After making gains on Tuesday, fresh data from the ONS knocked the pound back to earth. With no major new data to be released today, sterling’s position in the market is particularly volatile. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Jan 22, 2025
The euro benefitted from the easing of the dollar, but made little gain against other currencies. Later today, European Central Bank president Christine Lagarde will lay out how the eurozone plans to respond to increasing threats of a trade war. EUR/USD past year 1...
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by Julian Benson | Jan 22, 2025
The dollar lost ground against the pound and euro on Tuesday, ending weeks of rampant growth in anticipation of Trump’s inauguration. The president’s continued talk of trade tariffs has the potential to shake the market throughout the day. USD/GBP past year 1 Min 5...
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by Jonathan Cook | Jan 21, 2025
With US markets closed to mark MLK day, the US dollar was on the wrong end of some surprising restraint from the new president. As mentioned above, investors would be wise to strap themselves in for the next few years under a more powerful and unpredictable leader...
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