by Jonathan Cook | Apr 24, 2025
Sterling and the euro both sought to stem losses from a US dollar fightback on Wednesday, which came in reaction to two significant concessions from President Donald Trump. First, Trump walked back comments about Federal Reserve chair Jerome Powell, before opening the...
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by Julian Benson | Apr 23, 2025
While the immediate turmoil caused by US president Donald Trump’s inconsistent tariff policies may be over, the week began with the dollar in steady decline against a basket of currencies. USD hit a three-year low and US stocks were slumping along with it. The...
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by Julian Benson | Apr 23, 2025
After the dollar hit three-year lows against a basket of other currencies, US president Donald Trump backtracked on his attacks of US Federal Reserve chair Jerome Powell. His reversal saw the dollar begin to stabilise and regain ground 0.5% against the pound and 1.1%...
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by Julian Benson | Apr 23, 2025
After making gains against the declining dollar, yesterday saw the euro lose more than 1% on USD and 0.5% on sterling. German manufacturing data due for release later this morning is forecast to dip and yesterday saw the IMF downgrade global growth. EUR/USD past year...
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by Julian Benson | Apr 23, 2025
The pound’s 13-day streak of rises on the dollar has ended but it has begun to retake lost ground against the euro. Against a backdrop of shrinking growth forecasts and declining industry sales, Rachel Reeves is in Washington to sign a trade deal with Trump’s team....
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