by Julian Benson | Apr 10, 2025
US president Donald Trump’s late-in-the-day U-turn had an immediate impact on the market on Wednesday evening. The euro, which had been strengthening through the week as traders looked for a safer place for their money, lost 0.9% against the pound and 0.7% against the...
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by Julian Benson | Apr 9, 2025
The impact of US president Donald Trump’s tariffs continue to be felt around the world. Stock markets have been in freefall, losing trillions of dollars in value. The pound has lost ground against both the dollar and the euro, down 3% against the EUR, a level not seen...
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by Julian Benson | Apr 9, 2025
While the dollar stopped its gains against the pound and euro on Tuesday, following a turnaround in the markets thanks to news of possible trade deals, today began with Trump’s “reciprocal” tariffs taking effect. It’s difficult to know what impact this second stage of...
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by Julian Benson | Apr 9, 2025
Of the euro, pound and dollar, Europe was the winner on Tuesday, up 0.4% on the GBP and 0.8% on USD. Today, that rally will contend with newly introduced tariffs on EU goods, as well as the global economic fallout of Trump’s latest levies. EUR/USD past year 1 Min 5...
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by Julian Benson | Apr 9, 2025
Tuesday saw the first gains against the dollar for the pound in days, leaving GBP up 0.3% on USD, though still 0.5% down on EUR. However, the rally may be short-lived as the impact of Trump’s larger tariffs hit the market. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk...
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