by Julian Benson | Apr 9, 2025
After three days of falls following the announcement of US president Donald Trump’s tariffs, Tuesday saw currencies and share prices rise at last. The euro came out strongest, up 0.8% on the dollar and 0.4% on the pound. The rally was caused by the news that the US...
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by Jonathan Cook | Apr 8, 2025
The US dollar is holding its head above water for now, even as the economic picture crumbles around it. Two of the largest banks in the world – Goldman Sachs and JPMorgan – both raised their predictions of a recession in the United States, to 45% and 60% respectively....
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by Jonathan Cook | Apr 8, 2025
Might the euro become the world’s next safe haven of choice? It’s certainly a possibility, according to Commerzbank, who report that major investors are looking into alternatives including the Japanese yen, the Swiss franc and possibly the euro. GBP/EUR: the past year...
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by Jonathan Cook | Apr 8, 2025
Keir Starmer’s attempts to clarify the government’s policies did not do much for the pound, but it did give us an insight into their plans. Based on the prime minister’s comments, minsters are willing to support strategic industries but seem unlikely to conduct a...
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by Jonathan Cook | Apr 8, 2025
The pound had another rocky day on Monday as snowballing concerns over the impact of American trade tariffs rippled through currency markets. GBP/EUR lost half a cent from where it ended last week and paired that with an even greater fall of over 1% against the US...
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