by Julian Benson | Feb 11, 2025
Sterling came out as the loser on Monday, down more than 0.45% on the dollar and 0.4% on the euro. Yesterday, the UK government refused to speculate on how it world respond to tariffs, providing little confidence to the markets. GBP/USD past year 1 Min 5 Min 1 Hr 1...
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by Julian Benson | Feb 11, 2025
The dollar led throughout Monday as the market reeled to respond to Trump’s fresh trade tariffs and ended up on both the euro and sterling. However, the EU’s strong response was rewarded by the markets, so the dollar’s lead may be temporary. USD/GBP past year 1 Min 5...
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by Julian Benson | Feb 11, 2025
Following an initial hit on Monday morning, the euro rallied through the day, ending on a negligible loss against the dollar and 0.4% ahead of sterling. The markets may be responding to EU’s immediate and strong response to Trump’s new tariffs. EUR/USD past year 1 Min...
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by Julian Benson | Feb 11, 2025
Following Trump’s ad-hoc tariff announcement on Sunday, Monday saw a market in turmoil. After a day of ups and downs, the dollar ended ahead, 0.1% up on the euro and more than 0.45% up on the pound. On Sunday evening, Trump announced 25% import tariffs on all US steel...
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by Charles Purdy | Feb 10, 2025
After dire growth forecasts from the Bank of England last Thursday, and an interest rate cut, sterling regained much of its lost ground against the dollar and euro by the end of week. This week, President Trump has already upset the markets with a newly announced...
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