The euro has weakened this week as markets look for clarity around the impact of tariffs. Its losses remain marginal (only around half a cent to the pound and the US dollar since the start of the week),…
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Sterling came out of yesterday’s trading well, advancing by half a cent against the US dollar and hitting its best level in a week against the euro. Should Thursday’s by-election provide the scale of political shake up expected,…
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Two key political events on either side of the Atlantic have raised the temperature for the pound and the US dollar. Last night, it was President Trump’s State of the Union address to Congress that caught the attention…
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The US dollar weakened against a basket of rival currencies on Monday. A main factor in its recent slump has been the lack of clarity around tariffs. The president’s 15% workaround will last a maximum of 150 days,…
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Yesterday’s German Ifo business climate survey should put some wind in the euro’s sails. With that key datapoint reaching its highest level since August, the numbers suggest the German economy is growing at roughly 0.4% to start the…
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Sterling faces a tricky week this time out. Number 10 was unusually forceful in its language around American trade tariffs yesterday, which could well have an outsized impact on the UK economy. There’s also the little matter of…
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Donald Trump’s tariff agenda looks set to dominate another week in currency markets. Although sterling strengthened slightly against its main rivals to start the week, there was a sense that the latest twist in the trade war could…
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If the pound was the weather, it would be the weather in Britain since the start of the year. Distinctly soft and soggy, especially against the euro. However, this was not entirely unexpected. In our January to March…
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