The dollar fell yesterday afternoon but has found some support this morning as the US-China trade war intensifies. China retaliated to the US’s tariff hikes with taxes of its own. It announced plans to hike tariffs on American…
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The markets are expecting a good day ahead for the euro, with a number of positive economic figures forecasted. Already this morning, German inflation came in at 2%, as predicted, up from an eleven-month low of 1.3%. German…
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The pound has weakened this morning as the Prime Minister’s chief Brexit negotiator, Olly Robbins, travels to Brussels to discuss the possibility of changes to the political declaration. It has been a key demand of Labour negotiators that…
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There’s still plenty of uncertainty around Brexit, and it’s reflected in the pound’s relative weakness against the euro this morning, as chief Brexit negotiator Olly Robbins travels to Brussels. He will attempt to get European leaders on his…
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The dollar weakened further on Friday afternoon and has fallen today, as China and the US pursued talks to try to salvage a trade deal. However, President Trump said that he was in “no rush” to finalise a…
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The euro was strong on Friday and is set to remain in a good position this week. This comes as any possible escalation in trade talks between the US and China could result in US interest rates being…
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The pound remained mostly unchanged on Friday as the GDP data figures came in as forecast. The economy grew by 0.5% in the last quarter and 1.8% year-on-year.
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Cross-party talks between the government and the Labour party continue today. It remains unclear as to whether any real progress has been made, and the pound is mostly unchanged as a result.
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