by Julian Benson | Apr 2, 2025
The big story of this week continues to be US President Donald Trump’s tariffs. Dubbing today ‘Liberation Day’, Trump plans to reveal sweeping global import tariffs that hit any country that applies a tax to US products. Despite hopes for a carveout from Trump’s...
by Julian Benson | Apr 2, 2025
The dollar was very slightly up on the pound and euro on Tuesday as the markets await today’s tariff announcements. In fuel for the Trumpcession fears, US job openings were down in February and the manufacturing industry is contracting. USD/GBP past year 1 Min 5 Min 1...
by Julian Benson | Apr 2, 2025
The euro ended Tuesday slightly down on the pound and the dollar as the market prepares for Trump’s tariffs. While the President says the tariffs are global, he has singled out the EU as an intended target. EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
by Julian Benson | Apr 2, 2025
The pound recovered from a dip against the euro and dollar, ending Tuesday roughly where it started. With no major new data releases planned for this week, starling is at the mercy of Trump’s tariffs. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
by Julian Benson | Apr 2, 2025
After dipping against the euro and dollar on Tuesday morning, the pound recovered and ended the day largely level with both currencies. Today could see that all change as US President Donald Trump unveils his ‘Liberation Day’ tariffs. Despite hopes for a carveout from...
by Julian Benson | Apr 1, 2025
While the dollar may be up ahead of Trump’s impending tariffs, record gold prices and shrinking stock markets suggest the market is simply investing in a safe haven currency. The threat of a recession is growing and labour data published later today may add to those...
by Julian Benson | Apr 1, 2025
The euro lost ground against the dollar as fears of Trump’s tariffs gripped the market. However, signs of increased retail sales and flat inflation may give the eurozone a little hope. EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
by Julian Benson | Apr 1, 2025
The pound ended Monday flat against the euro and down against the dollar. UK markets are contending with both Trump’s tariffs and a flatlining housing market as Rachel Reeves’ October budget comes into force. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
by Julian Benson | Apr 1, 2025
After small rises against the euro and dollar early in the day, the pound dropped suddenly at the end of trading. As the markets closed on Monday, GBP was virtually flat against the EUR but down 0.31% on USD. US President Donald Trump’s impending trade tariffs, which...
by Charles Purdy | Mar 31, 2025
The pound reaches the end of the month around 1.25% down on the euro. The damage was done at the start of the month with a large drop in GBP/EUR after Germany’s new chancellor decided to ramp up its spending. Since then it’s been a slow and unsteady climb upwards for...
