by Christopher Nye | Apr 11, 2025
It’s a sea of red for the US dollar again this morning, with losses multiplying as money moves out of US stocks. The only real influence on the dollar right now is what’s coming out of the Oval Office, but eventually the impact of the current crisis on interest rates...
by Christopher Nye | Apr 11, 2025
Further strength since yesterday now takes the euro’s gains since the start of 2025 to more than 9% against the US dollar and Chinese yuan and 5% against the pound. It’s further bad news for European exporters, on top of tariffs. ECB President Christine Lagarde will...
by Christopher Nye | Apr 11, 2025
The falls continued for the pound, against the euro in particular, taking it down to a 16-month low. GBP/USD strengthened by 1% over the course of the day, however. With GDP just announced, we won’t have to wait long for more data – unemployment and earnings on...
by Charles Purdy | Apr 11, 2025
It was a mixed day for sterling yesterday, with more significant falls against the euro, yen, Swiss franc and others, but recovery against the US dollar and the commodity-backed currencies such as the Aussie dollar and Norwegian krone. Worries for anyone buying euros...
by Julian Benson | Apr 10, 2025
After a week of turmoil and trillions wiped off the stock market, Trump’s U-turn on tariffs sent the US markets rocketing. The dollar is nearly up 1% on the euro, a sign its freefall has ended. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
by Julian Benson | Apr 10, 2025
The euro strengthened significantly in the last week as traders looked for a safer currency, but Trump’s tariff U-turn has seen that swelling ease. EUR is down 0.8% against USD and 1.1% against the pound. Market futures suggest EU stocks are set to rally throughout...
by Julian Benson | Apr 10, 2025
After a week of losses, the pound has begun to gain on the euro and dollar. Sterling climbed nearly 1% on both currencies, although it’s still down overall from where it was this time last week. UK growth figures will be published tomorrow, though flat house prices...
by Julian Benson | Apr 10, 2025
US president Donald Trump’s late-in-the-day U-turn had an immediate impact on the market on Wednesday evening. The euro, which had been strengthening through the week as traders looked for a safer place for their money, lost 0.9% against the pound and 0.7% against the...
by Julian Benson | Apr 9, 2025
The impact of US president Donald Trump’s tariffs continue to be felt around the world. Stock markets have been in freefall, losing trillions of dollars in value. The pound has lost ground against both the dollar and the euro, down 3% against the EUR, a level not seen...
by Julian Benson | Apr 9, 2025
While the dollar stopped its gains against the pound and euro on Tuesday, following a turnaround in the markets thanks to news of possible trade deals, today began with Trump’s “reciprocal” tariffs taking effect. It’s difficult to know what impact this second stage of...
