USD Slumps as Trump’s Tariffs Shake Global Currencies
Yesterday delivered major volatility across several currency pairs, with the USD at the center of much of the disruption. Following Donald Trump’s tariff announcement on Wednesday evening, U.S. equity markets […]
Tariff Countdown and Key Data Releases: FX Outlook for the Week Ahead
Last week was fairly calm on the currency front, despite notable events such as the UK Spring Statement. While the Statement itself didn’t create immediate volatility, it has set the […]
GBP Strengthens on Retail Sales Boost as Markets Await Key US Inflation Data
This morning, the British pound (GBP) has shown strength, breaking through the 1.20 barrier against the euro (EUR) and approaching 1.30 against the U.S. dollar (USD). This rise was fueled […]
UK Growth Downgrade and Sterling Rebounds
A quick recap on yesterday’s budget, with the main takeaways being that real GDP growth for 2025 has been downgraded to 1% (notably from 2%) from initial predictions in the […]
Trump’s Trade Chaos, Market Volatility, and a Data-Packed Week Ahead
Another week, another rollercoaster for the markets, driven yet again by Trump’s unpredictable trade policies and the continued fallout from geopolitical uncertainty. If you were hoping for some stability—think again. The U.S. administration has […]
GBP Weakens as Retail Sales Decline & Risk Sentiment Weighs on Markets
Tuesday has not got much to offer in terms of economic data releases. We did see at midnight UK retail sales monitor release a down grade for the retail sector […]
Dollar Weakness Continues Amid Tariff Uncertainty
The first week of March saw continued weakness in the U.S. Dollar, driven largely by ongoing uncertainty surrounding tariffs and the geopolitical situation in Ukraine. The tariff debate is unlikely […]
ECB Rate Cut Confirmed, USD Weakens Ahead of Key U.S. Jobs Data
ECB (European central bank) lowered their interest rates levels by 25 basis points yesterday down to a base rate of 2.5%. This did not come as a surprise, as markets […]
Sterling Drops as Euro Strengthens Ahead of ECB Decision & US Jobs Data
Pound Sterling suffered its biggest daily decline yesterday in five months, falling a total of 1.5% against The Euro this week. This was after the German government committed to multi-billion […]
USD Tumbles as Trade War Fears Rise
Trump and Tariffs are the themes of the market right now, and the backlash from these tariffs has sent The US Dollar tumbling across the board. The Dollar in general […]