Currency Updates

Dollar bounces back on trade war jitters


ollar bounces back on trade war jitters. Trump's erratic behaviour in meetings with European leaders. UK White Paper calms fears over Brexit approach.

Written by

Enrique Díaz-Álvarez


Trump threatens UK-US trade deal if May follows through on her Brexit plan. The UK White Paper released yesterday set out plans for a ‘soft Brexit’ approach.
Matthew Ryan 13 Jul 2018

Pound firms against Euro ahead of UK’s Brexit blueprint release while US Dollar continues to benefit from trade war worries as investors flock to safe havens.
Matthew Ryan 12 Jul 2018

Trump threatens China, again, threatening to impose a 10% levy on another $200bn worth of Chinese goods. China vows to fight back.
Enrique Díaz-Álvarez 11 Jul 2018

Sterling at 4-month low as key ministers resign. The departure of British Brexit Secretary was closely followed by that of Foreign Secretary Boris Johnson, causing GBP/EUR to dip by 1%.
Enrique Díaz-Álvarez 10 Jul 2018

Dollar sells off on risk-on market mood. Increased risk appetite caused every major currency to rally against Dollar, with Mexican Peso being the biggest winner.
Enrique Díaz-Álvarez 9 Jul 2018

Euro jumped on the back of strong industrial production data from Germany. The most important release today will be US job market data for June.
Enrique Díaz-Álvarez 6 Jul 2018

EUR/USD stays within a narrow range. Chinese Yuan continued to recover from 11 month lows, supported by a weaker Dollar and positive rhetoric from the PBoC.
Enrique Díaz-Álvarez 5 Jul 2018

EUR/USD rises and regains some of its recent losses. Sterling rebounds on the back of a slightly weaker Dollar and ends the day where it began the week.
Enrique Díaz-Álvarez 4 Jul 2018

Dollar soars, pressure on EM currencies increases as investors continue to flee from risky assets. Merkel and Seehofer agree on migration, Euro steadies.
Enrique Díaz-Álvarez 3 Jul 2018

Euro stabilises as political news takes a turn for the better, with news of an agreement over migration policy in Germany supporting the common currency.
Enrique Díaz-Álvarez 2 Jul 2018

Euro gains as EU leaders reach migration agreement, which will include the setting up of migrant centres in EU countries on a voluntary basis.
Matthew Ryan 29 Jun 2018

US Dollar nears one year high as trade war saga drags on, with no end in sight. Carney warns Brexit no deal will cause turmoil for the UK.
Matthew Ryan 28 Jun 2018

Sterling slips on dovish Bank of England comments, as newly appointed member Haskel states uncertainty over Brexit negotiations.
Matthew Ryan 27 Jun 2018

Trade concerns continue to weigh heavily on Dollar, mixed messages from the US keeping markets guessing. Sterling faces positive BoE news and Brexit fears.
Matthew Ryan 26 Jun 2018

Trade war fears boost safe haven currencies, Trump considers additional tariffs on Chinese goods. Haldane joins hawks to support an immediate UK rate hike.
Enrique Díaz-Álvarez 25 Jun 2018