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Asset Summary – Wednesday, 12 March
Asset Summary – Wednesday, 12 March GBPUSD is showing potential for continued strength, as dollar weakness stemming from US economic anxieties and tariff implications provides upward pressure. Simultaneously, expectations of sustained high interest rates in the UK, driven by reduced anticipation of Bank of England rate cuts, further bolsters the pound. Market participants will be…
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Dollar Pressured by Euro and Uncertainty – Wednesday, 12 March
The US dollar index is currently hovering around 103.5, near its lowest levels in five months. Its decline is attributed to a stronger euro and general market uncertainty. The euro’s strength is linked to optimism regarding a potential ceasefire in Ukraine. Further pressure on the dollar comes from concerns surrounding US President Trump’s tariff policies…
