European Midday
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May 12, 2025 10:09 AM UTC
The USD gained ground across the board through the European morning, showing particular strength against the JPY and CHF as the US announced a trade deal with China with a reduction in reciprocal tariffs to 10% with other measures postponed for 90 days.
March 19, 2025 11:08 AM UTC
The USD gained some ground against the riskier currencies through the European morning, primarily due to concerns around developments in Turkey, where Turkish authorities have detained the mayor of Istanbul, one of Erdogan’s main rivals, on charges including corruption and aiding a terrorist group
March 14, 2025 11:08 AM UTC
EUR/USD gained half a figure late in the European morning on news that the German government collation had reached agreement with the Greens on the debt package, allowing the fiscal boost from defence and infrastructure spending to be passed.