In the rest of G10, sterling is facing substantial downside risks from fiscal turbulence and potentially larger Bank of England cuts, and we see GBP/USD heading towards the low 1.20s. Commodity ...
A rebound for Nvidia following its sharp drop the day before helped steady the market, and the majority of stocks rose.
FX strategist: Announcements at 'most hawkish end of protectionist spectrum we could have envisaged'
George Saravelos, head of FX research at Deutsche Bank, said the tariff announcements were "at the most hawkish end of the protectionist spectrum we could have envisaged." He said the speed ...
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