Author Archives: Kris Charalambides

US-China Tariff Deal Lifts Dollar as Markets Await Key UK Data
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US-China Tariff Deal Boosts Dollar as Markets Eye UK Data

Markets are reacting to fresh trade developments today, as the US and China agree to lower tariffs – a move that has already strengthened the US dollar and could support it further once American markets open.

US-China Agree to Temporary Tariff Cuts

Following two days of negotiations, the US and China have reached an agreement to cut tariffs on each other for a 90-day period.
Under the deal:

  • The US will reduce its tariffs on Chinese goods from 145% to 30%
  • China will lower its tariffs on American imports from 125% to 10%

This temporary truce offers relief to markets concerned about escalating trade tensions and signals a possible shift toward more constructive dialogue between the two global powers.

Dollar Strengthens on Trade Optimism

The dollar has firmed in response to the agreement, with further gains possible once US markets open and begin to absorb the implications.
With no major economic data due out today, trade news is likely to remain the key driver of currency movements.

Attention Turns to UK Jobs and Growth Data

With little scheduled on the economic calendar today, market focus will shift to tomorrow’s UK employment figures, followed by GDP growth numbers on Thursday.
The UK economy is expected to show quarterly growth of 0.6% – a potentially positive sign amid broader concerns over economic momentum.

Stay Prepared with Qu Money

In a market environment shaped by global trade talks and upcoming domestic data, it’s important to stay informed and agile.
For tailored insights on how these developments could impact your currency exposure – or to explore strategies to manage volatility – reach out to one of our experts at Qu Money today.

Markets Fragile Ahead of Easter as Pound Hits Low Against Euro
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Markets Fragile Ahead of Easter as Pound Hits 5-Month Low vs Euro

With Easter approaching, it’s a quiet day for economic data, but markets remain anything but calm. Volatility from the escalating US-China trade dispute continues to ripple across global markets, leaving investors cautious.

Dollar Sell-Off Boosts Safe Havens

Over the past five days, we’ve seen a sharp sell-off in the US dollar, as uncertainty around tariffs pushes investors towards safer assets. The euro, Swiss franc, and Japanese yen have all benefited from this defensive market tone.

Pound Falls to November Lows Against the Euro

The GBP/EUR exchange rate has dropped to its lowest level since November 2023, highlighting continued pressure on Sterling. While not ideal for euro buyers, this dip presents a good opportunity for those looking to sell euros at strong rates.

Looking Ahead: Inflation and ECB in Focus

While today’s data calendar is light, the remainder of the week holds two key events that could shake things up:

  • UK Inflation (Wednesday) – A critical gauge of the Bank of England’s future rate path.
  • ECB Interest Rate Announcement (Thursday) – With euro strength in the spotlight, any hint of policy shifts will be closely scrutinised.

Stay Ahead in Uncertain Times

With geopolitical tensions and central bank decisions creating an unpredictable backdrop, now is the time to be strategic. Whether you’re making payments in euros or managing overseas exposure, Qumoney’s FX specialists can help you plan ahead.

Get in touch today to explore how we can support your business with expert market insight and tailored currency solutions.

GBP/EUR hits 8-month low
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GBP/EUR Hits 8-Month Low as Euro Surges in Turbulent Market Conditions

Sterling stumbled to fresh eight-month lows against the euro on Friday, as global markets reeled from renewed volatility and risk-off sentiment. The Euro outshone its peers across the board, capitalising on broad weakness in other major currencies — including a brief comeback by the US dollar.

Sterling Slides, Euro Dominates

The GBP/EUR exchange rate dropped by as much as 1% on Friday, dragged down by risk aversion and a resilient euro. The single currency surged even more impressively against risk-sensitive currencies like the Australian dollar, which tumbled over 4% at its lowest point.

The sharp moves reflect growing investor caution as global economic headwinds mount — from escalating trade tensions to central banks’ hawkish stances.

Could the Euro Rally Reverse?

While the euro is currently enjoying a strong run, its trajectory could be challenged in the coming days. A looming tariff confrontation between Brussels and Washington would likely dent euro sentiment and potentially give Sterling some much-needed breathing space.

As ever, politics and international relations remain a key driver in the FX markets — and traders will be closely watching for any policy announcements or rhetoric from either side.

UK GDP Report Could Be a Gamechanger

Looking ahead, all eyes will turn to the UK’s February GDP report, due later this week. Any signs that the economy has stalled could limit Sterling’s recovery potential, especially as the country grapples with persistently high interest rates and subdued business confidence.

With April’s fiscal changes on the horizon, investors are cautious about the UK’s short-term economic outlook — a factor that could keep GBP/EUR under pressure for now.

Manage Risk, Seize Opportunities

As the FX market becomes more unpredictable, having the right currency strategy is crucial for protecting your bottom line. Whether you’re hedging exposure or taking advantage of market swings, our Qumoney specialists can help you make confident decisions.

Speak to our team today to learn how to protect your international payments and turn volatility into opportunity.

German CPI and UK consumer lending impact on FX
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Data Watch: German Figures Beat Forecasts but Euro Remains Under Pressure

This morning’s German Import and Retail Sales figures both exceeded expectations, indicating some resilience in Europe’s largest economy. However, the upbeat data failed to lift the euro, which continues to struggle for traction amid broader market caution.

Focus Shifts to UK Consumer Lending Data

Next on the schedule is the UK’s Consumer Lending report, which includes figures on mortgage approvals, household lending, and consumer credit. These indicators will offer a snapshot of domestic demand and borrowing trends heading into Q2.

German Inflation in Focus This Afternoon

Later in the day, attention will turn back to Germany with the release of CPI inflation data—an important reading ahead of the upcoming ECB policy discussions. A higher-than-expected print could revive euro support, while a soft number may add further pressure.

Stay Ahead of Market Shifts

With key data influencing currency movements, now is the time to stay proactive. Speak to a QuMoney specialist for bespoke insights and risk management strategies to support your international transactions.

Central Banks Hold Steady, Key PMI & Inflation Data Ahead | QuMoney
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Market Recap: Central Banks Hold Steady as PMI and Inflation Data Loom

Last week’s central bank meetings from both the Federal Reserve and the Bank of England delivered no surprises, with interest rates left unchanged as widely expected. Post-meeting commentary was similarly aligned with market expectations, signalling a steady but cautious stance from both institutions.

Currency Markets Hold in Tight Ranges

Currency movements remained relatively contained throughout the week. While EUR/USD touched a fresh year-to-date high early on, the euro quickly lost steam and ended the week on a weaker footing.

Key Data Ahead: PMIs and Inflation in Focus

Looking ahead, the flash Purchasing Managers’ Index (PMI) releases for March from the US, Eurozone, and UK will be closely watched. These figures will offer valuable insights into economic momentum—or potential lack thereof—as Q1 draws to a close.

Additionally, inflation data will be front and centre this week. The UK will release CPI inflation figures for February, while in the US, markets await the latest core PCE reading—widely regarded as the Fed’s preferred inflation measure.

Monitoring Global Trade Risks

Ongoing trade-related developments also remain on the radar, with potential implications for currency stability and business strategy.

Stay Informed, Stay Ahead

With high-impact data on the horizon, now is the time to reassess your currency exposure. Speak with a QuMoney expert for tailored insights and strategies to help you navigate market volatility with confidence.

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