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Deutsche Bank predicts dollar will lose safe-haven status

The U.S. dollar may lose its traditional status as a safe haven as markets adjust to President Donald Trump’s tariffs and suspension of military aid to Ukraine, warned George Saravelos, Deutsche Bank’s global head of FX strategy, Bloomberg reports. “We do not write this lightly,” Saravelos said in a client note Tuesday on the new geopolitical … Continue reading Deutsche Bank predicts dollar will lose safe-haven status

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Pound up against dollar after busy week on economic front

It's been a busy week on the economic front. There was no major shift in the overall outlook - since Monday we've had it confirmed that the UK economy has lower inflation and more growth than the last two years, while wages have grown faster than the overall pace of price rises. On the back … Continue reading Pound up against dollar after busy week on economic front