The USD weakening continues into 2026 after weak jobs data and the Fed under political pressure.
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A volatile start to 2026 as geopolitical tensions rise again - GBP the winner, whilst USD will take direction from data this week
Read MoreDecember starts with a weaker USD and GBP pressured after the UK budget
Read MoreAll eyes on the symposium later this week, but GBP should find some support after hot CPI
Read MoreThe USD tumbled, oil prices firmed, equity markets and US yields are mixed as Trump delayed EU tariffs. The USD dropped to its lowest level in almost two years after Trump's U-turn on EU tariffs increased market uncertainty, highlighting the President's volatile policymaking.
Read MoreUSD volatility brings instability, as headlines jolt FX markets
Read MoreThe currency war at its peak
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