The Dollar extended a run of losses after the new U.S. President made it clear he wants lower interest rates and all but confirmed a blanket import tariff won't be considered.
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The Dollar is reaching a turning point as 'Trumphoria' looks set to fade and equity market valuations clash with rising bond yields.
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Pound Sterling's relief rally against the Dollar comes amidst signs Donald Trump is taking a measured approach to tariffs. But analysts caution this is a reprieve, not a trend change.
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Sell the Dollar on strength amidst crowded positioning and improving technical considerations.
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The Dollar rose after Donald Trump said he would likely move to impose tariffs from February 01.
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The Dollar has fallen following a news report Donald Trump won't be dealing with the topic on his first day in office.
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Pound Sterling is forecast to remain under pressure against the Dollar in a week that sees the new U.S. President take office.
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