Christopher Nye
on January 2nd, 2026 A quiet festive season for sterling saw it maintain its position at around 1.75% stronger on USD than the start of the month and 7.5% on the start of the year. It’s not much less positive in the short-term against the euro (close to a two-month high) but 5% down on the year. We’ve got a trickle of data coming out next week, the most interesting of which will be shop inflation on Tuesday.
GBP/USD past year
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