by Jonathan Cook | Dec 5, 2025
Rumblings around the future chair of the Federal Reserve didn’t help the US dollar on Thursday. Already struggling thanks to weak data, the prospect of a central bank closer to White House influence and with more incentive to carry out the president’s policy missives...
by Jonathan Cook | Dec 5, 2025
The euro has lost some ground to the pound this week, but any falls remain pretty minor in the context of the year as a whole. The euro was five cent weaker back in May and has strengthened by more than 5% against the pound if you zoom out to January. GBP/EUR: the...
by Jonathan Cook | Dec 5, 2025
Such has been the speed of the turnaround for the pound, it’s hard to think that the autumn Budget was just over a week ago. Since then, sterling has strengthened by almost a cent against the euro and by well over two cents against the struggling US dollar. GBP/USD:...
by Jonathan Cook | Dec 5, 2025
After a turbulent end to November, the pound really hit its straps in the second half of this week. Boosted by positive economic data, sterling begins Friday at its best level since the end of October against both the euro and the US dollar. Housing costs still...
by Jonathan Cook | Dec 4, 2025
Based on yesterday’s trading, the investor community are betting heavily on a Christmas rate cut from Jerome Powell and co. The US dollar sank against its main rivals, weakening by over 1% against the pound across the day. EUR/USD: the past year 1 Min 5 Min 1 Hr 1 Day...
by Jonathan Cook | Dec 4, 2025
Much like the EU’s legal approach, the euro looked on shaky ground yesterday. Daily gains over the US dollar were more a sign of that currency’s weakness. The focus will likely be on Ukraine and economic support until the next batch of significant data. GBP/EUR: the...
by Jonathan Cook | Dec 4, 2025
Sterling surged to a three-week high against the US dollar on Tuesday and a five-week high against the euro. The sense of post-Budget relief has been bolstered by several pieces of robust data, but as we all know, it does not take much for the house of cards to come...
by Jonathan Cook | Dec 4, 2025
Sterling strengthened against the euro and the US dollar yesterday, the result of fresh economic data and what felt like the start of a new chapter in the war in Ukraine. As Russian, American, and Ukrainian envoys failed to hammer out a deal in Moscow, the European...
by Jonathan Cook | Dec 3, 2025
One week after the autumn Budget, the pound has at last been able to regain some sense of normality. Sterling weakened slightly across this week but ultimately evaded much of the more dramatic fallout predicted by some economic luminaries. The pound opens Wednesday...
by Jonathan Cook | Dec 3, 2025
In a typically freewheeling press conference yesterday evening, US President Donald Trump touched on everything from healthcare to Venezuela. The most relevant part for the US dollar was the hint that the next chair of the Fed would be unveiled in early 2026. That...
