by Christopher Nye | Mar 13, 2026
It was a strongly positive day for the US dollar as hopes for a rapid end to the “largest oil supply crisis ever”, according to the International Energy Agency, faded. With the euro weakening and Bank of Japan considering a move on interest rates, the US dollar is...
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by Christopher Nye | Mar 13, 2026
The euro continues to be one of the biggest losers from the mining of the Straits of Hormuz and subsequent oil price rises, especially against the US dollar, which it has lost some 1.5% against since Tuesday and has reached its weakest since last summer. We’re getting...
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by Christopher Nye | Mar 13, 2026
Sterling-euro remains an oasis of relative calm amid febrile and volatile global currency movements, while GBP/USD continues to fall. This morning’s GDP figure has certainly come as a disappointment for the government but joins a long line of data points that look...
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by Charles Purdy | Mar 13, 2026
The British economy was failing to grow and firms had stopped hiring even before the new oil crisis had struck, according to data released by the Office for National Statistics this morning. GDP flatlined in January, showing 0% growth where 0.2% had been predicted....
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by Jonathan Cook | Mar 12, 2026
With its safe-haven status in question, the US dollar is still drawing strong demand. Rapidly rising oil prices have certainly helped it gain relative to more energy exposed economies, including the eurozone and Britain. Since the start of the war, the US dollar has...
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