by Jonathan Cook | Apr 28, 2026
The Federal Reserve’s decision is just part of the significant events that could impact the US dollar this week. The war in the Middle East tops that list, but the Core PCE price index, GDP and durable goods orders mean the dollar could be pulled this way and that...
read more
by Jonathan Cook | Apr 28, 2026
Even though headline inflation jumped last month, core inflation (which crucially removes fuel from the calculation) actually came down. Economists think this should be the European Central Bank the time to announce a hold on Thursday and revisit the issue at its June...
read more
by Jonathan Cook | Apr 28, 2026
The UK’s economic momentum has helped to support it in recent days, as PMI data GDP pointed to a better initial response to the energy crisis than expected. However, that isn’t the sole factor supporting the pound. Currency markets are pricing in a more hawkish Bank...
read more
by Jonathan Cook | Apr 28, 2026
The pound ended Monday close to its best level since the end of March against the US dollar and the euro, despite widespread uncertainty over the energy crisis and its impact on the economy. Iran did strike a more constructive tone over the vital Strait of Hormuz, but...
read more
by Jonathan Cook | Apr 27, 2026
Sterling begins a crucial week close to its strongest in a month against the euro. The Bank of England must make another interest rate decision on Thursday (30 April) and, after some economic data that pointed in opposing directions, the vote looks to be on a knife...
read more
