by Jonathan Cook | Jan 13, 2026
Rather than provide clarity, last week’s European inflation reports muddied the picture for the European Central Bank (ECB) somewhat. With headline inflation falling below target in large member-state economies, the euro was weighed down a little to start the week as...
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by Jonathan Cook | Jan 13, 2026
Sterling staged something of a rally on Monday, surging ahead against the US dollar and threatening to retake last week’s high against the euro. As investors fled a febrile US dollar, the pound is benefitting from some promising tailwinds and a soft improvement...
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by Jonathan Cook | Jan 13, 2026
The war of words between Donald Trump and the Federal Reserve escalated in dramatic fashion to start the week, as the US Justice Department served grand jury subpoenas and threatened to indict chair Jerome Powell. All this was supposedly over the Fed’s recent building...
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by Charles Purdy | Jan 12, 2026
If your New Year Resolution was to hear less of the word ‘Trump’, how is that going for you? Unfortunately, for anyone with a large international transaction coming up, the actions of the US president continue to affect the pound, euro or US dollar in your pocket. The...
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by Charles Purdy | Jan 12, 2026
At the end of a week where geopolitics dominated, economics was back in the spotlight on Friday with US non-farm payrolls. This is the most widely trusted measure of the US labour market and while it said that hiring was quieter, the numbers were not viewed as...
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