by Jonathan Cook | Sep 29, 2025
The US dollar took a hit to end last week with focus shifting once again to the Federal Reserve. Markets took the latest core PCE report as a sign that faster interest rate cuts were on the horizon, placing strain on the US dollar and adding to the pressure Fed...
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by Jonathan Cook | Sep 29, 2025
Last week provided something of a reality check for the euro, which had previously been basking in the warm waters of a multi-year high against the US dollar. The euro held its own against the pound but weakened by over a cent against its American foe. GBP/EUR: the...
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by Jonathan Cook | Sep 29, 2025
Sterling’s struggles over the summer have been well documented, but there’s little grounds for predicting a turnaround in the near term. Persistent concerns around government spending haven’t gone away, while the latest maneuvering within the Labour party adds an...
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by Jonathan Cook | Sep 29, 2025
Sterling was able to end a testing week on a positive note last Friday, as news of yet more trade tariffs and cooling inflation from the United States dented demand for the US dollar. The pound clawed back over half a cent against the US dollar on Friday – a good...
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by Julian Benson | Sep 26, 2025
The dollar is riding high, picking up 0.6% on the euro and more than 0.75% on the pound. The surprise announcement that GDP was growing at a rate of 3.8%, much higher than forecast, drove these gains. However, the good news makes the Fed’s next interest rate cut...
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