by Jonathan Cook | Jun 24, 2025
Yesterday’s gains over the US dollar have pushed the euro close to a significant milestone. EUR/USD opens Tuesday tantalisingly close to its highest level since 2021. Just how long it can stay that strong will depend on the data, as well as any number of interlinked,...
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by Jonathan Cook | Jun 24, 2025
A better performance in both the services and manufacturing sections of S&P’s PMI report was a boost for the pound, but they did not come close to blowing away the structural concerns currently following the economy. The pound is struggling to build momentum as...
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by Jonathan Cook | Jun 24, 2025
Sterling steadied itself after a rocky opening yesterday as some positive industry data provided a foothold against the euro and US dollar. The tone had very much been one of caution until US President Donald Trump announced that a hastily negotiated ceasefire between...
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by Jonathan Cook | Jun 23, 2025
The pound fell against the euro for the second consecutive week last time out. June has proved a serious challenge for sterling. Since the beginning of the month, GBP/EUR has weakened steadily by close to 3 cents, a fall that means your buying power has shrunk by...
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by Jonathan Cook | Jun 23, 2025
Federal Reserve governor Christopher Waller argued that the Fed should start cutting interest rates as early as July. According to Waller, the anticipated impact of tariffs on inflation hadn’t fed through into economic reality yet. Waller is a leading candidate to...
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