by Jonathan Cook | Jun 16, 2025
The pound opened today at a five-week low against the euro after shedding a cent and a half of value across the course of last week’s action. In other words, a €300,000 property on the continent became £3000 more expensive in the blink of an eye. And this is far...
read more
by Jonathan Cook | Jun 16, 2025
Recent months have seen a reappraisal of the US dollar’s safe-haven status. But the prospect of a Israel-Iran conflict proved old habits die hard. The US dollar advanced by over a cent against the pound and euro on Friday, although both of those European currencies...
read more
by Jonathan Cook | Jun 16, 2025
Last week was a tale of two halves for the euro. A blistering mid-week performance gave way to losses against its rivals on Thursday and Friday, driven by softening economic data and poor sentiment. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
read more
by Jonathan Cook | Jun 16, 2025
UK economic developments came thick and fast last time out, little of which proved to be good news for the pound. As is so often the case, the next patch of volatility could arrive soon, with the Bank of England set to announce its next interest rate decision on...
read more
by Jonathan Cook | Jun 16, 2025
Sterling ended Friday at a five-week low against the euro, pairing those losses with a fall of over a cent to the US dollar after news of Israeli strikes on Iranian nuclear facilities rocked currency markets. Investors flocked towards safe-haven assets, supporting not...
read more
