by Jonathan Cook | Nov 20, 2025
Sterling’s losses were quite limited on Wednesday considering the significant fall in headline inflation from 3.8% to 3.6%. All told, the pound lost a little over half a cent to the US dollar and managed to maintain its poise against the euro. GBP/USD: the past year...
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by Jonathan Cook | Nov 20, 2025
Sterling weakened against its peers on Wednesday, weighed down by cooling inflation and renewed confidence that the Bank of England would cut interest rates next month. There was still enough trepidation within markets to prevent any serious losses. US markets found...
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by Charles Purdy | Nov 19, 2025
In a busy week for high level data for the UK the first out of the traps was inflation this morning. The fall to 3.6% was widely expected and means that while we are still on course for an interest rate cut in December it is by no means done and dusted. We should get...
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by Christopher Nye | Nov 19, 2025
It’s been a generally negative period for the US dollar, although gains on the Swiss franc and Japanese yen propped up the overall picture. Tomorrow it’s the long-awaited return of Non-Farm Payrolls (NFP) after the shutdown. It was this data which led Trump to fire...
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by Christopher Nye | Nov 19, 2025
Although there was barely a flicker against the pound and US dollar overall, the single currency had a surprisingly positive day against the traditional safe-haven currencies of the yen and Swiss franc. We’ve got final results for eurozone inflation in October today,...
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