by Charles Purdy | Aug 1, 2025
It was a broadly negative day for sterling yesterday, after a week of gains against the euro had offered some relief for those with major purchases upcoming in the eurozone. There was no particular reason for the weakening in sterling, in a day without any high-level...
read more
by Jonathan Cook | Jul 31, 2025
A GDP increase of 3% is always going to grab the headlines, but the US dollar is going to need more than some heavily caveated figures to inspire lasting confidence. Of more importance is last night’s Fed decision, as well as crucial inflation and jobs data that...
read more
by Jonathan Cook | Jul 31, 2025
It’s unusual for such a busy schedule of European data to go practically unnoticed. Wednesday’s logjam meant that the euro lost ground as attention turned elsewhere, although the ongoing struggles in the German economy didn’t help its performance. GBP/EUR: the past...
read more
by Jonathan Cook | Jul 31, 2025
As we reach the last day of July, pound sellers may look back on the month and wonder what might have been. A five-cent fall has come after economic trouble in the UK and a (relatively) painless resolution to the trade crisis, and sterling has been unable to seize a...
read more
by Jonathan Cook | Jul 31, 2025
The American economy grew by an estimated 3% quarter-on-quarter in the three months to June, propelling the US dollar to its strongest level against the pound since the end of May. Sterling meanwhile strengthened by half a cent against the euro before falling back on...
read more
