by Jonathan Cook | Sep 4, 2025
As Conservative leader Kemi Badenoch pointed out in the Commons yesterday, the UK now has a higher cost of borrowing than Greece. This is largely the result the eurozone having a lower debt to GDP ratio than the UK, as well as substantially lower interest rates. For...
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by Jonathan Cook | Sep 4, 2025
A later than usual autumn budget may prove something of a double-edged sword for the pound. Time is a valuable commodity for the Treasury, but rumours and anxieties will no doubt swirl between now and the end of November. GBP/USD: the past year 1 Min 5...
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by Jonathan Cook | Sep 4, 2025
The pound steadied itself on Wednesday after another government bond selloff led to steep falls against its rivals earlier this week. Sterling strengthened by a third of a cent against the euro and clawed back a full cent against the US dollar yesterday, but it still...
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by Julian Benson | Sep 3, 2025
It’s been a whirlwind week for currency since I last wrote to you. After President Donald Trump attempted to fire Federal Reserve Governor Lisa Cook, threatening the independence of the US central bank, the dollar ended the week significantly down on the pound and...
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by Julian Benson | Sep 3, 2025
While the dollar held its value as the pound and euro struggled on Tuesday, ending the day 1.1% up on sterling and 0.6% on the euro, drops in the stock market show traders weren’t immune to what was happening over the Atlantic. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day...
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