by Charles Purdy | Aug 29, 2025
After a week of slow but sure growth against the euro, sterling dropped a third of a cent yesterday, leaving GBP/EUR essentially unchanged over the month. Better news against the US dollar yesterday and GBP/USD reaches the end of the month 1.35% up. Overall, the...
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by Jonathan Cook | Aug 28, 2025
Because of recent tariff upheaval, economists predict GDP growth will come in at around 3% at the second estimate this afternoon. This will be good for the US dollar, but it does feel like investors have their heads in the sand at the moment. Trump’s attacks on the...
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by Jonathan Cook | Aug 28, 2025
Germany’s GfK consumer sentiment survey fell to its lowest since April as we move into autumn. Economic expectations fell notably, and taken together with the recent crisis in French politics, the euro faces a little pressure as we approach September. GBP/EUR: the...
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by Jonathan Cook | Aug 28, 2025
Sterling held firm yesterday even as soaring borrowing costs eat into the UK’s capacity for a fiscal injection. It feels like we’ve been talking about British economic pain for a while, but the pound has posted a solid month, strengthening against both the US dollar...
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by Jonathan Cook | Aug 28, 2025
The US dollar put in another surprisingly strong performance on Wednesday, strengthening by around half a cent against both the pound and the euro before the pound led a fightback. In the European arena, sterling reached its highest level this week over the euro, even...
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