by Jonathan Cook | Jul 7, 2025
The pound weakened by over a cent against the euro over the course of last week, with events coming to a head on a remarkable Wednesday. In a nutshell, sterling’s troubles worsened after the prime minister was forced to give in to his own MPs, who demanded planned...
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by Jonathan Cook | Jul 7, 2025
June was a hugely successful time for the euro, which surged by almost five cents against its key rivals the pound and the US dollar. July immediately begins with the risk of trade, but the euro can take heart from its strong performance in the face of adversity....
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by Jonathan Cook | Jul 7, 2025
Last week’s sharp increase in gilt yields (plus the additional spending that came with the revised welfare bill) has stretched the government’s budget to breaking point. In lieu of tax cuts, the only real solution for the government is to bolster the Treasury by...
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by Jonathan Cook | Jul 7, 2025
Sterling weakened by over a cent against the US dollar and the euro over the course of last week, with events coming to a head on a remarkable day of drama in financial markets and Westminster. The bond market’s tantrum has now seemingly passed (until the next time),...
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by Jonathan Cook | Jul 7, 2025
America’s Independence Day meant markets were closed to end the week across the Atlantic. But Republicans were able to finally celebrate the passing of the massive One Big, Beautiful Bill act. History and the US dollar may be a little less generous in their...
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