by Jonathan Cook | Jan 9, 2026
The US dollar strengthened against the pound for the third consecutive day on Thursday. Despite its support from signs of life in the job market and the risk-off mood, the US economy reports impactful non-farm payroll and unemployment data this afternoon in what...
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by Jonathan Cook | Jan 9, 2026
If the pound struggled against the US dollar, it was at least able to push back on the euro’s early advances yesterday. A quiet period has meant sterling’s direction has come from external factors, most significantly the recent drama in the diplomatic...
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by Jonathan Cook | Jan 8, 2026
American economic data sent mixed messages yesterday. The private sector added fewer jobs than expected in November, as openings declined across all regions. The US dollar would post a strong day despite that, with strong services output and a risk-off tone boosting...
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by Jonathan Cook | Jan 8, 2026
The euro was watching the results from this week’s heavy dose of inflation data. Most of the reads (and certainly the most impactful ones) pointed to falling price pressures across the bloc, reducing the chance of an interest rate hike come February. GBP/EUR: the past...
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by Jonathan Cook | Jan 8, 2026
Sterling’s strong start to the year finally met some resistance against the US dollar and the euro. Investors often set technical floors and ceilings where they push back on a currency’s movements. That happened yesterday as the pound reached 1.155 and 1.35 against...
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