by Jonathan Cook | Jun 23, 2025
Federal Reserve governor Christopher Waller argued that the Fed should start cutting interest rates as early as July. According to Waller, the anticipated impact of tariffs on inflation hadn’t fed through into economic reality yet. Waller is a leading candidate to...
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by Jonathan Cook | Jun 23, 2025
While sterling has struggled, the euro has enjoyed a June to remember. Since 1 June, the euro has advanced by more than 1% against both the pound and the euro – a trend that comes despite low interest rates and in the absence of a trade deal with the United States....
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by Jonathan Cook | Jun 23, 2025
The last few really significant British economic releases have been a drag on sterling. With GDP, employment and sales all seemingly moving in the wrong direction, the pound has struggled against its rivals as geopolitics and trade continue to lay an unstable...
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by Jonathan Cook | Jun 23, 2025
The pound fell against the euro and US dollar for the second consecutive week last time out, having been buffeted by weak data and shifting central bank expectations. American airstrikes on Iranian nuclear facilities over the weekend mean Monday begins with an air of...
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by Christopher Nye | Jun 20, 2025
What is still, just about, the world’s reserve currency lost out against all but the yen and Norwegian krone yesterday. It was a Federal holiday yesterday (Juneteenth) and many hard-working American workers will be taking today off too, but Monday starts with home...
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