by Jonathan Cook | Jan 8, 2026
Wednesday was a day of whiplash across currency markets. Some high-profile data points from across the Atlantic suggested progress for the US dollar, but then again, there was the small matter of the seizure of a Venezuelan oil tanker sailing those same seas under the...
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by Jonathan Cook | Jan 7, 2026
2026 has begun with a stock market rally, the daring capture of a sovereign leader, and American threats against Greenland of all places. We can now add a strong start for sterling to that list, which is starting to read a little like a bad Hollywood script. The pound...
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by Jonathan Cook | Jan 7, 2026
The US dollar index, a measure of the greenback’s strength against six prominent rivals, rose by nearly 0.3% yesterday. That was despite mixed PMI data, which indicated the focus remained on the Federal Reserve and its list of speakers along with a hectic streak of...
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by Jonathan Cook | Jan 7, 2026
Germany and France were the first eurozone nations to report inflation numbers this year. Both recorded month-on-month falls (a steep one in Germany’s case), but will that trend continue as the unified inflation read arrives later this morning? GBP/EUR: the past year...
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by Jonathan Cook | Jan 7, 2026
While its rivals are coming out the gate fast with fresh data, the pound might have to wait a while longer for insight into the UK economy. Sterling’s next real report of note comes at the tail end of next week in the form of GDP numbers. GBP/USD: the past year...
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