by Jonathan Cook | Nov 17, 2025
Last Friday began with bombshell reports that Chancellor Rachel Reeves was set to ditch her well-publicised plans to raise income tax at the autumn Budget (26 November). The latest twist was made possible by indications that the updated series of economic forecasts...
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by Christopher Nye | Nov 14, 2025
The US dollar could only muster any growth against the Aussie dollar yesterday, slipping around 0.5% against most pairs. We’ll be getting a mass of data tomorrow as the shutdown ends, including retail sales. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Christopher Nye | Nov 14, 2025
The euro benefitted from the reopening of America’s Federal government, with a 0.4% gain on USD yesterday. We are about to get final results for inflation, as well as a second estimate for GDP in the eurozone – has it done any better than Britain? EUR/USD past year 1...
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by Christopher Nye | Nov 14, 2025
The bad news continues to pile on for sterling, with GBP/EUR down to another fresh low since spring 2023. There was at least a recovery against some other currencies, notably the US and Australian dollars. The data ramps up again next week with inflation on Wednesday....
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by Charles Purdy | Nov 14, 2025
It’s been hard to keep up with the twists and turns of sterling over the past 24 hours. Yesterday was a game of two halves as the markets changed their mind around midday, and after early falls the pound strengthened. Then overnight it’s been a change of direction...
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