by Charles Purdy | Jul 25, 2025
Sterling has weakened again in the past 24 hours, buffeted by a daily assault of negative data on the UK economy. The pound weakened to a fresh low against the euro, its worst again since November 2023. But there were no bright points for sterling. The day’s losses...
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by Jonathan Cook | Jul 24, 2025
It was a slightly strange sight to see the US dollar fall in the wake of what was a really significant trade deal. The dollar would soon fight back against the euro, but currency markets certainly need more than a couple of agreements to push their chips back across...
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by Jonathan Cook | Jul 24, 2025
Trade and interest rates were the main causes of a subdued Wednesday for the euro. The issue is there hasn’t been much clarity on either. That should soon change, although for now it’s hard to predict both the ECB’s decision and the outcome of ongoing trade...
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by Jonathan Cook | Jul 24, 2025
Sterling regained some momentum yesterday, but the focus now shifts to what feels a key pair of reports. This morning’s manufacturing and services industry data for July – coming courtesy of S&P – should shed some light on both hiring and production in the UK...
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by Jonathan Cook | Jul 24, 2025
Sterling enjoyed a positive Wednesday, posting daily gains over both the euro and the US dollar despite the galvanising impact the US-Japan trade deal had on American markets. Meanwhile, rumours of progress in trade talks between the European Union and the Trump...
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