by Jonathan Cook | Jan 7, 2026
Sterling’s strong start to 2026 hit its first real bump on Tuesday, as a downward revision to December’s PMI data opened the door for the US dollar to claw back half a cent. S&P revised down its initial 52.1 score in the UK services PMI study to 51.4. The US...
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by Christopher Nye | Jan 6, 2026
GBP/EUR gained around half a cent yesterday and GBP/USD close to a cent in a positive day for sterling. But will that survive the various data releases today including services PMI?
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by Christopher Nye | Jan 6, 2026
It was all downhill for the single currency yesterday as a mix of geopolitical threats and poor economic data combined to depress the market. Hang on to your chapeaux for inflation and PMI data today and tomorrow.
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by Christopher Nye | Jan 6, 2026
It was a day of three thirds for the dollar yesterday as early gains as soon as the market opened were just as rapidly lost – and more – in the afternoon session, with even greater losses in the evening. Can data reverse that? The key numbers of the week are on the US...
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by Christopher Nye | Jan 6, 2026
The pound was the surprise winner among currencies in a market still working out the ramifications of the USA’s military intervention in Venezuela. The usual pattern when conflicts begin is that investors avoid risky assets like stocks and sterling and put their money...
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