by Jonathan Cook | May 19, 2025
You wouldn’t have thought it possible during the height of the fractious Brexit negotiations, but strange forces have coalesced to push the UK and eurozone back together. This week’s negotiations could have sizeable implications for currencies, too, and the euro will...
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by Jonathan Cook | May 19, 2025
With April heralding the start of the new financial year, economists expect a big round of price rises to send the UK’s headline inflation rate north of 3%. A miss on that read would set markets scrambling to adjust their interest rate expectations, never a good omen...
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by Jonathan Cook | May 19, 2025
GBP/EUR passed through the 1.19 ceiling to end last week, the first time it has done so since the hours after Donald Trump’s tariff announcement on 2 April. It’s been quite the journey for overseas buyers in the past month. In just five short weeks, the price you...
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by Jonathan Cook | May 19, 2025
Last week’s febrile currency trading saw the pound and euro range by more than two cents against the US dollar. For sterling, the week was dominated by some welcome news on the growth front, caveated by the suspicion that economic activity is likely to slow as we...
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by Christopher Nye | May 16, 2025
More losses for the US dollar yesterday, after retail sales fell back sharply in a day packed with economic data, overall showing a mixed and confusing economic picture for the world’s biggest economy right now. We’ve got some housing numbers coming out this...
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