by Jonathan Cook | Mar 25, 2025
The pound received a welcome boost courtesy of its dominant professional services sector on Monday. UK private sector growth reached a six-month high, with the all-important services sector recording a score of 53.2 in March’s S&P Global UK purchasing managers’...
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by Jonathan Cook | Mar 24, 2025
Sterling reached its highest point against the euro since early March last week. GBP/EUR managed to eek out a 0.5% advance across the week but is still close to 2 cents lower than where it began the month. To put that in context, if you had bought a €250,000 house in...
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by Jonathan Cook | Mar 24, 2025
The US dollar faces a packed schedule of economic data this week. That gives the dollar a chance to redeem itself, yet the risk is those figures only compound recent fears of an economic slowdown. EUR/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To ...
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by Jonathan Cook | Mar 24, 2025
As things stand, evidence of the German economy’s comeback has been anecdotal and centred around new projections. Tweaks to government spending rules could well prop up the euro in the long term, but it will still need a solid string of economic data in the here and...
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by Jonathan Cook | Mar 24, 2025
Sterling’s fate this week rests on a couple of key data points, as well as the spring statement. The chancellor’s job was made all the harder with public borrowing figures from February coming in well above expectations. The road ahead for the pound is narrow and...
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