by Jonathan Cook | May 8, 2025
The Federal Reserve has propped up the dollar in recent weeks, with markets believing that Jerome Powell and co are more intent on stemming inflation than fretting about labour dynamics. This cautious approach has allowed the US dollar to stabilise, even as the issue...
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by Jonathan Cook | May 8, 2025
Tuesday’s drama in the German Bundestag saw the euro fall against its peers. A quick resolution to that brewing crisis saw it recover just as quickly, as euro investors welcomed the coronation of a government committed to boosting infrastructure and defence spending....
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by Jonathan Cook | May 8, 2025
Ask the majority of the world’s leading banks and research desks and they will tell you the Bank of England will be busy cutting into the back end of this year. That raises the pressure on sterling, which could well fall against its peers in a low-rate environment....
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by Jonathan Cook | May 8, 2025
After the Federal Reserve decided to keep interest rates on hold last night, focus shifts to the Bank of England (BoE) this lunchtime. Markets believe a quarter-point cut to interest rates is as good as a done deal, yet the risk lies in policymakers outlining deeper,...
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by Charles Purdy | May 7, 2025
There was a flurry of excitement yesterday as GBP/EUR strengthened by 0.75% to its best for five weeks, and we were prepping for a Rate Alert. However, it weakened just as quickly and ended up slightly down on the day. That leaves the pound to euro rate a little down...
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