by Jonathan Cook | Jun 23, 2025
The last few really significant British economic releases have been a drag on sterling. With GDP, employment and sales all seemingly moving in the wrong direction, the pound has struggled against its rivals as geopolitics and trade continue to lay an unstable...
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by Jonathan Cook | Jun 23, 2025
The pound fell against the euro and US dollar for the second consecutive week last time out, having been buffeted by weak data and shifting central bank expectations. American airstrikes on Iranian nuclear facilities over the weekend mean Monday begins with an air of...
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by Christopher Nye | Jun 20, 2025
What is still, just about, the world’s reserve currency lost out against all but the yen and Norwegian krone yesterday. It was a Federal holiday yesterday (Juneteenth) and many hard-working American workers will be taking today off too, but Monday starts with home...
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by Christopher Nye | Jun 20, 2025
Apart from against the pound, it was another positive day for the euro, with the biggest gains against the safe havens of the US dollar and yen. We’ve got a eurozone consumer confidence reading out this afternoon and business confidence (PMI) on Monday. EUR/USD past...
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by Christopher Nye | Jun 20, 2025
After three weeks of solid losses amounting to around 2% against the euro, there was something of a dead cat bounce yesterday. Sterling in fact recovered across the board yesterday, but that may not last long given parlous retail sales data just released. The...
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