by Christopher Nye | May 2, 2025
It’s been a relatively calm week for sterling, with minimal gains against the euro and losses against the US dollar. Still, we start May almost 1.5% stronger against USD than the start of April. There’s nothing much to write home about on the wires tomorrow, but next...
read more
by Charles Purdy | May 2, 2025
The hottest day of the year was a quiet affair for sterling, but a political earthquake for the country, as Reform won a parliamentary by-election (something UKIP never managed) and appears to be on course to break the traditional two-party system, with more local...
read more
by Jonathan Cook | May 1, 2025
For the first time since the early months of 2020, the latest Core PCE price index did not climb month-on-month. Given this is the Federal Reserve’s favoured measure of inflation, as well as worrying growth figures, this could move the dial in favour of a cut at next...
read more
by Jonathan Cook | May 1, 2025
The euro’s standing in a key week has been bolstered the solid performance of member states in a glut of inflation and GDP numbers. With Germany’s political parties close to agreeing a coalition, this seems to be a rare case of economics and politics pulling in the...
read more
by Jonathan Cook | May 1, 2025
With its rivals reporting mixed data, we might have expected the pound to mount a stronger showing yesterday. Instead, sterling fell against both the euro and the US dollar. With a Bank of England meeting next week, the road from here is likely to be bumpy. GBP/USD:...
read more
