by Jonathan Cook | Nov 11, 2025
The first stages of selecting the next European Central Bank top brass have begun. By the end of 2027, the ECB’s president, vice-president and chief economist will see their terms end. As you might imagine, finding suitable replacements might take some time. GBP/EUR:...
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by Jonathan Cook | Nov 11, 2025
Sterling is likely to be guided by economic data this week, as well as interpretations of what this data means for the Bank of England’s December decision. After today’s jobs report, economic growth figures are likely to influence things when they arrive on Thursday...
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by Jonathan Cook | Nov 11, 2025
Unemployment in the United Kingdom reached 5% in September, beating forecasts of 4.9% and marking the highest rate of joblessness since May 2021. Sterling fell sharply against the euro and the US dollar this morning as markets digested the news, which comes just a few...
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by Charles Purdy | Nov 10, 2025
After its sharp decline two weeks ago against the euro, the pound is showing no signs of bouncing back. The bigger picture is of a series of falls since the start of the spring, each with little in the way of recovery before the next one. The result for GBP/EUR is a...
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by Christopher Nye | Nov 10, 2025
With less data that usual to inform the markets the dollar was in a holding pattern last week. What gains there were against those countries with an interest in trade with China, notably AUD and NZD, but also with the Nordic currencies. Watch out on Wednesday for a...
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