by Christopher Nye | Jan 2, 2026
A new year may bring an optimistic outlook for business and individuals but it looks in short supply for a dollar already blighted by the likelihood of a more doveish Federal Reserve when Jerome Powell leaves his post as chair in the spring. Next week will be all...
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by Christopher Nye | Jan 2, 2026
Since the start of summer the euro has been cruising along at high altitude against the US dollar (13% stronger than the early part of the year) and there is no sign of that slackening off just yet. Final PMI results come out today as we see how confident European...
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by Christopher Nye | Jan 2, 2026
A quiet festive season for sterling saw it maintain its position at around 1.75% stronger on USD than the start of the month and 7.5% on the start of the year. It’s not much less positive in the short-term against the euro (close to a two-month high) but 5% down on...
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by Charles Purdy | Jan 2, 2026
The first interesting data point of the year isn’t a positive sign for the economy, with Nationwide reporting that house prices fell 0.4% in December. That may be down to some seasonal effects but was nevertheless far below expectations of modest growth. However,...
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by Jonathan Cook | Dec 31, 2025
The minutes from the Federal Reserve’s December meeting gave the US dollar an overnight boost in what has otherwise been a year to forget. Sterling has strengthened by over 10 cents against the US dollar since January, the result of near-constant turmoil in American...
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