by Jonathan Cook | Mar 3, 2025
The pound came out of last week with credit, navigating a tricky passage from both an economic and geopolitical perspective. The seas have calmed for now but nobody should be betting the house on a strong pound given all the present uncertainty. GBP/USD: the past year...
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by Jonathan Cook | Mar 3, 2025
The euro stands to lose the most in a week headlined by economic data and another interest rate decision from the European Central Bank (ECB). Threats of tariffs from the United States can be added to the worry list, along with the almost complete pivot in...
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by Christopher Nye | Feb 28, 2025
Sterling has reached the end of February in a better place than it began it, some 1.1% up on USD and 1.3% up on the euro. A quiet week for data has ended with the Nationwide House Price index, which showed prices rising by 0.4% in February to an annualised 3.9%....
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by Christopher Nye | Feb 28, 2025
Yesterday’s confirmation that tariffs will commence against Canada, Mexico and China helped the dollar to a 0.5% to 1% gain on most rivals, including the pound. This afternoon we will get Personal Income and Spending data. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day 1 Wk...
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by Christopher Nye | Feb 28, 2025
It was a sorry day for the single currency overall, although losses were held at just around 0.75% even against the US dollar. We have just heard French inflation data come in at just 0.8% annually, a significant drop and well below the conventional 2% target. Italy’s...
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