The US dollar traded in a narrow range against its rivals to start the week – the result of an extended weekend for the stock market. Trading volumes were low yesterday but should start to ramp up today…
Read more
›
The euro faces an anxious wait to see who will come out on top in the German elections, with the far-right Alternative für Deutschland expected to do well. That isn’t the only factor making things move. Donald Trump’s…
Read more
›
Headline consumer price inflation is forecast to have risen again in January after falling in December. The incongruous result of that is higher inflation, while negative for the economy as a whole, might boost the pound as markets…
Read more
›
Unemployment in the UK was unchanged month-on-month at 4.4% in December, avoiding the painful increase in joblessness that many economists had predicted. Average earnings meanwhile rose as expected to a three-month average of 6% including bonuses and 5.9%…
Read more
›
Sterling benefitted from unexpectedly positive GDP numbers (plus a notably weaker US dollar) to end last week on a high. In just one week, GBP/USD gained almost two per cent while the euro also made gains against the…
Read more
›
January is rarely the retail sector’s strongest month but this year was worse than most. A huge 0.9% decline in monthly sales consigned the US dollar to its worst weekly performance of 2025. A plunging dollar will look…
Read more
›
The euro batted back the pound and zoomed upwards against the US dollar last week. Given many analysts had predicted EUR/USD would soon reach parity, that showing was a timely reminder of the single currency’s ability to weather…
Read more
›
Last week’s better than expected economic growth numbers were a huge help for sterling. However, few economists see it changing the UK’s outlook. Only sustained, solid growth numbers will help it to navigate the rough and choppy waters…
Read more
›
