by Jonathan Cook | Apr 14, 2025
A resurgent euro knocked GBP/EUR back to its lowest level since December 2023 last week. The figures don’t make pretty reading for anyone looking to buy euros: GBP/EUR fell by more than 2% in five days and has lost around 3.5% since the start of April. What does all...
read more
by Jonathan Cook | Apr 14, 2025
The US dollar fell like a lead balloon to a three-year low against the euro on Friday. It didn’t fare much better against sterling, particularly when news of draining consumer confidence and tumbling PPI arrived. Combine that with a trade war and the outlook doesn’t...
read more
by Jonathan Cook | Apr 14, 2025
It’s hard to see how the ECB can craft cohesive monetary policy out of the chaos, but that is its task at Thursday’s meeting. Markets thought a 0.5% cut was on the cards just last week, before the tariff pause changed the equation. Whatever the decision, the euro...
read more
by Jonathan Cook | Apr 14, 2025
After a dizzying week, sterling clung onto the life-raft that was February’s GDP report. As we have said before, economic growth is so crucial to the pound’s success. This was a good start on a long journey to the kind of dynamic economy that would support a stronger...
read more
by Jonathan Cook | Apr 14, 2025
Last week’s chaos saw the pound regain almost four cents against the US dollar but slip further against the euro. In fact, the euro was probably the world’s top performing currency over the five-day stretch, and GBP/EUR would fall to its lowest level since December...
read more
