by Julian Benson | Feb 19, 2025
Increased average earnings data buoyed the pound through much of Tuesday, but it closed behind the dollar. However, the Office for National Statistics revealed inflation had risen above predictions, increasing pressure on the government. GBP/USD past year 1 Min 5 Min...
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by Julian Benson | Feb 19, 2025
After spending most of the day trailing the pound, the dollar clawed back to lead on sterling and the euro by day’s end. Above expected inflation rises this morning highlighted the challenges facing the UK government. Buoyed by data showing average earnings had...
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by Jonathan Cook | Feb 18, 2025
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 and there is much to consider after one of the most remarkable...
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by Jonathan Cook | Feb 18, 2025
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 policies (both economic and geopolitical) are...
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by Jonathan Cook | Feb 18, 2025
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 anticipate fewer interest rate cuts....
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