by Jonathan Cook | Apr 7, 2025
Sterling could do little but hope to weather the worst of last week’s storm. Wild swings dominated trading, which meant the pound was well up on its rivals on Wednesday but sunk low by Friday afternoon. It would be sensible to expect more volatility this week – the...
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by Jonathan Cook | Apr 7, 2025
US President Donald Trump’s sweeping package of trade tariffs sent sterling to its lowest level against the euro in eight months on Friday. The US dollar was able to stem its losses on the back of strong jobs data, but serious question marks remain about its economic...
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by Christopher Nye | Apr 4, 2025
The dollar index dropped by more than 1.5% yesterday to a six-month low. However, today is another day and coming up this afternoon we’ll have Non-Farm Payrolls. The markets won’t be too bothered by DOGE layoffs, but a general tightening of the jobs market will be a...
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by Christopher Nye | Apr 4, 2025
The single currency was in bullish mood yesterday, strengthening against almost every currency, including 2% against the US dollar. There will be some insight on the currently parlous state of European construction shortly, with PMI data, and Monday starts with...
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by Christopher Nye | Apr 4, 2025
Sterling weakened almost every major currency except for the US dollar yesterday, most notably against the euro and yen. This morning we will be hearing the final result for construction PMI. Monday will kick off with the Halifax House Price Index, but the main event...
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