by Jonathan Cook | Mar 25, 2025
Things could get messy later this week, but by all accounts the pound made a reasonable start on Monday. With the help of some outstanding PMI data (although not from factories, it must be said) sterling was able to forge ahead against the euro. Now comes the real...
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by Jonathan Cook | Mar 25, 2025
The pound received a welcome boost courtesy of its dominant professional services sector on Monday. UK private sector growth reached a six-month high, with the all-important services sector recording a score of 53.2 in March’s S&P Global UK purchasing managers’...
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by Jonathan Cook | Mar 24, 2025
Sterling reached its highest point against the euro since early March last week. GBP/EUR managed to eek out a 0.5% advance across the week but is still close to 2 cents lower than where it began the month. To put that in context, if you had bought a €250,000 house in...
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by Jonathan Cook | Mar 24, 2025
The US dollar faces a packed schedule of economic data this week. That gives the dollar a chance to redeem itself, yet the risk is those figures only compound recent fears of an economic slowdown. EUR/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To ...
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by Jonathan Cook | Mar 24, 2025
As things stand, evidence of the German economy’s comeback has been anecdotal and centred around new projections. Tweaks to government spending rules could well prop up the euro in the long term, but it will still need a solid string of economic data in the here and...
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