by Jonathan Cook | Feb 3, 2025
Thursday’s Bank of England interest rate decision is the headliner of another big week for the pound. GBP/EUR ended Friday at its highest level in over three weeks but the prospect of another 0.25% cut to interest rates threatens that platform. These matters soon...
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by Jonathan Cook | Feb 3, 2025
You would be hard-pressed to find a more favourable set of conditions than those the US dollar enjoyed on Friday. Trump’s hard line on trade and more evidence of a thriving economy caused the US dollar to zoom ahead of the pound and the euro. EUR/USD: the past year 1...
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by Jonathan Cook | Feb 3, 2025
The euro still has some significant data to navigate after last week’s pile-up. This morning’s eurozone inflation data will help to shed some light on the ECB’s next week, while EUR/USD remains under pressure as the talk of tariffs resumes. According to Deutsche Bank,...
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by Jonathan Cook | Feb 3, 2025
The Bank of England’s Thursday meeting is the clear focus for the pound this week. Although most economists think the Bank is poised for a cut, recent data has provided a repost to that view. All eyes will be on the Monetary Policy Committee for the biggest decision...
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by Jonathan Cook | Feb 3, 2025
Thursday’s Bank of England interest rate decision is the headliner of another big week for the pound. GBP/EUR ended Friday at its highest level in over three weeks but the prospect of another 0.25% cut to interest rates threatens that platform. These matters soon...
read more
