by Jonathan Cook | Dec 29, 2025
The euro’s bumper year was driven by significant interest rate disparity between the European Central Bank and other major rate setters. As those gaps narrow, analysts expect relative value to be driven more by economic fundamentals like growth, putting more onus on...
read more
by Jonathan Cook | Dec 29, 2025
Action was limited in US dollar markets last week, although we did get another indication that the president’s preference for the next Federal Reserve chair would be someone more dovish. Donald Trump said he didn’t want another “egghead” in the Eccles building,...
read more
by Jonathan Cook | Dec 29, 2025
Restful has been the operative word in the land of currency these past few days. Limited movements have allowed the pound to cling on to its recent strength, beginning another shortened week near a three-week high over the euro. As we take stock at the end of a crazy,...
read more
by Jonathan Cook | Dec 24, 2025
December has been decidedly brighter for the pound. As the last day of trading before Christmas begins, sterling has strengthened by almost 3% against the US dollar since the start of the month. A smaller half-cent increase against the euro should still be seen as...
read more
by Jonathan Cook | Dec 24, 2025
The euro carriers a little political risk heading into the new year. France is still (yes, still) negotiating its budget in a protracted piece of political theatre that makes Washington look amateurish. An emergency rule delaying another vote until 2026 is expected to...
read more
