by Ryan Morrison | Mar 26, 2026
The pound slipped against the dollar again this morning as markets focused on the failed peace talks rather than yesterday’s inflation figures. Although headline inflation held at 3%, core inflation — which strips out food and fuel — crept up to 3.2%, a reminder...
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by Ryan Morrison | Mar 26, 2026
If you woke up yesterday thinking the oil crisis might be about to calm down, this morning’s news will have been a cold shower. Iran has rejected the US peace plan outright, calling it unreasonable, and oil prices have shot straight back above $100 a barrel. The...
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by Charles Purdy | Mar 25, 2026
The past 24 hours have seen more worrying signs for the UK economy. The pound has looked like a softly deflating tyre this week against both the US dollar and the euro, with the dollar firmer across the board. However, it remains within a small margin of its best for...
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by Christopher Nye | Mar 25, 2026
The US dollar finished yesterday on a firmer footing all round. Part of that is the continuing risk off mode and part the data. The US flash composite PMI at 51.4 was weaker than last month, but the commentary about rising costs can still keep the inflation...
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by Christopher Nye | Mar 25, 2026
The euro was also a shade softer against the dollar yesterday. Europe’s big complication is the same one it always has in an energy shock: high import exposure, and not a huge growth buffer. Eurostat’s 0.2% quarterly GDP figure for late 2025 is a reminder that the...
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