by Jonathan Cook | Mar 18, 2025
Underwhelming data from the retail sector was hardly the start to the week the US dollar needed. After facing several weeks of growing pressure, the narrative is only likely to change with a sustained and impressive set of economic data. EUR/USD: the past year 1 Min 5...
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by Jonathan Cook | Mar 18, 2025
The euro is acting as the protagonist in the world of currency. It has outperformed both the pound and the US dollar in the past month and by an impressive margin. Meanwhile, European markets are experiencing a gold rush as investors bet on powerhouse nations like...
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by Jonathan Cook | Mar 18, 2025
Charlie Bean, former deputy governor of the Bank of England, made headlines yesterday when he warned chancellor Rachel Reeves against “kneejerk” cuts to public spending. Bean cautioned against damaging the economy and the pound by carrying out unnecessary cuts that...
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by Jonathan Cook | Mar 18, 2025
A positive start to the week for sterling saw it tread water against the euro and advance by 0.5% against the US dollar. As of this morning, GBP/USD reached its highest level since the initial aftermath of the US election back in early November of last year. The euro...
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by Jonathan Cook | Mar 17, 2025
The pound ended last week on the back foot after the release of disappointing GDP data. A slowdown in the UK economy in January pushed GBP/EUR down by half a cent and focused attention on the Bank of England’s next interest rate decision on Thursday (20 March). This...
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