by Jonathan Cook | Dec 3, 2025
In a typically freewheeling press conference yesterday evening, US President Donald Trump touched on everything from healthcare to Venezuela. The most relevant part for the US dollar was the hint that the next chair of the Fed would be unveiled in early 2026. That...
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by Jonathan Cook | Dec 3, 2025
The eurozone’s headline inflation rate ticked up slightly from 2.1% to 2.2% in November, driven higher by an outsized contribution from services prices. While this gave the euro a boost, the simultaneous announcement that unemployment had climbed to 6.4% was enough to...
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by Jonathan Cook | Dec 3, 2025
Sterling has had a balanced week, trading bang in the middle of its G10 competitors, according to analysts at Scotiabank. Regardless, Tuesday brought the fast signs of weakness as the pound lost about half a cent to the euro as markets adjusted their rate cut...
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by Jonathan Cook | Dec 3, 2025
Currency markets are increasingly confident that 2025 will end with quarter-point interest rate cuts on both sides of the Atlantic. Sterling and the US dollar are both struggling to pick up momentum ahead of imminent Bank of England and Federal Reserve meetings and a...
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by Christopher Nye | Dec 2, 2025
Despite some interesting movements midday as the markets came back from Thanksgiving weekend, most US dollar pairs ended up where they began the day. We’ve got more Services PMI out tomorrow, with predictions of a strongly positive outlook from US business. USD/GBP...
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