by Jonathan Cook | Mar 12, 2026
For the euro and the European Central Bank (ECB), the path for 2026 may hinge on the next few weeks. Should things resolve quickly, the ECB may be able to keep interest rates close to 2%. Should they spiral out of control, higher energy costs would likely result in...
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by Jonathan Cook | Mar 12, 2026
Tomorrow morning’s economic growth report gives the pound a chance to grasp some good news. GDP is only expected to have expanded by 0.1% in January, but analysts have suggested there is a chance for overperformance given upbeat sector data. GBP/USD: the past year...
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by Jonathan Cook | Mar 12, 2026
The largest release of oil reserves in history failed to calm currency markets on Wednesday. The safe-haven US dollar, supported by recent trends and stable inflation data, continued its upward trend, while the pound nudged up to its highest in over a month against...
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by Jonathan Cook | Mar 11, 2026
Sterling begins Wednesday just under a cent stronger against the euro compared to this time last week. The pound has held up remarkably well, considering the threat of an oil crisis, conflict in the Middle East, along with the possibility all this could scupper the...
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by Jonathan Cook | Mar 11, 2026
This afternoon’s inflation report could strike a particular chord amid the ongoing crisis. Core and headline consumer price inflation are expected to have registered at manageable annualised rates of 2.5% and 2.4% respectively in February. Anything higher might lead...
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