by Jonathan Cook | Dec 24, 2025
The US dollar made some ground yesterday but saw its upside capped by a disappointing durable goods report. Transportation equipment and aircrafts were the big drags, although there were small improvements in the order volumes of fabricated metals and machinery....
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by Jonathan Cook | Dec 24, 2025
As Christmas Eve dawns, overseas buyers might find a little something extra in their stockings. The pound has strengthened by close to half a cent against the euro since the start of the week. That strong performance extends to almost a full cent if you zoom out to...
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by Jonathan Cook | Dec 24, 2025
The American economy grew by an annualised rate of 4.3% in the third quarter of 2025, smashing forecasts of just over 3%. Consumer spending, exports and government spending all played their part in the biggest quarter-on-quarter expansion in two years. Even with muted...
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by Jonathan Cook | Dec 23, 2025
Residual momentum from last Thursday’s interest rate cut helped sterling start the shortened week well. With a threadbare Christmas schedule of economic news, the pound strengthened by almost half a cent against both the euro and the US dollar. The geopolitical...
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by Jonathan Cook | Dec 23, 2025
An unexpectedly tight vote on Threadneedle Street wasn’t the outcome many economists had predicted. Regardless, the pound has benefitted from renewed questions over the outlook for next year and looks set to end 2025 on a high. GBP/USD: the past year 1...
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