by Christopher Nye | Nov 5, 2025
It was another sea of red yesterday for sterling, with no seeming prospect of a recovery after a solid six months of losses against the euro. Tomorrow is interest rate decision day for the BoE and we will keep readers informed of what happens, as it happens. GBP/USD...
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by Charles Purdy | Nov 5, 2025
At 8.15 yesterday morning Rachel Reeves did something that no chancellor of the exchequer has ever done before, interrupted morning TV to give a warning about the state of UK finances, effectively laying the groundwork for tax rises in the Budget now 20 days away. The...
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by Jonathan Cook | Nov 4, 2025
The Supreme Court will on Wednesday consider a challenge to the president’s sweeping tariff regime. That looks set to be an intriguing test of both presidential powers and the willingness of a partisan court to act as a check on the executive. EUR/USD: the past year 1...
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by Jonathan Cook | Nov 4, 2025
The euro’s story over the past few weeks has been one of steadiness, and while it has performed well against the pound, it is by no means the only currency to achieve that. The euro is near a three-month low against the US dollar and failed to capitalise on weaker...
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by Jonathan Cook | Nov 4, 2025
October brought little to celebrate for anyone holding pounds. As the mood music held at a gloomy drone, sterling weakened by a cent against the euro and by a full three cents against the US dollar. If November is to be any brighter, the autumn Budget must first pass...
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