by Jonathan Cook | Feb 11, 2026
Commerce secretary Howard Lutnick is not buying into American pessimism. In a wide-ranging hearing in Congress yesterday, Lutnick predicted annualised growth could hit 6% in the first quarter of 2026. He was also forced to acknowledge he had visited Jeffrey Epstein’s...
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by Jonathan Cook | Feb 11, 2026
The euro held steady against its key rivals on Tuesday and remains within touching distance of a four-year high over the US dollar. The absence of substantive data limited the euro’s ability to make further headway. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...
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by Jonathan Cook | Feb 11, 2026
The prime minister withstanding calls to stand down had a stabilising effect on the pound yesterday. But few expect the calm to last long, with some political risk still being priced into sterling ahead of the May local elections. It has been suggested that...
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by Jonathan Cook | Feb 11, 2026
A defiant Sir Keir Starmer vowed yesterday to “never walk away from the country I love” amid a damaging political crisis that has sent the pound tumbling in the past week. Government borrowing costs (represented by yields on the short and long end of the curve) fell...
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by Christopher Nye | Feb 10, 2026
We’re halfway through jobs week in the USA, with one report already showing the labour market in poor shape (‘softer’, in economics parlance) and Non-Farm Payrolls due tomorrow. Even so, these are relatively quiet times for President Trump and for the US dollar. Maybe...
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