The BRC report caused something of a stir on a data-starved day. It’s important to note that this is not is not the official retail sales figures – those will be released by the Office for National Statistics…
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The euro stood firm in the face of political adversity on Tuesday, ceding only a little territory to its rivals as the French government prepares to face a vote of no confidence this evening. Unexpectedly hot data from…
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Donald Trump’s first term as president saw the strange phenomenon of government by tweet. Over the weekend, Trump showed we could be in for more of the same as he threatened to impose tariffs on BRICs nations moving…
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Similar to a US government shutdown, the political skulduggery in Paris is focusing attention on the euro and the price of French government debt. Politics caused some weakness for the euro on Monday but the real volatility will…
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With Keir Starmer due to deliver a “reset” this week after seeing his approval ratings plummet, the pound could do with the same. One bad day saw most of GBP/USD’s gains from last week wiped out and, while…
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Sterling loosened its stranglehold over the euro on Monday as British manufacturing output fell in November. S&P Global’s manufacturing PMI survey was revised lower to 48 in November, its weakest level since February.
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A new week and a new month see the pound in a commanding position against the euro and fighting back strongly against the US dollar. GBP/EUR is 1.5% better than this time last month and very close to…
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Last week saw the fightback against the US dollar, with losses of some 1% to 2% against most rivals, including the pound. Jobs are the major focus this week, with JOLTS job openings tomorrow and Non-Farm Payrolls on…
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