by Jonathan Cook | Dec 23, 2025
The European Central Bank’s (ECB) Isabel Schnabel said that she expected interest rates to stay in a stable range in the near future. The euro traded in a narrow range against its main rivals on Monday as it stabilised following the last ECB meeting of the year....
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by Jonathan Cook | Dec 23, 2025
There is a growing sense that the Federal Reserve might move faster in cutting rates next year than expected. At present, the chances of a rate cut in January seem slim. But that hasn’t stopped the US dollar’s slide as markets price in a more dovish position for the...
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by Charles Purdy | Dec 22, 2025
There has been a slow but steady upward trend for sterling against the euro over the past week, albeit with some sharp movements along the way. GBP/EUR is at a two-week high and 0.65% up on the start of the month. Given that currency markets react to world events we...
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by Christopher Nye | Dec 22, 2025
A quiet week for the US dollar may have been some comfort after a month of losses that added up to 2-3% against most major pairs including sterling. We’ve got Durable Goods Orders and a second reading or quarterly GDP coming out...
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by Christopher Nye | Dec 22, 2025
Last week was fairly negative for the euro, with losses of around half a percent against the pound and other European currencies. It’s all gone very quiet for data releases, apart from some tidying up with final GDP and inflation numbers. These can surprise the...
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